Sterling Metals (SAG) AI Stock Analysis

• Market Cap: C$9.59M
• Dividend Yield: N/A
• Average Volume (3M): 45.96K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.70
• Revenue Growth: N/A
• EPS Growth: 72.73%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): -0.04
• Shares Outstanding: 30,920,778
• 10 Day Avg. Volume: 17,009
• 30 Day Avg. Volume: 45,959
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -17.60
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Sterling Metals' overall stock score reflects its current development phase with no revenue and negative cash flows, which are significant risks. The strong equity position is a positive aspect, but the technical analysis indicates only a neutral outlook with some short-term recovery potential. The valuation is unattractive due to the lack of earnings and dividend yield, typical of pre-revenue mining companies.

Sterling Metals Business Overview & Revenue Model

Company Description

Sterling Metals (SAG) is a company engaged in the exploration and development of mineral properties, primarily focusing on precious and base metals. The company operates within the mining sector, aiming to identify and develop high-potential mining sites that offer sustainable returns. Sterling Metals is dedicated to leveraging advanced geological and technological methods to enhance their exploration and extraction processes, ensuring a competitive edge in the industry.

How the Company Makes Money

Sterling Metals generates revenue primarily through the exploration and sale of metal ores extracted from their mining sites. The company identifies promising mining properties, conducts extensive geological surveys, and develops these sites to tap into valuable metal reserves. Revenue is earned by selling extracted metals, such as silver, gold, and other base metals, to metal traders, refineries, and manufacturing companies. Additionally, Sterling Metals may engage in joint ventures or partnerships with other mining companies to share risks and profits, enhancing their revenue streams. The company's earnings are significantly influenced by factors such as global metal prices, mining efficiency, and the successful acquisition of mineral-rich properties.

Sterling Metals Financial Statement Overview

Summary

Sterling Metals is in a development stage common in the mining industry, with no revenue and ongoing operational losses. The strong equity position is a positive, but the lack of revenue and negative cash flows present sustainability challenges. Continued investment and eventual operational success will be critical for future financial health.

Income Statement

Sterling Metals has consistently reported zero revenue, indicating a pre-revenue stage typical in certain mining operations. The company incurs persistent losses with negative EBIT and EBITDA margins, reflecting high operational costs without offsetting revenue. The net profit margin is negative, showing no profitability at this stage.

Balance Sheet

The balance sheet shows no debt, which is a strength, and the equity ratio is high due to substantial stockholders' equity compared to total assets, indicating a solid capital structure. However, the company's assets are not generating income, which is a concern for long-term sustainability.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, indicating reliance on external financing to fund operations. The free cash flow growth rate is negative, with free cash flow consistently declining, demonstrating a need for improved cash management or additional capital to sustain operations.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-19.92K	0.00	-16.23K	-11.29K	0.00	0.00
	EBIT
-1.29M	-1.47M	-1.84M	-1.39M	-2.16M	-277.58K
	EBITDA
-866.73K	-90.43K	-1.52M	-1.36M	-1.78M	21.27M
	Net Income Common Stockholders
-582.42K	-1.56M	-1.54M	-1.38M	-2.06M	-277.58K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.55M	3.81M	3.26M	2.43M	2.76M	433.88K
	Total Assets
12.79M	17.89M	12.44M	9.13M	6.75M	720.75K
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-1.55M	-3.81M	-3.26M	-2.43M	-2.76M	-433.88K
	Total Liabilities
400.87K	634.35K	342.06K	272.83K	384.22K	1.06M
	Stockholders Equity
12.39M	17.26M	12.10M	8.85M	6.36M	-334.30K
Cash Flow		Free Cash Flow
-3.58M	-5.40M	-3.64M	-3.81M	-2.42M	-333.26K
	Operating Cash Flow
-725.91K	-1.27M	-875.92K	-955.00K	-2.31M	-242.66K
	Investing Cash Flow
-2.85M	-4.13M	-2.76M	-2.85M	-102.50K	-90.60K
	Financing Cash Flow
0.00	5.95M	4.47M	―	4.74M	0.00

Sterling Metals Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.31
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SAG, the sentiment is Negative. The current price of 0.31 is below the 20-day moving average (MA) of 0.32, below the 50-day MA of 0.35, and below the 200-day MA of 0.47, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.14 is Neutral, neither overbought nor oversold. The STOCH value of 1.96 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SAG.

Sterling Metals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	79 Outperform	C$2.66B	17.19	26.82%	―	77.93%	236.93%
SIL	76 Outperform	$2.18B	18.49	18.48%	―	25.05%	0.44%
Sector *	47 Neutral	$2.36B	-2.99	-21.59%	3.58%	4.21%	-28.30%
SAG	45 Neutral	C$9.59M	―	-2.84%	―	―	72.73%
RDS	42 Neutral	C$108.96M	―	-1.81%	―	―	50.00%
BAY	38 Underperform	C$12.65M	―	-349.78%	―	―	-184.91%
GZD	31 Underperform	C$3.19M	―	-5.00%	―	―	44.83%

Sterling Metals Corporate Events

Sterling Metals Unveils Promising Copper Targets at Copper Road Project

Sterling Metals Corp. has successfully completed a 3D induced polarization and resistivity survey at its Copper Road Project in Ontario, Canada, uncovering multiple high-priority copper targets. The survey results indicate significant potential for near-surface copper zones and a large-scale copper porphyry mineral system at depth, enhancing the project’s geological prospectivity. The company is now preparing for an initial drill campaign to explore these targets, aiming to confirm the presence of extensive copper and molybdenum deposits.

Sterling Metals Expands Exploration at Copper Road

Sterling Metals has completed a 3D Induced Polarization survey at its Copper Road Project, revealing new copper sulphide mineralization and extending the mineralized footprint. The company is enhancing its exploration efforts by collecting additional samples and launching a high-resolution drone magnetic survey to refine potential drill targets.