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Silver Sands Resources Corp. (TSE:SAND)
:SAND

Silver Sands Resources (SAND) AI Stock Analysis

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Silver Sands Resources

(OTC:SAND)

36Underperform
Silver Sands Resources is struggling with significant financial instability and a lack of profitability, reflected in its negative financial performance score. The technical analysis shows some positive momentum, but valuation metrics highlight concerns, especially with the negative P/E ratio. These factors result in a low overall stock score, indicating high risk for investors.

Silver Sands Resources (SAND) vs. S&P 500 (SPY)

Silver Sands Resources Business Overview & Revenue Model

Company DescriptionSilver Sands Resources (SAND) is a mining company focused on the exploration and development of precious metal projects, primarily in the silver sector. The company is dedicated to identifying, acquiring, and advancing high-potential silver assets, with a strategic emphasis on projects that can be rapidly developed to production. Silver Sands Resources operates in the mining sector, seeking to leverage its expertise in geology, engineering, and project management to create value for its shareholders.
How the Company Makes MoneySilver Sands Resources generates revenue through the exploration, development, and eventual production of silver and related precious metals. The company's primary revenue streams include the sale of extracted silver to industrial clients, jewelry manufacturers, and investors interested in physical silver. Additionally, Silver Sands Resources may enter into joint ventures or strategic partnerships with other mining companies to share exploration and development costs, thereby enhancing its operational efficiency and potential profitability. The company's earnings are significantly influenced by global silver prices, which fluctuate based on market demand, economic conditions, and geopolitical factors. Furthermore, Silver Sands may leverage financing and equity offerings to fund its exploration and development activities, although these do not directly contribute to revenue but enable future revenue generation.

Silver Sands Resources Financial Statement Overview

Summary
Silver Sands Resources is facing considerable financial difficulties, with consistent losses, negative cash flows, and deteriorating equity. The lack of revenue and profitability, coupled with liquidity issues, poses significant risks to the company's financial stability and growth prospects in the mining industry.
Income Statement
15
Very Negative
Silver Sands Resources has experienced consistent net losses over the years with no revenue generation, indicating significant challenges in profitability and growth. The TTM EBIT and EBITDA margins are negative, reflecting operational inefficiencies.
Balance Sheet
35
Negative
The company's equity has significantly decreased, with a negative stockholders' equity in the latest annual report. The debt-to-equity ratio is not calculable due to zero total debt, but the lack of liabilities doesn't offset the concerns of financial instability marked by diminishing assets.
Cash Flow
20
Very Negative
Negative free cash flow and operating cash flow highlight liquidity issues. Although there is some financing cash flow, it is insufficient to cover the operational cash shortfalls, indicating potential challenges in sustaining operations.
Breakdown
TTMMar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
0.000.000.000.000.00
EBIT
-356.26K-465.93K5.32M-909.83K-1.03M-397.66K
EBITDA
-271.20K-465.93K-603.77K-909.83K-1.40M-397.66K
Net Income Common Stockholders
-957.91K-1.07M-18.62M-909.83K-2.41M-397.66K
Balance SheetCash, Cash Equivalents and Short-Term Investments
92.34K118.81K440.06K261.61K2.30M103.72K
Total Assets
99.93K138.16K1.01M5.39M5.53M234.17K
Total Debt
0.000.000.000.000.000.00
Net Debt
-92.34K-118.81K-440.06K-261.61K-2.30M-103.72K
Total Liabilities
77.19K249.51K85.15K29.36K47.81K25.96K
Stockholders Equity
22.74K-111.35K924.90K5.36M5.48M208.21K
Cash FlowFree Cash Flow
-385.66K-364.05K-1.06M-2.08M-3.31M-304.74K
Operating Cash Flow
-385.66K-364.05K-473.20K-715.93K-962.82K-307.48K
Investing Cash Flow
0.0012.80K-638.28K-1.36M-2.35M2.74K
Financing Cash Flow
315.00K30.00K1.29M40.53K5.51M293.55K

Silver Sands Resources Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.04
Price Trends
50DMA
0.04
Negative
100DMA
0.04
Negative
200DMA
0.05
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
29.73
Positive
STOCH
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SAND, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 29.73 is Positive, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SAND.

Silver Sands Resources Peers Comparison

Overall Rating
UnderperformOutperform
Sector (47)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
47
Neutral
$2.43B-3.06-22.76%3.59%4.02%-29.07%
TSIPT
42
Neutral
$45.77M-16.38%36.99%-153.27%
TSAGX
41
Neutral
C$33.37M-40.04%35.09%7.59%
36
Underperform
C$505.42K-362.48%87.27%
TSBHS
23
Underperform
C$13.80M-4989.61%-150.85%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:SAND
Silver Sands Resources
0.04
-0.10
-73.08%
TSE:IPT
IMPACT Silver
0.20
-0.10
-33.33%
TSE:BHS
Bayhorse Silver
0.05
-0.03
-37.50%
TSE:AGX
Silver X Mining
0.15
-0.09
-37.50%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.