Silver Bullet Mines Corp (SBMI) AI Stock Analysis

• Market Cap: C$12.26M
• Dividend Yield: N/A
• Average Volume (3M): 118.53K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.04
• Revenue Growth: N/A
• EPS Growth: -64.17%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Mining
• EPS (TTM): -0.05
• Shares Outstanding: 66,520,850
• 10 Day Avg. Volume: 211,224
• 30 Day Avg. Volume: 118,531
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -6.50
• 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

Silver Bullet Mines Corp shows potential due to positive technical indicators and promising corporate developments. However, significant financial challenges, such as high leverage and negative equity, weigh heavily on the overall score. The lack of profitability and poor valuation metrics are also key concerns.

Silver Bullet Mines Corp Business Overview & Revenue Model

Company Description

Silver Bullet Mines Corp (SBMI) is a mining company primarily engaged in the exploration and development of silver and other precious metal deposits. The company operates within the mining sector, focusing on identifying, acquiring, and advancing silver mining properties. Its core operations involve the extraction, processing, and sale of silver and related by-products, leveraging advanced mining technologies to enhance efficiency and sustainability.

How the Company Makes Money

Silver Bullet Mines Corp generates revenue through the mining and sale of silver and other precious metals. The company's key revenue streams include the extraction of silver ore from its mining properties, processing the ore to produce refined silver products, and selling these products to industrial buyers, wholesalers, and other entities involved in the precious metals market. Significant factors contributing to its earnings include the market demand for silver, the company's operational efficiency in mining and processing, and any strategic partnerships that enhance its market access or reduce operational costs. SBMI may also engage in joint ventures or partnerships with other mining entities to share resources and expertise, potentially boosting its revenue through shared projects.

Silver Bullet Mines Corp Financial Statement Overview

Summary

Silver Bullet Mines Corp faces significant financial challenges, such as high leverage, negative stockholders' equity, and cash flow issues. Despite some revenue growth, financial instability is evident across income, balance sheet, and cash flow metrics.

Income Statement

Silver Bullet Mines Corp has faced challenges in achieving profitability, with consistent negative net income and EBIT over recent periods. Revenue growth is a positive sign, with TTM revenue reaching $445,252 from zero previously, but gross profit remains negative, indicating high production costs or operational inefficiencies. The company needs to improve its cost structure and achieve consistent revenue growth to enhance its income statement strength.

Balance Sheet

The company's financial structure is concerning due to negative stockholders' equity and a very high debt-to-equity ratio, indicating potential financial instability and high leverage risk. Total liabilities exceed total assets, presenting a solvency risk. The company must focus on reducing debt levels and improving equity to stabilize its financial position.

Cash Flow

Operating and free cash flows are negative, reflecting cash flow challenges. The company relies on financing activities to support operations, which is unsustainable long-term. While there was a slight improvement in free cash flow compared to previous periods, the cash flow situation remains weak, necessitating a focus on improving operational efficiency and cash generation.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Dec 2018
Income Statement		Total Revenue
445.25K	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-528.58K	-138.22K	-136.65K	-47.00K	0.00	0.00
	EBIT
-1.78M	-2.08M	-2.63M	-6.05M	-1.50M	-34.50K
	EBITDA
-2.40M	-1.96M	-2.49M	-5.94M	-83.88K	-45.71K
	Net Income Common Stockholders
-2.73M	-2.27M	-2.78M	-6.07M	-1.89M	-45.71K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
986.99K	103.28K	7.77K	284.85K	3.51M	88.79K
	Total Assets
3.35M	3.27M	3.15M	3.62M	5.13M	105.74K
	Total Debt
250.21K	2.04M	1.21M	273.97K	230.13K	0.00
	Net Debt
-736.78K	1.94M	1.20M	-10.88K	-3.28M	-88.79K
	Total Liabilities
573.51K	3.44M	1.89M	537.99K	599.06K	51.45K
	Stockholders Equity
2.77M	-170.37K	1.26M	3.08M	4.53M	54.29K
Cash Flow		Free Cash Flow
-1.75M	-1.35M	-1.94M	-6.06M	-2.30M	-11.21K
	Operating Cash Flow
-1.71M	-1.35M	-1.85M	-4.11M	-1.27M	-11.21K
	Investing Cash Flow
-35.61K	-3.25K	-90.14K	-1.87M	-1.10M	0.00
	Financing Cash Flow
1.83M	1.55M	1.71M	2.80M	5.87M	100.00K

Silver Bullet Mines Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.19
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SBMI, the sentiment is Positive. The current price of 0.19 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.15, and above the 200-day MA of 0.12, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 58.31 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SBMI.

Silver Bullet Mines Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	75 Outperform	C$2.43B	23.27	20.56%	―	64.92%	185.22%
SBMI	55 Neutral	C$12.26M	―	-1611.69%	―	―	-64.17%
EDR	54 Neutral	$1.60B	―	-7.77%	―	-4.65%	-304.16%
Sector *	46 Neutral	$2.64B	-3.89	-29.36%	3.33%	2.89%	-29.66%
USA	44 Neutral	C$422.06M	―	-87.37%	―	15.71%	-4.75%
BHS	23 Underperform	C$13.80M	―	-4989.61%	―	―	-150.85%

Silver Bullet Mines Corp Corporate Events

Silver Bullet Mines Reports Promising Progress at Super Champ Mine

Silver Bullet Mines Corp has reported significant progress at its Super Champ Mine in Arizona, highlighting the potential for substantial gold and silver production. The company has successfully delineated a vein over 1500 feet and cleared most of the overburden, with samples showing high silver content, indicating promising prospects for future operations.

Silver Bullet Mines Uncovers High-Grade Silver Zone at Idaho Mine

Silver Bullet Mines Corp. has successfully accessed a high-grade silver vein at its Washington Mine in Idaho, which is estimated to contain 3 million ounces of silver and 15,000 ounces of gold. This development is expected to enhance the company’s operational capabilities and strengthen its position in the precious metals market, potentially benefiting stakeholders through increased resource extraction and production efficiency.

Silver Bullet Mines Corp. Achieves Milestone with First Silver Concentrate Shipment

Silver Bullet Mines Corp. has successfully shipped its first order of silver concentrate from its operations in Arizona and has achieved its targeted production rate at its Globe, Arizona mill. This milestone marks the beginning of revenue generation for the company, with expectations of increased silver grades in future shipments as higher grade material is processed. The company has also invested in a larger excavator to enhance its production capabilities, indicating a commitment to sustaining and potentially increasing its output.

Silver Bullet Mines Corp Secures Oversubscribed Financing for Mine Development

Silver Bullet Mines Corp has successfully closed an oversubscribed financing round, raising a total of $2,586,020, which exceeded expectations by $1,086,020. These funds are earmarked for accelerated development programs at the Super Champ Mine in Arizona and the Washington Mine in Idaho, supporting the company’s operational growth and enhancing its industry positioning.

Silver Bullet Mines Corp. Extends Financing Closing Date

Silver Bullet Mines Corp. has received approval from the TSXV to extend the closing date of its private placement financing by 30 days. The funds raised from this financing will support accelerated development programs at its Super Champ Mine in Arizona and Washington Mine Property in Idaho, as well as serve as working capital.

Silver Bullet Mines Uncovers New High-Grade Silver at Arizona Site

Silver Bullet Mines Corp. has discovered significant high-grade silver mineralization at the Super Champ Mine in Arizona, indicating potential for a parallel vein system. This discovery, made through surface exploration, could enhance the company’s operational prospects and its position within the silver mining sector.

Silver Bullet Mines Finds High-Grade Silver in Arizona

Silver Bullet Mines Corp. has reported promising assay results from its Super Champ site in Arizona, with silver concentrations reaching up to 508.8 oz/ton. These findings bolster the company’s confidence in the site as a potential major asset, providing high-grade material for their milling operations.