Searchlight Resources Inc (SCLT) AI Stock Analysis

• Market Cap: C$1.47M
• Dividend Yield: N/A
• Average Volume (3M): 51.19K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.85
• Revenue Growth: N/A
• EPS Growth: 67.59%
• Country: CA
• Employees: 1
• Sector: Energy
• Sector Strength: 62
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 146,566,130
• 10 Day Avg. Volume: 36,766
• 30 Day Avg. Volume: 51,188
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -12.40
• 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

The overall score reflects significant financial challenges and negative valuation, despite a strong technical setup and positive corporate developments. The absence of revenue and profitability severely impact the score, with strategic expansions and technical momentum providing some positive outlook.

Searchlight Resources Inc Business Overview & Revenue Model

Company Description

Searchlight Resources Inc (SCLT) is a resource exploration company focused on the acquisition and development of mineral properties in Canada. The company primarily operates in the mining sector, targeting valuable minerals such as gold, copper, and other base metals. Searchlight Resources aims to advance its exploration projects through strategic planning and leveraging its expertise in geology and mineral resource management.

How the Company Makes Money

Searchlight Resources Inc generates revenue primarily through the exploration and development of its mineral properties. The company seeks to identify and explore sites with high mineral potential, which can be developed into profitable mining operations. Once a site is deemed viable, Searchlight may either sell the asset to larger mining companies or enter into joint venture agreements to share the costs and profits of further development. The company's earnings are influenced by the global demand for minerals, commodity prices, and its ability to efficiently manage exploration and development costs. Key partnerships with other mining firms or investors can also contribute to its revenue by providing the necessary capital and resources to advance its projects.

Searchlight Resources Inc Financial Statement Overview

Summary

Searchlight Resources Inc. faces substantial financial challenges, with consistent zero revenue and significant operational and net losses. Despite the absence of debt, declining assets and cash flow issues could hinder future growth and operational sustainability.

Income Statement

Searchlight Resources Inc. has reported zero revenue consistently, indicating no sales activity or revenue generation over the periods analyzed. The company faces negative EBIT and net income, suggesting significant operational and net losses, which is a concern for profitability and financial health.

Balance Sheet

The balance sheet shows no debt, which is a positive aspect, reducing financial risk. However, there is a declining trend in stockholders' equity, indicating potential erosion of shareholder value. The equity ratio remains high due to the absence of debt, but the decrease in total assets suggests weakening financial stability.

Cash Flow

The company exhibits negative operating and free cash flows, highlighting challenges in generating cash from operations. There is no consistent growth in free cash flow, with fluctuations suggesting operational inefficiencies. The company's reliance on financing activities in previous years is evident, raising concerns about sustainability.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00	0.00
	EBIT
-314.24K	-1.29M	-1.45M	-1.12M	-1.17M	-1.56M
	EBITDA
-641.98K	-1.19M	-1.45M	-1.12M	-1.17M	-140.11K
	Net Income Common Stockholders
-502.84K	-1.19M	-1.39M	-1.34M	-1.35M	-143.09K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
117.16K	197.13K	1.31M	1.47M	1.36M	1.16M
	Total Assets
1.06M	1.16M	2.18M	2.16M	1.90M	1.44M
	Total Debt
0.00	0.00	0.00	0.00	0.00	97.50K
	Net Debt
-69.04K	-182.93K	-1.27M	-1.40M	-1.20M	-786.22K
	Total Liabilities
308.74K	173.53K	138.81K	72.33K	21.56K	214.24K
	Stockholders Equity
753.67K	982.96K	2.04M	2.09M	1.87M	1.23M
Cash Flow		Free Cash Flow
-289.21K	-1.33M	-1.22M	-1.17M	-1.29M	-674.93K
	Operating Cash Flow
-457.28K	-1.30M	-1.20M	-1.12M	-1.17M	-641.93K
	Investing Cash Flow
81.59K	25.00K	-16.25K	-50.00K	-125.00K	254.93K
	Financing Cash Flow
0.00	194.68K	1.08M	1.38M	1.60M	1.25M

Searchlight Resources Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SCLT, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 41.90 is Neutral, 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:SCLT.

Searchlight Resources Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FNC	62 Neutral	C$18.07M	3.11	10.15%	―	―	―
Sector *	57 Neutral	$7.52B	4.07	-3.52%	8.38%	-0.14%	-64.60%
GSP	49 Neutral	C$31.48M	―	-33.36%	―	―	―
SCLT	45 Neutral	C$1.47M	―	-50.12%	―	―	67.59%
BMK	37 Underperform	C$3.36M	―	25.02%	―	―	84.51%

Searchlight Resources Inc Corporate Events

Searchlight Resources Expands Uranium Portfolio with New Claims in Athabasca Basin

Searchlight Resources Inc. has staked two new mineral claims in the Eastern Athabasca Basin, Northern Saskatchewan, covering 3,902.8 hectares. These claims are strategically located near existing infrastructure and within proximity to historical drill holes with anomalous uranium and rare earth values. This move aligns with Searchlight’s strategy to expand its uranium project portfolio, which includes the Duddridge Lake Uranium Deposit. The company plans to conduct detailed geological evaluations and future exploration on these claims.

Searchlight Resources Expands Uranium Portfolio with New Claims in Saskatchewan

Searchlight Resources Inc. has announced the staking of two mineral claims in the Eastern Wollaston Domain, Northern Saskatchewan, covering 37.3 sq km and hosting multiple uranium showings, including Bonnie Lake. This strategic move adds to Searchlight’s uranium portfolio and positions the company in a prime uranium exploration area under the eastern Athabasca Basin, potentially enhancing its market position in high-grade uranium mining.

Searchlight Resources Reports Progress on Uranium Projects with Refined Energy Corp.

Searchlight Resources Inc. has announced progress on the Basin and Milner Projects, which are under option to Refined Energy Corp. Refined has initiated an option agreement and plans to conduct exploration activities in the summer of 2025. The exploration will focus on identifying uranium mineralization at both the Basin and Milner Properties using various geophysical and geochemical methods. Searchlight retains a 2% Net Smelter Royalty on these claims and will receive cash and share payments from Refined. This development may enhance Searchlight’s standing in the uranium exploration sector and potentially increase stakeholder value.