Silver Range Resources (SNG) AI Stock Analysis

• Market Cap: C$8.83M
• Dividend Yield: N/A
• Average Volume (3M): 3.02K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.39
• Revenue Growth: N/A
• EPS Growth: 42.25%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): -0.01
• Shares Outstanding: 98,126,884
• 10 Day Avg. Volume: 4,000
• 30 Day Avg. Volume: 3,019
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -18.50
• 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 Range Resources struggles with severe financial performance issues due to the absence of revenue and persistent losses, significantly weighing down its overall score. While technical indicators provide some stability, the valuation remains unattractive because of the negative earnings. The lack of any dividend yield further detracts from its appeal. These factors collectively result in a low overall stock score.

Silver Range Resources Business Overview & Revenue Model

Company Description

Silver Range Resources Ltd. is a Canadian-based exploration company focused on the acquisition, exploration, and development of high-grade gold and silver mineral properties. Operating primarily within North America, the company targets regions with prolific mineral potential, leveraging advanced geological techniques to identify and assess promising mining prospects.

How the Company Makes Money

Silver Range Resources generates revenue primarily through the acquisition, exploration, and development of mineral properties, which they then sell or option to larger mining companies. Their business model hinges on identifying high-potential mineral deposits, conducting preliminary exploration to enhance the value of these properties, and subsequently partnering with or selling the properties to entities with the resources to develop them into producing mines. Significant partnerships with mining companies and strategic alliances play a crucial role in their revenue generation, as these collaborations help in the advancement and monetization of their portfolio. Additionally, the company may earn revenue through royalties or shares in the profits from any eventual mineral production derived from their properties.

Silver Range Resources Financial Statement Overview

Summary

Silver Range Resources faces significant financial challenges, particularly due to a lack of revenue generation, leading to persistent losses and negative cash flows. While the balance sheet is currently strong with no debt, the company must address operational inefficiencies to improve its financial position.

Income Statement

The income statement reflects a challenging environment for Silver Range Resources. With zero revenue reported in both annual and TTM (Trailing-Twelve-Months) data, the company is unable to generate gross or net profit margins. The net loss has widened over the periods, indicating increasing operational challenges.

Balance Sheet

The balance sheet shows a solid equity position with no debt, resulting in a favorable debt-to-equity ratio. However, the company has experienced a decline in total assets. The equity ratio remains strong, but the absence of revenue and consistent losses pose risks to long-term financial health.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, indicating cash outflows exceed inflows from operations. Free cash flow has shown some improvement but remains negative. The company relies on financing activities to support its cash flow needs.

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
-53.30K	-146.16K	-102.57K	-137.62K	-33.34K	-108.70K
	EBIT
-535.81K	-541.08K	-857.80K	-490.00K	-392.70K	-494.87K
	EBITDA
-989.68K	-656.82K	-954.28K	-621.93K	-417.99K	-406.17K
	Net Income Common Stockholders
-1.04M	-987.34K	-1.19M	4.29M	158.75K	-485.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
-15.84K	281.69K	552.45K	1.07M	872.05K	338.70K
	Total Assets
10.09M	9.82M	10.09M	10.28M	5.24M	4.50M
	Total Debt
15.84K	0.00	15.84K	32.74K	48.93K	46.43K
	Net Debt
31.67K	-65.39K	-247.57K	-411.28K	-186.67K	-92.65K
	Total Liabilities
15.84K	101.12K	119.48K	133.18K	125.88K	64.43K
	Stockholders Equity
9.97M	9.72M	9.97M	10.14M	5.11M	4.35M
Cash Flow		Free Cash Flow
-678.10K	-812.58K	-675.74K	-590.01K	-430.87K	―
	Operating Cash Flow
-527.65K	-660.04K	-538.29K	-475.31K	-333.26K	―
	Investing Cash Flow
140.97K	-210.41K	-214.45K	125.23K	-57.02K	―
	Financing Cash Flow
303.38K	672.43K	572.12K	558.50K	486.80K	―

Silver Range Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SNG, the sentiment is Positive. The current price of 0.09 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.08, and above the 200-day MA of 0.08, indicating a bullish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 57.55 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SNG.

Silver Range Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WDO	78 Outperform	C$2.65B	19.53	27.15%	―	67.54%	―
SIL	76 Outperform	$2.18B	18.49	18.48%	―	25.05%	0.44%
FVI	76 Outperform	C$2.78B	15.92	9.74%	―	28.18%	―
BTO	66 Neutral	$5.90B	―	-18.54%	4.33%	-0.18%	-2195.85%
Sector *	47 Neutral	$2.53B	-3.19	-22.23%	3.49%	4.01%	-27.90%
MMG	41 Neutral	C$47.41M	―	-55.36%	―	―	41.78%
SNG	37 Underperform	C$8.83M	―	-10.82%	―	―	42.25%

Silver Range Resources Corporate Events

Silver Range Resources Re-Options Skylight Property to Rush Gold Corp.

Silver Range Resources has entered into a Definitive Agreement with Rush Gold Corp. to re-option the Skylight Property in Nevada, a promising low sulphidation epithermal prospect. The property has shown potential for precious metal-bearing systems, but its core remains untested, presenting new opportunities for exploration under Rush Gold’s renewed interest.

Silver Range Resources Grants Stock Options

Silver Range Resources Ltd. has announced the granting of stock options to its directors, officers, and consultants, allowing them to purchase shares at $0.08 each. The company, a precious metals prospect generator, is actively seeking joint venture partners for its high-grade precious metals opportunities across its portfolio.

Silver Range Resources Expands Exploration Portfolio

Silver Range Resources has reacquired the Cold Springs Property in Nevada and is compiling targets for future testing. They have also acquired data from a multi-year drill program at their East Goldfield Property, intending to build a drill database to identify new targets. These strategic moves are part of their efforts to enhance their exploration portfolio in historically rich mining areas.