Sparton Resources (SRI) AI Stock Analysis

• Market Cap: C$3.40M
• Dividend Yield: N/A
• Average Volume (3M): 125.16K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.52
• Revenue Growth: -100.00%
• EPS Growth: -276.92%
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 50
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 169,941,540
• 10 Day Avg. Volume: 54,917
• 30 Day Avg. Volume: 125,158
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 4.45
• Price to Cash Flow (P/CF): -5.80
• 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

Sparton Resources is currently facing significant financial and operational challenges, reflected in its poor financial performance and unattractive valuation metrics. Technical indicators do not show significant positive momentum. Immediate strategic changes are vital to improve financial health and investor confidence.

Sparton Resources Business Overview & Revenue Model

Company Description

Sparton Resources Inc. (SRI) is a diversified exploration and development company focused on the natural resources sector. It primarily engages in the exploration and development of uranium and other energy-related resources. The company's core operations involve identifying, acquiring, and exploring promising mineral properties, with the aim of developing these resources into commercially viable projects.

How the Company Makes Money

Sparton Resources generates revenue primarily through the exploration and development of mineral properties, particularly uranium. The company's revenue model is centered around the acquisition of promising mineral rights, exploration to assess resource potential, and ultimately the sale or development of these properties into commercially viable projects. Key revenue streams include the sale of mineral resources, joint ventures, and partnerships with other mining and energy companies. Additionally, the company may engage in strategic alliances or collaborations to leverage expertise, share financial risks, and enhance project value. However, due to the exploratory nature of its operations, revenue can be inconsistent and heavily dependent on the success of its exploration activities and favorable market conditions for its resources.

Sparton Resources Financial Statement Overview

Summary

Sparton Resources faces severe financial challenges, with a complete drop in revenue and persistent negative earnings. The balance sheet is moderately stable but does not compensate for poor cash flow and operational inefficiencies. Strategic interventions are urgently needed.

Income Statement

Sparton Resources has faced significant revenue volatility, with a complete drop to zero revenue in the TTM period. The company consistently reports negative EBIT and net income, indicating ongoing operational challenges. Margins are negative, reflecting the company's inability to cover its costs and generate profit.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio with some improvement in stockholders' equity over time. However, total assets have decreased, and equity ratio trends are not favorable. The financial position is somewhat stable but requires careful management to navigate potential liabilities.

Cash Flow

Cash flow analysis reveals persistent negative free cash flow, indicating that operational cash outflows are not covered by inflows. Despite some financing activities, operating cash flow remains deeply negative, which suggests liquidity challenges and a need to improve operational efficiency.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	954.10K	1.14M	470.77K	0.00	46.57K
	Gross Profit
-152.98K	45.69K	333.05K	56.18K	-5.50K	47.29K
	EBIT
-606.96K	-313.64K	-345.57K	-356.85K	-686.78K	-210.91K
	EBITDA
-727.40K	-280.67K	-328.31K	-340.60K	-670.13K	-180.36K
	Net Income Common Stockholders
-803.80K	-330.88K	-353.39K	-360.25K	-652.99K	-208.65K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
32.13K	411.41K	85.39K	246.10K	105.13K	5.37K
	Total Assets
1.58M	2.24M	1.94M	1.92M	1.61M	1.56M
	Total Debt
266.07K	227.16K	224.08K	241.00K	326.23K	283.23K
	Net Debt
235.96K	-184.25K	143.52K	4.55K	223.39K	279.13K
	Total Liabilities
504.41K	565.35K	614.70K	553.07K	627.95K	555.32K
	Stockholders Equity
720.25K	1.32M	977.75K	1.02M	640.11K	648.41K
Cash Flow		Free Cash Flow
-792.29K	-140.05K	-223.89K	-344.95K	-465.97K	-142.14K
	Operating Cash Flow
-792.29K	-138.85K	-155.13K	-296.30K	-465.97K	-142.14K
	Investing Cash Flow
16.33K	19.70K	-68.76K	-48.65K	0.00	13.45K
	Financing Cash Flow
742.00K	450.00K	68.00K	478.56K	564.72K	102.67K

Sparton Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SRI, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 41.72 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SRI.

Sparton Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$7.03B	3.43	-6.29%	6.02%	-0.15%	-51.34%
CNC	53 Neutral	$186.76M	―	-0.58%	―	―	91.44%
DML	49 Neutral	$1.60B	33.39	-4.64%	―	―	―
NXE	39 Underperform	$3.63B	27.25	-7.77%	―	―	-197.27%
SRI	34 Underperform	C$3.40M	―	-91.00%	―	-100.00%	-276.92%
PTU	31 Underperform	C$14.14M	―	-160.61%	―	―	15.98%

Sparton Resources Corporate Events

Sparton Resources Advances in Chinese Flow Battery Joint Venture

Sparton Resources has announced significant progress in its joint venture with VRB Energy and Lubao Group in China. Key developments include the establishment of a vanadium flow battery manufacturing base, a strategic partnership for a storage project in Hunan Province, and the successful quality inspection and shipment of standardized products to the global market, notably enhancing the company’s market position and ensuring stable power supply integration with renewable energy sources.

Sparton Resources Reports Promising Drilling Results

Sparton Resources has announced promising assay results from its initial drilling at the Pense Critical Metals Project in Ontario, confirming the presence of valuable critical metals and gold. Additionally, the company has secured full ownership of the Pense Property. Meanwhile, VRB Energy is advancing its U.S. operations and its battery manufacturing joint venture in China.