Golden Tag Resources (SVRS) AI Stock Analysis

• Market Cap: C$74.57M
• Dividend Yield: N/A
• Average Volume (3M): 330.92K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.66
• Revenue Growth: N/A
• EPS Growth: 78.62%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Silver
• EPS (TTM): >-0.01
• Shares Outstanding: 497,150,940
• 10 Day Avg. Volume: 324,123
• 30 Day Avg. Volume: 330,915
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -11.00
• 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

Golden Tag Resources faces significant financial challenges, typical of a pre-revenue mining exploration company. While technical indicators suggest a neutral outlook, the valuation remains unattractive due to the lack of profitability. The recent private placement announcement is a positive development, providing potential financial stability. However, overall risks remain high due to financial instability and lack of revenue.

Golden Tag Resources Business Overview & Revenue Model

Company Description

Golden Tag Resources (SVRS) is a mineral exploration company focused on discovering and developing silver resources in Mexico. The company primarily operates in the mining sector, with its flagship project being the San Diego property located in the prolific Velardeña Mining District. Golden Tag Resources is dedicated to advancing its exploration projects and increasing shareholder value through strategic exploration and development initiatives.

How the Company Makes Money

Golden Tag Resources generates revenue through the exploration and development of its mineral properties, primarily targeting silver deposits. The company's main revenue streams include selling extracted minerals to metal markets and entering into joint ventures or partnerships with other mining companies to leverage additional resources for exploration and production. Significant factors contributing to the company's earnings include fluctuations in silver prices, successful exploration outcomes, and strategic partnerships that enhance operational capabilities and access to capital.

Golden Tag Resources Financial Statement Overview

Summary

Golden Tag Resources is in a high-risk financial position, typical of a mining exploration company with no revenue and significant operational losses. The balance sheet is relatively stable with low leverage, but liquidity concerns loom due to sustained negative cash flows.

Income Statement

Golden Tag Resources has reported no revenue over the last several years, indicating a pre-revenue stage typical for exploration companies in the mining industry. The consistent negative EBIT and net income highlight ongoing operational and financial challenges, with no signs of profitability. The lack of revenue growth is a major concern, impacting the overall financial health of the company.

Balance Sheet

The company's balance sheet shows a moderate level of equity relative to total assets, with an equity ratio of 47% in 2023. However, the low total debt level is a positive aspect, reducing leverage-related risks. The declining trend in cash equivalents and increasing liabilities over time suggest potential liquidity challenges.

Cash Flow

Golden Tag Resources faces significant cash flow difficulties, as evidenced by negative operating and free cash flows in recent years. The company relies heavily on financing activities to support its operations, which may not be sustainable in the long term. The lack of operating cash flow to net income ratio points to inefficiencies in converting income to cash.

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
-6.60M	-516.16K	-1.15M	-2.23M	-246.61K	-71.13K
	EBIT
-4.51M	-15.59M	-3.27M	-4.68M	-5.13M	-252.00K
	EBITDA
-9.32M	-15.13M	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
-9.89M	-16.37M	-2.88M	-4.80M	-5.14M	-470.18K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
506.47K	4.50M	6.65M	6.37M	8.58M	1.44M
	Total Assets
34.39M	24.87M	7.09M	6.55M	8.90M	1.59M
	Total Debt
1.20M	1.05M	0.00	0.00	0.00	0.00
	Net Debt
696.50K	-3.42M	-6.61M	-6.32M	-8.40M	-1.27M
	Total Liabilities
16.29M	13.13M	441.48K	760.14K	778.50K	21.23K
	Stockholders Equity
18.11M	11.74M	6.65M	5.79M	8.12M	1.57M
Cash Flow		Free Cash Flow
-6.50M	-8.96M	-3.56M	-4.66M	-1.60M	-348.93K
	Operating Cash Flow
-6.44M	-8.89M	-3.56M	-4.66M	-1.60M	-348.93K
	Investing Cash Flow
10.89K	-68.21K	0.00	93.02K	21.40K	233.44K
	Financing Cash Flow
5.77M	6.79M	3.87M	2.48M	8.72M	1.35M

Golden Tag Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SVRS, the sentiment is Positive. The current price of 0.15 is above the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.13, and above the 200-day MA of 0.13, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.00 is Neutral, neither overbought nor oversold. The STOCH value of 6.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SVRS.

Golden Tag Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AGI	80 Outperform	$16.01B	39.90	8.74%	0.38%	33.75%	32.86%
SIL	76 Outperform	$2.18B	18.49	18.48%	―	25.05%	0.44%
SSRM	63 Neutral	$3.16B	―	-8.06%	0.76%	-29.09%	-157.10%
MAG	57 Neutral	$2.32B	21.72	14.17%	―	―	61.66%
BTO	54 Neutral	$5.47B	―	-18.54%	5.57%	-4.17%	-318.18%
Sector *	47 Neutral	$2.66B	-3.11	-22.17%	3.33%	3.66%	-28.13%
SVRS	34 Underperform	C$74.57M	―	-24.57%	―	―	78.62%

Golden Tag Resources Corporate Events

Silver Storm Expands Private Placement to $3.5 Million with Major Investment

Silver Storm Mining Ltd., based in Toronto, Ontario, is a mining company engaged in the development of mining operations and resources. The company has announced an increase in their non-brokered private placement offering to $3.5 million, including a significant investment from First Majestic Silver Corp. The offering, which includes units consisting of common shares and warrants, is subject to TSX Venture Exchange approval. The funds will be used for completing an NI 43-101 resource statement and for general corporate purposes.

Silver Storm Mining Closes Third Tranche of Private Placement with Eric Sprott’s Participation

Silver Storm Mining Ltd., operating in the mining industry, announced the closure of the third tranche of its non-brokered private placement offering, raising $784,500.03. This round included significant investment from shareholder Eric Sprott. The raised funds will support the completion of a resource statement and other corporate needs. The transaction has received conditional approval from the TSX Venture Exchange, and the participation of Eric Sprott is recognized as a related party transaction, exempt from certain regulatory requirements due to its proportionate value.

Silver Storm Mining Unveils Promising Drill Results at La Parrilla Mine

Silver Storm Mining Ltd., a company focused on silver exploration, announced promising results from its Phase 2 diamond drilling program at the La Parrilla Silver Mine Complex in Durango, Mexico. The drilling in the C460 Zone revealed significant high-grade silver equivalents, extending the high-grade zone 138 meters at depth. These results, when combined with historical data, are anticipated to enhance future mineral resources, potentially strengthening the company’s position in the mining industry and benefiting its stakeholders.

Silver Storm Reveals Promising Drill Results Extending Mineral Zones

Silver Storm Mining Ltd. reported promising results from its Phase 2 diamond drilling program at the La Parrilla Silver Mine Complex. The drill results indicate high-grade mineralization in the San Nicolas and C550 Zones, suggesting significant extensions of mineralized areas. These findings could enhance the company’s resource base and potentially improve its market position in the silver mining sector.

Silver Storm Mining Reveals High-Grade Depth Extension

Silver Storm Mining Ltd. has announced promising results from its Phase 2 drilling program at the La Parrilla Silver Mine in Mexico, revealing a significant 100-meter depth extension of high-grade sulphide mineralization. The findings suggest potential for additional oxide mineralization near the surface, which could play a crucial role in future mine development.

Silver Storm Unveils Promising Drill Results

Silver Storm Mining Ltd. has announced promising results from their Phase 2 diamond drill program at the La Parrilla Silver Mine in Mexico, identifying three high-grade zones in the Central Rosarios area. These zones extend mineralization significantly, with one reaching 148 meters below the last mined area, potentially enhancing future mineral resources. The company’s success in discovering new high-grade sulphide zones indicates strong growth potential for investors.

Silver Storm Mining Joins Key Investment Conferences

Silver Storm Mining Ltd. is set to participate in two major investment conferences in November, including the 121 Mining Investment Conference in London and the New Orleans Investment Conference. These events provide the company with opportunities to engage with investors and discuss its strategic initiatives in the silver mining sector.

Silver Storm Finds High-Grade Silver in Mexico

Silver Storm Mining Ltd. has announced promising drill results from its La Parrilla Silver Mine Complex in Durango, Mexico, with several high-grade silver intercepts exceeding 1,000 g/t Ag.Eq. These results, particularly from the La Estrella and San Rafael Zones, suggest a potential positive impact on future mineral resources.