Strategic Minerals (SML) AI Stock Analysis

• Market Cap: £56.37M
• Dividend Yield: N/A
• Average Volume (3M): 41.83M
• Price to Earnings (P/E): 70.0
• Beta (1Y): 0.07
• Revenue Growth: 53.42%
• EPS Growth: N/A
• Country: UK
• Employees: 11
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 2,684,490,200
• 10 Day Avg. Volume: 102,443,026
• 30 Day Avg. Volume: 41,825,345
• PEG Ratio: -0.02
• Price to Book (P/B): 1.27
• Price to Sales (P/S): 1.33
• P/FCF Ratio: 6.27
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: 2.00p ▲(42.86% Upside)

The score is driven primarily by improved financial performance and positive trend/momentum signals, tempered by valuation risk from a high P/E and the company’s historical volatility and balance sheet fluctuations.

Positive Factors

2024 revenue and margin recovery

A clear recovery in 2024 with higher revenue and margins indicates the company addressed prior cost or operational issues. Durable margin improvement supports sustainable profitability, reinvestment capacity and resilience through commodity cycles over the next several quarters.

Consistent operating cash generation

Consistent positive operating cash flow and notable free cash flow growth provide the company with internal funding for development and capex, reduce dependence on external financing, and improve long-term project funding visibility and strategic optionality.

Low leverage and solid equity base

A low debt-to-equity profile and positive equity ratio give Strategic Minerals financial flexibility to fund exploration and development, withstand commodity downturns, and pursue JV or partnership opportunities without immediate refinancing pressure.

Negative Factors

Historical earnings volatility

Material swings in earnings and prior volatility reduce predictability of cash flows and complicate multi-period planning. This raises execution and financing risk for long-lead mining projects, increasing the cost of capital and making multi-quarter planning harder.

Reduction in total assets (2023)

A significant asset reduction in 2023 may reflect write‑downs, disposals or project setbacks, which can impair resource base and future production capacity, limiting revenue scalability and reducing collateral for funding larger development stages over the medium term.

Very small operating scale

A very small headcount suggests limited internal capacity to advance multiple projects, manage operations, and handle permitting or commercial contracts. This increases reliance on partners or contractors and raises execution and governance risk as the company scales.

Strategic Minerals Business Overview & Revenue Model

Company Description

Strategic Minerals Plc engages in the exploration, development, and operation of mining projects. The company operates the Cobre mine in New Mexico, which sells magnetite for use in the cement, fertilizer, dense media/medium, paint pigment, water jet cutting, ballast, magnet, toner, coal cleaning, and landscaping markets. It also holds interest in the Leigh Creek Copper Mine located in the North Flinders Ranges of South Australia; and the Redmoor tin/tungsten project in Cornwall, the United Kingdom. The company was incorporated in 2010 and is based in London, the United Kingdom.

How the Company Makes Money

Strategic Minerals generates revenue primarily through the sale of minerals extracted from its mining operations. The company focuses on high-demand minerals such as lithium, cobalt, and rare earth elements, which are critical for electric vehicle batteries and other technology applications. Key revenue streams include the direct sale of mined materials to manufacturers and industrial clients, as well as potential partnerships with battery manufacturers and technology firms looking to secure supply chains for these essential minerals. Additionally, SML may engage in joint ventures or strategic alliances to enhance its exploration capabilities and share in the profits of successful projects, further diversifying its income sources.

Strategic Minerals Financial Statement Overview

Summary

Strong 2024 recovery with improved revenue, profitability, and positive operating cash flow/free cash flow. Offsetting this are historical earnings volatility (notably 2023) and balance sheet asset/equity fluctuations that raise stability risk.

Income Statement

Strategic Minerals showed a strong recovery in 2024 with a significant increase in total revenue and net income compared to previous years. The gross profit margin and net profit margin improved substantially, indicating effective cost management and profitability enhancement. However, past volatility in revenues and earnings, particularly in 2023, poses a risk to sustained performance.

Balance Sheet

The company maintains a solid equity position with a positive equity ratio. The debt-to-equity ratio is low, suggesting manageable leverage. However, fluctuations in stockholders' equity over recent years and a significant reduction in total assets in 2023 highlight potential stability concerns.

Cash Flow

Operating cash flow has been consistently positive, reflecting strong cash generation from operations. Free cash flow growth is notable, particularly in 2024. However, capex needs and past variability in free cash flow indicate potential challenges in maintaining current levels without careful cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.15M	4.75M	1.58M	2.45M	2.61M	3.02M
Gross Profit	3.61M	3.90M	1.31M	1.95M	2.09M	2.46M
EBITDA	2.18M	2.49M	-8.75M	684.00K	482.00K	626.00K
Net Income	610.71K	1.30M	-9.19M	84.00K	156.00K	214.00K
Balance Sheet
Total Assets	9.74M	8.10M	6.60M	15.25M	15.33M	14.41M
Cash, Cash Equivalents and Short-Term Investments	1.53M	621.00K	112.00K	341.00K	611.00K	833.00K
Total Debt	898.00K	1.11M	490.00K	587.00K	722.00K	80.00K
Total Liabilities	2.96M	3.13M	2.75M	2.40M	1.55M	856.00K
Stockholders Equity	6.78M	4.97M	3.85M	12.84M	13.78M	13.55M
Cash Flow
Free Cash Flow	891.26K	1.01M	29.00K	59.00K	-542.00K	330.00K
Operating Cash Flow	950.16K	1.42M	598.00K	775.00K	610.00K	929.00K
Investing Cash Flow	-577.55K	-531.00K	-569.00K	-717.00K	-1.15M	-558.00K
Financing Cash Flow	588.36K	-385.00K	-262.00K	-320.00K	328.00K	-60.00K

Strategic Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.40
• 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 GB:SML, the sentiment is Positive. The current price of 1.4 is below the 20-day moving average (MA) of 1.60, below the 50-day MA of 1.44, and above the 200-day MA of 0.74, indicating a bullish trend. The MACD of 0.20 indicates Negative momentum. The RSI at 68.08 is Neutral, neither overbought nor oversold. The STOCH value of 66.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:SML.

Strategic Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SML	67 Neutral	£56.37M	70.00	16.95%	―	53.42%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ZNWD	52 Neutral	£38.78M	-13.00	-7.78%	―	―	-19.57%
BRES	50 Neutral	£39.38M	-15.28	-6.07%	―	―	76.92%
KAV	45 Neutral	£33.62M	-1.76	-61.43%	―	―	―
CRCL	44 Neutral	£28.95M	-2.13	-78.37%	―	―	―
FAR	43 Neutral	£38.86M	-4.89	-695.40%	―	9.40%	-11.81%

Strategic Minerals Corporate Events

Strategic Minerals Confirms High-Grade Tungsten and Tin at Redmoor as Resource Upgrade Nears

Strategic Minerals has reported strong assay results from drillhole CRD036 at its Redmoor project in Cornwall, confirming multiple high-grade tungsten, tin and copper intersections, along with elevated silver associated with copper-rich zones. The hole, drilled from Pad 2 within the Sheeted Vein System, successfully twins 1980s drillholes and demonstrates continuity of mineralised structures, reinforcing confidence in historical data for use in the updated mineral resource estimate and potentially reducing future prefeasibility drilling needs. Management said the results underscore Redmoor’s status as the highest-grade undeveloped tungsten resource in Europe and support ongoing work to update the deposit model and mineral resource in early 2026, ahead of a planned prefeasibility study and infill drilling programme aimed at upgrading the resource classification and accelerating project development in a tightening global critical minerals market.

The most recent analyst rating on (GB:SML) stock is a Buy with a £2.50 price target. To see the full list of analyst forecasts on Strategic Minerals stock, see the GB:SML Stock Forecast page.

Strategic Minerals Raises £4m to Fast-Track Redmoor Drilling and Development

Strategic Minerals has raised £4 million through a placing and subscription of 307.7 million new shares at 1.3 pence, with demand from UK and international institutional, family office and ultra-high-net-worth investors, and has also issued 7.5 million shares in lieu of adviser fees, bringing total voting share capital to about 2.68 billion shares. The net proceeds will be used to accelerate development of the Redmoor tungsten-tin-copper project in Cornwall via a 16,000-metre infill drilling programme and expansion of the project team, with drilling expected to commence this quarter and to substantially complete the requirements for a prefeasibility study; management highlights rising tungsten prices, supply constraints and Redmoor’s status as the highest-grade undeveloped tungsten resource in Europe as supportive of fast-tracking the project toward production.

The most recent analyst rating on (GB:SML) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Strategic Minerals stock, see the GB:SML Stock Forecast page.

Strategic Minerals Leverages Strong Cobre Cash Flow to Accelerate High-Grade Redmoor Project and Monetise Leigh Creek

Strategic Minerals reported a transformational 2025, underpinned by strong production and sales at its Cobre magnetite operation, which delivered its third-highest annual ore sales in 14 years and generated about US$4.23 million in revenue, providing stable cash flow to fund growth. The company advanced its flagship Redmoor tungsten-tin-copper project with high‑grade drilling results, positive metallurgical test work, and progress toward an updated mineral resource estimate in early 2026, reinforcing Redmoor’s status as one of the highest‑grade undeveloped tungsten deposits in Europe. Additional momentum came from a 470% share price rise on AIM, a UK government grant of around £764,000 to accelerate Redmoor toward pre‑feasibility, and renewed investor outreach. Strategic Minerals also moved to monetise its Australian Leigh Creek Copper Mine through a staged A$9 million sale to Cuprum Metals, while ending 2025 with US$0.78 million in cash after substantial investment in its Cornwall exploration programme, signalling a strategic shift toward leveraging Cobre’s cash generation to develop Redmoor into a significant Western supply source for tungsten, tin and copper.

The most recent analyst rating on (GB:SML) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Strategic Minerals stock, see the GB:SML Stock Forecast page.

Strategic Minerals Moves to Sell Leigh Creek Copper Mine as Cuprum Exercises Option

Strategic Minerals has confirmed that Cuprum Metals has exercised its option to acquire the company’s wholly owned Leigh Creek Copper Mine in South Australia, under revised terms that introduce an initial A$150,000 payment due by 24 December 2025 and a further A$1.75 million instalment payable on completion of the definitive sale agreement or by 31 May 2026, whichever is earlier. Both parties signal confidence that the transaction will support a restart of the Leigh Creek operation in 2026 amid favourable copper market fundamentals, while the upfront payment is expected to bolster Strategic Minerals’ cash flow and allow management to focus on unlocking value in its core exploration assets in Cornwall, potentially reshaping the group’s asset mix and capital allocation priorities.

The most recent analyst rating on (GB:SML) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Strategic Minerals stock, see the GB:SML Stock Forecast page.

Strategic Minerals Reports Promising Redmoor Drilling Results

Strategic Minerals plc announced exceptional drillhole assay results from its Redmoor Tungsten-Tin-Copper Project, highlighting high-grade tungsten intersections and significant widths of mineralisation. The results confirm good structural and grade continuity within the Redmoor Sheeted Vein System, which will lead to cost efficiencies in future drilling and potentially enhance the project’s feasibility. The findings also indicate promising copper and tin zones, with elevated silver values, suggesting a robust resource model that could improve the project’s economic viability and attract stakeholder interest.

The most recent analyst rating on (GB:SML) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Strategic Minerals stock, see the GB:SML Stock Forecast page.

Strategic Minerals Expands Share Capital with New Issuance

Strategic Minerals plc has announced the issuance of 20,000,000 new ordinary shares, bringing the total issued share capital to 2,369,297,949 ordinary shares. This update is significant for shareholders as it impacts the calculations for notifying changes in share capital interest under the FCA’s Disclosure and Transparency Rules.

The most recent analyst rating on (GB:SML) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Strategic Minerals stock, see the GB:SML Stock Forecast page.

Strategic Minerals to Participate in London Mining Week 2025

Strategic Minerals plc announced its participation in key industry conferences during London Mining Week 2025, including the Critical Minerals Association’s Annual Conference and Mines and Money @ Resourcing Tomorrow. The company’s involvement in these events underscores its active role in the critical minerals sector, aiming to strengthen its industry positioning and foster collaborations that support sustainable mineral supply chains.

The most recent analyst rating on (GB:SML) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Strategic Minerals stock, see the GB:SML Stock Forecast page.

Strategic Minerals Reports Exceptional Drill Results at Redmoor Project

Strategic Minerals plc announced impressive results from its second drillhole, CRD034b, at the Redmoor Tungsten-Tin-Copper Project. The drillhole revealed very high-grade tungsten intersections and multiple thick zones of mineralization, reinforcing Redmoor’s status as Europe’s highest-grade undeveloped tungsten resource. These results suggest strong potential for resource growth, positioning Redmoor as a critical mineral supply source for the UK. The findings also highlight the project’s potential to attract investment and create high-quality jobs in Cornwall’s critical minerals sector.

The most recent analyst rating on (GB:SML) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Strategic Minerals stock, see the GB:SML Stock Forecast page.

Strategic Minerals PLC Expands Shareholder Base with New Share Issuance

Strategic Minerals PLC announced the exercise of warrants for 20 million new ordinary shares, raising £100,000. The new shares are set to be admitted to trading on AIM, increasing the company’s total voting rights to 2,369,297,949. This move reflects the company’s ongoing efforts to strengthen its financial position and expand its shareholder base, potentially impacting its operational capabilities and market presence.

The most recent analyst rating on (GB:SML) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Strategic Minerals stock, see the GB:SML Stock Forecast page.

Strategic Minerals Advances Redmoor Drilling and Metallurgical Studies

Strategic Minerals plc has announced significant progress in its Redmoor drilling and metallurgical studies. The company completed two additional drill holes, intersecting key portions of the Sheeted Vein System, which are integral to the mining model. The metallurgical studies show promising results with high recovery rates for tungsten, tin, and copper, suggesting potential economic upsides for the project.

The most recent analyst rating on (GB:SML) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Strategic Minerals stock, see the GB:SML Stock Forecast page.

Strategic Minerals Boosts Redmoor Project with High-Grade Tin and Tungsten Findings

Strategic Minerals announced significant updates from its Redmoor project, highlighting high-grade tin assays and new tungsten equivalent calculations that increase the total metal content. The results from drillhole CRD033 underscore the polymetallic nature of the deposit, with meaningful contributions from tin and copper, enhancing the project’s economic potential. The updated mineral resource estimate, expected in Q1 2026, aims to solidify Redmoor’s position as a leading high-grade tungsten project globally, with further assay results anticipated soon.

The most recent analyst rating on (GB:SML) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Strategic Minerals stock, see the GB:SML Stock Forecast page.