Minco Silver (MSV) AI Stock Analysis

• Market Cap: C$12.82M
• Dividend Yield: N/A
• Average Volume (3M): 35.52K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.02
• Revenue Growth: N/A
• EPS Growth: 85.98%
• Country: CA
• Employees: 10
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Mining
• EPS (TTM): >-0.01
• Shares Outstanding: 61,025,080
• 10 Day Avg. Volume: 49,225
• 30 Day Avg. Volume: 35,517
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 760.28
• Price to Cash Flow (P/CF): -8.00
• 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

Minco Silver's overall stock score is driven by significant financial challenges, including a lack of revenue and profitability, as well as negative cash flows. While the technical analysis shows some positive momentum, the valuation remains poor due to the absence of earnings and dividends. The company's strong equity base is a positive factor, but it is overshadowed by the broader financial instability.

Minco Silver Business Overview & Revenue Model

Company Description

Minco Silver Corporation (MSV) is a Canadian mining company focused on the exploration, development, and production of silver-rich mineral properties. The company primarily operates in the mining sector, with a core emphasis on silver extraction and production. Minco Silver's flagship asset is the Fuwan Silver Project, located in China, which positions the company within one of the world's most significant silver-producing regions.

How the Company Makes Money

Minco Silver makes money through the extraction and sale of silver from its mining operations. The company's primary revenue stream is derived from the sale of silver extracted from its Fuwan Silver Project. Revenue is generated by selling the extracted silver to various purchasers, including industrial manufacturers and investors looking for precious metal commodities. Additionally, Minco Silver may engage in partnerships or joint ventures with other mining companies to enhance its production capabilities and access new markets, thereby potentially increasing its revenue base.

Minco Silver Financial Statement Overview

Summary

Overall, Minco Silver exhibits financial distress with persistent operational and cash flow challenges. Despite a strong equity base, the absence of revenue and profitability, combined with negative cash flows, presents significant financial risks. The company's financial health is precarious, requiring strategic interventions to improve performance.

Income Statement

Minco Silver's income statement reflects a challenging financial environment. The company has consistently reported zero revenue, resulting in negative gross profit and net income. The negative EBIT and EBITDA margins indicate ongoing operational and profitability challenges. Lack of revenue growth and persistent losses highlight significant financial instability and risk.

Balance Sheet

The balance sheet shows a relatively strong equity position with a high equity ratio, indicative of low leverage. The debt-to-equity ratio is low, reflecting conservative financial leverage. However, the company has experienced declining total assets and stockholders' equity over recent periods, which may impact future financial stability.

Cash Flow

The cash flow statement reveals negative operating and free cash flows, indicating cash flow challenges. The free cash flow growth has been negative, which could impose liquidity constraints. The operating cash flow to net income ratio is negative, further underscoring the company's cash flow difficulties.

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
-310.47K	-1.10M	-307.27K	-244.40K	-194.79K	-215.85K
	EBIT
-2.27M	-2.57M	-1.64M	-1.39M	-1.13M	35.32K
	EBITDA
-1.79M	-2.79M	4.89M	473.36K	-959.72K	-60.04M
	Net Income Common Stockholders
-371.36K	-4.02M	3.14M	-1.57M	-1.21M	-60.55M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
32.53M	35.57M	42.49M	33.14M	32.87M	31.49M
	Total Assets
43.28M	45.71M	52.49M	48.79M	47.15M	46.32M
	Total Debt
707.35K	759.73K	994.42K	739.59K	185.74K	366.58K
	Net Debt
-6.72M	-7.00M	-6.54M	-4.28M	-15.25M	-12.28M
	Total Liabilities
3.32M	3.38M	4.31M	3.61M	1.38M	1.28M
	Stockholders Equity
41.31M	43.67M	49.48M	46.46M	47.02M	46.21M
Cash Flow		Free Cash Flow
-1.17M	-1.39M	-2.72M	-2.31M	-2.53M	-1.65M
	Operating Cash Flow
-1.08M	-1.37M	-2.72M	-2.29M	-2.12M	-1.14M
	Investing Cash Flow
89.60K	1.54M	5.17M	-7.85M	4.78M	7.89M
	Financing Cash Flow
-273.34K	-277.73K	-272.60K	-218.65K	-104.15K	-84.16K

Minco Silver Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.20
• 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 TSE:MSV, the sentiment is Neutral. The current price of 0.2 is below the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.20, and above the 200-day MA of 0.19, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 48.54 is Neutral, neither overbought nor oversold. The STOCH value of 55.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:MSV.

Minco Silver Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SVM	77 Outperform	$1.22B	11.25	11.68%	0.66%	31.23%	110.49%
FVI	71 Outperform	C$2.25B	13.48	9.74%	―	40.02%	―
EDR	60 Neutral	$1.60B	―	-7.77%	―	-4.65%	-304.16%
MAG	51 Neutral	$2.27B	22.99	14.03%	―	―	134.17%
MSV	50 Neutral	C$12.82M	―	-0.91%	―	―	85.98%
Sector *	47 Neutral	$2.64B	-3.82	-29.05%	3.32%	2.72%	-29.50%
USA	44 Neutral	C$422.06M	―	-87.37%	―	15.71%	-4.75%