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Minco Silver
(TSX:MSV)
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Rating:60Neutral
Price Target:
C$0.91
▲(72.45% Upside)
Action:Reiterated
Date:07/16/26
The score is driven primarily by a strong, conservatively levered balance sheet, but it is held back by zero revenue, persistent operating losses, and weak cash conversion (negative TTM operating and free cash flow). Technicals are supportive due to strong trend and positive MACD, though overbought signals (high RSI/Stochastic) add near-term risk; valuation appears low on P/E but is less reliable given the operating profile.
Positive Factors
Very low leverage and sizable equity
Extremely low debt-to-equity and meaningful equity capital give the company durable financial flexibility to fund exploration, absorb setbacks, and avoid immediate refinancing or high interest expense. This reduces solvency risk and supports project advancement over the next several months.
Negative Factors
No revenue generation
Absence of operating revenue means the business cannot self-fund exploration or development from sales, forcing reliance on financing or asset sales. Over 2–6 months this structural gap limits internal funding options and heightens execution risk until monetization occurs.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage and sizable equity
Extremely low debt-to-equity and meaningful equity capital give the company durable financial flexibility to fund exploration, absorb setbacks, and avoid immediate refinancing or high interest expense. This reduces solvency risk and supports project advancement over the next several months.
Read all positive factors
Minco Silver (MSV) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$42.52M
Dividend YieldN/A
Average Volume (3M)50.74K
Price to Earnings (P/E)7.6
Beta (1Y)0.38
Revenue GrowthN/A
EPS Growth160.41%
CountryCA
Employees10
SectorBasic Materials
Sector Strength58
IndustrySilver
Share Statistics
EPS (TTM)0.12
Shares Outstanding61,625,084
10 Day Avg. Volume81,323
30 Day Avg. Volume50,741
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.62
Price to Sales (P/S)0.00
P/FCF Ratio19.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Minco Silver Business Overview & Revenue Model
Company Description
Minco Silver Corporation engages in the exploration, evaluation, and development of precious metals and other mineral properties and projects in Canada and China. It primarily explores silver, gold, lead, and zinc deposits. The company’s flagship ...
How the Company Makes Money
null...
Minco Silver Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
86
Very Positive
Cash Flow
45
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -310.87K | -300.81K | -291.36K | -1.10M | -307.00K | -244.00K |
| EBITDA | 3.82M | -2.63M | -4.00M | -2.79M | 4.89M | 473.36K |
| Net Income | 7.36M | 9.87M | -2.05M | -4.02M | 3.14M | -1.54M |
Balance Sheet | ||||||
| Total Assets | 56.09M | 54.31M | 44.79M | 45.71M | 52.49M | 48.79M |
| Cash, Cash Equivalents and Short-Term Investments | 53.85M | 52.68M | 31.80M | 35.57M | 42.49M | 33.14M |
| Total Debt | 1.08M | 264.96K | 1.75M | 759.73K | 994.42K | 739.59K |
| Total Liabilities | 2.61M | 1.73M | 2.29M | 3.38M | 4.31M | 3.61M |
| Stockholders Equity | 54.95M | 54.03M | 43.89M | 43.67M | 49.48M | 46.46M |
Cash Flow | ||||||
| Free Cash Flow | -1.75M | 1.69M | -2.00M | -1.78M | -2.72M | -2.31M |
| Operating Cash Flow | -1.74M | 1.71M | -1.91M | -1.76M | -2.72M | -2.29M |
| Investing Cash Flow | 10.25M | 4.00M | -541.13K | 1.54M | 5.17M | -7.85M |
| Financing Cash Flow | -141.16K | -142.58K | -273.33K | -277.73K | -272.60K | -218.65K |
Minco Silver Technical Analysis
Positive
0.53
Price Trends
0.49
Positive
0.48
Positive
0.45
Positive
Market Momentum
0.06
Negative
84.70
Negative
96.75
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MSV, the sentiment is Positive. The current price of 0.53 is above the 20-day moving average (MA) of 0.52, above the 50-day MA of 0.49, and above the 200-day MA of 0.45, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 84.70 is Negative, neither overbought nor oversold. The STOCH value of 96.75 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MSV.
Minco Silver Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | C$42.52M | 7.55 | 14.13% | ― | ― | 160.41% | |
46 Neutral | C$99.82M | -20.83 | -10.47% | ― | 735.46% | 61.48% | |
44 Neutral | C$4.57M | -6.67 | -5.21% | ― | ― | ― | |
42 Neutral | C$8.40M | -4.84 | -9.29% | ― | ― | 8.15% | |
41 Neutral | C$13.79M | -2.06 | -7.84% | ― | ― | -8.22% |
* Basic Materials Sector Average
TSE:MSV
Minco Silver
0.87
0.56
180.65%
TSE:KS
Klondike Silver
0.17
-0.18
-51.43%
TSE:KUYA
Kuya Silver
0.67
0.18
36.73%
TSE:ZAC
Zacatecas Silver
0.07
<0.01
8.33%
TSE:HAMR
Silver Hammer Mining
0.06
-0.01
-14.29%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.