Surge Exploration Inc (TSE:NILI)
:NILI
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NILI Stock Chart & Stats
C$0.64
>-C$0.01(-1.37%)
At close: 4:00 PM EST
C$0.64
>-C$0.01(-1.37%)
Day’s Range― - ―
52-Week RangeC$0.23 - C$1.04
Previous CloseN/A
Volume9.53K
Average Volume (3M)1.53M
Market Cap
C$160.27M
Enterprise ValueC$133.36M
Total Cash (Recent Filing)C$1.21M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta2.56
Next Earnings
May 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding235,686,940
10 Day Avg. Volume3,396,092
30 Day Avg. Volume1,525,691
Financial Highlights & Ratios
PEG Ratio0.54
Price to Book (P/B)5.02
Price to Sales (P/S)0.00
P/FCF Ratio-21.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$1.00Price Target Upside56.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.02
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Zero Debt / Positive EquityA debt-free balance sheet and positive equity materially reduce financial leverage risk for an exploration-stage miner. This gives management flexibility to fund near-term exploration via equity or non-debt financing and lowers bankruptcy risk relative to levered peers, improving survivability through the drill-to-discovery timeframe.
Lithium-focused Exploration ExposureConcentrated exposure to lithium exploration ties the company to a structural industrial-materials trend that can create long-term value if resources are delineated. For an early-stage explorer, successful discoveries in a high-demand commodity sector offer asymmetric upside versus non-specialized peers, supporting strategic relevance.
Cash Burn Improved Vs 2023An improving cash burn trajectory indicates management has begun to curb outflows and manage exploration spending more efficiently. For a non-revenue explorer, any durable reduction in negative operating/free cash flow extends runway, reduces near-term financing need frequency, and modestly increases optionality to advance targets.
Bears Say
No Revenue / Persistent LossesThe company generates no recurring revenue and records persistent operating and net losses, meaning there is no internal earnings engine to fund growth. Over the medium term this forces continual external financing, diluting shareholders and placing emphasis on successful exploration outcomes rather than cash-generating operations.
Consistent Negative Operating And Free Cash FlowSustained negative OCF and FCF signal structural reliance on financing to sustain exploration. Even with improved burn versus prior years, the inability to self-fund activities increases execution risk, raises dilution probability, and constrains the firm’s ability to scale or react to opportunistic development without external capital.
Exploration-stage, No Producing MinesBeing an exploration-stage company means a long, capital-intensive path from discovery to production, with high geological and permitting uncertainty. This inherently low visibility on timing to cash flow and heavy dependence on successful drill results make fundamentals contingent on binary outcomes beyond routine operational control.
Surge Exploration Inc News
NILI FAQ
What was Surge Exploration Inc’s price range in the past 12 months?
Surge Exploration Inc lowest stock price was C$0.23 and its highest was C$1.04 in the past 12 months.
What is Surge Exploration Inc’s market cap?
Surge Exploration Inc’s market cap is C$160.27M.
When is Surge Exploration Inc’s upcoming earnings report date?
Surge Exploration Inc’s upcoming earnings report date is May 28, 2026 which is in 27 days.
How were Surge Exploration Inc’s earnings last quarter?
Currently, no data Available
Is Surge Exploration Inc overvalued?
According to Wall Street analysts Surge Exploration Inc’s price is currently Undervalued.
Does Surge Exploration Inc pay dividends?
Surge Exploration Inc does not currently pay dividends.
What is Surge Exploration Inc’s EPS estimate?
Surge Exploration Inc’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Surge Exploration Inc have?
Surge Exploration Inc has 235,686,940 shares outstanding.
What happened to Surge Exploration Inc’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Surge Exploration Inc?
Currently, no hedge funds are holding shares in TSE:NILI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Surge Exploration Inc Stock Smart Score
Company Description
Surge Exploration Inc
Surge Battery Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in North America. It focuses on gold, copper, lead, zinc, silver, cobalt, nickel, and precious metals. The company has an option to acquire 60% interests in two principal cobalt properties, including the Teledyne Cobalt property and the Glencore Bucke Cobalt property located in Ontario, Canada; and holds interest in the Nevada North lithium project that comprises of 154 mineral claims covering an area of approximately 794 hectares. It also has an option to acquire a 100% interest in the Quatse Lake property comprising four mineral claims covering an area of 1,786 hectares located in British Columbia; a 80% interest in the San Emidio Desert Lithium project comprising 35 mineral claims that covers an area of 2800 acres located to the North East of Reno, Nevada; and a 80% interest in the Nickel project located in British Columbia. The company was formerly known as Copper Creek Gold Corp. and changed its name to Surge Exploration Inc. in April 2018. Surge Battery Metals Inc. was incorporated in 1987 and is headquartered in Vancouver, Canada.
NILI Stock 12 Month Forecast
Average Price Target
C$1.00
▲(56.25% Upside)
Technical Analysis
C3 Metals
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Emerita Resources
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Falco Resources
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Surge Copper Corp
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Group Ten Metals
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Options Prices
Currently, No data available
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