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Silver Sands Resources (TSE:SAND)
:SAND
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Silver Sands Resources (SAND) AI Stock Analysis

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TSE:SAND

Silver Sands Resources

(OTC:SAND)

Rating:36Underperform
Price Target:
Silver Sands Resources is struggling with significant financial instability and a lack of profitability, reflected in its negative financial performance score. The technical analysis shows some positive momentum, but valuation metrics highlight concerns, especially with the negative P/E ratio. These factors result in a low overall stock score, indicating high risk for investors.

Silver Sands Resources (SAND) vs. iShares MSCI Canada ETF (EWC)

Silver Sands Resources Business Overview & Revenue Model

Company DescriptionSilver Sands Resources Corp. engages in the acquisition and exploration of mineral resource properties in Canada. It holds 100% interest in the Virginia silver project located in Santa Cruz Province of Argentina; and an interest in the Corner Pocket copper-zinc-silver massive sulfide project covering an area of 6,400 hectares located in Newfoundland. The company was formerly known as Golden Opportunity Resources Corp. and changed its name to Silver Sands Resources Corp. in June 2020. Silver Sands Resources Corp. was incorporated in 2018 and is based in Vancouver, Canada.
How the Company Makes MoneySilver Sands Resources generates revenue through the exploration, development, and eventual production of silver and related precious metals. The company's primary revenue streams include the sale of extracted silver to industrial clients, jewelry manufacturers, and investors interested in physical silver. Additionally, Silver Sands Resources may enter into joint ventures or strategic partnerships with other mining companies to share exploration and development costs, thereby enhancing its operational efficiency and potential profitability. The company's earnings are significantly influenced by global silver prices, which fluctuate based on market demand, economic conditions, and geopolitical factors. Furthermore, Silver Sands may leverage financing and equity offerings to fund its exploration and development activities, although these do not directly contribute to revenue but enable future revenue generation.

Silver Sands Resources Financial Statement Overview

Summary
Silver Sands Resources is facing considerable financial difficulties, with consistent losses, negative cash flows, and deteriorating equity. The lack of revenue and profitability, coupled with liquidity issues, poses significant risks to the company's financial stability and growth prospects in the mining industry.
Income Statement
15
Very Negative
Silver Sands Resources has experienced consistent net losses over the years with no revenue generation, indicating significant challenges in profitability and growth. The TTM EBIT and EBITDA margins are negative, reflecting operational inefficiencies.
Balance Sheet
35
Negative
The company's equity has significantly decreased, with a negative stockholders' equity in the latest annual report. The debt-to-equity ratio is not calculable due to zero total debt, but the lack of liabilities doesn't offset the concerns of financial instability marked by diminishing assets.
Cash Flow
20
Very Negative
Negative free cash flow and operating cash flow highlight liquidity issues. Although there is some financing cash flow, it is insufficient to cover the operational cash shortfalls, indicating potential challenges in sustaining operations.
BreakdownMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue0.000.000.000.000.00
Gross Profit0.000.000.000.00
EBITDA-354.42K-465.93K-603.77K-909.83K-1.40M
Net Income-354.42K-1.07M-18.62M-909.83K-2.41M
Balance Sheet
Total Assets73.70K138.16K1.01M5.39M5.53M
Cash, Cash Equivalents and Short-Term Investments54.69K118.81K440.06K261.61K2.30M
Total Debt0.000.000.000.000.00
Total Liabilities105.48K249.51K85.15K29.36K47.81K
Stockholders Equity-31.79K-111.35K924.90K5.36M5.48M
Cash Flow
Free Cash Flow-348.27K-364.05K-1.06M-2.08M-3.31M
Operating Cash Flow-348.27K-364.05K-473.20K-715.93K-962.82K
Investing Cash Flow0.0012.80K-638.28K-1.36M-2.35M
Financing Cash Flow284.15K30.00K1.29M40.53K5.51M

Silver Sands Resources Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.04
Price Trends
50DMA
0.04
Positive
100DMA
0.04
Positive
200DMA
0.04
Positive
Market Momentum
MACD
<0.01
Negative
RSI
61.34
Neutral
STOCH
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SAND, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.04, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.34 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SAND.

Silver Sands Resources Peers Comparison

Overall Rating
UnderperformOutperform
Sector (43)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
43
Neutral
C$927.89M-8.64-0.02%2.70%23.29%-43.30%
39
Underperform
C$2.87M-149.14%66.76%
36
Underperform
$649.83K-501.40%85.07%
34
Underperform
C$5.29M-19.37%-9.59%
27
Underperform
C$2.79M-1126.39%58.92%
C$1.27M
$155.27K
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:SAND
Silver Sands Resources
0.05
-0.03
-35.71%
TSE:MASS
Masivo Silver Corp.
0.08
0.00
0.00%
TSE:SWLF
Silver Wolf Exploration
0.10
-0.04
-28.57%
TSE:LTHM
Idaho Champion Gold Mines Canada Inc
0.01
-0.02
-66.67%
TSE:MMN
Monarca Minerals
0.01
0.00
0.00%
FBSGF
Fabled Silver Gold
0.10
0.00
0.00%
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.Date of analysis: Feb 26, 2025