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Silver Bullet Mines Corp
(SBMI)
Silver Bullet Mines Corp (SBMI) vs. iShares MSCI Canada ETF (EWC)
Silver Bullet Mines Corp Business Overview & Revenue Model
Silver Bullet Mines Corp Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -3.53M | -133.96K | -138.22K | -136.65K | -47.00K | 0.00 |
| EBITDA | -5.95M | -4.95M | -1.96M | -2.49M | -5.94M | -83.88K |
| Net Income | -6.49M | -5.49M | -2.27M | -2.78M | -6.07M | -1.89M |
Balance Sheet | ||||||
| Total Assets | 4.01M | 3.35M | 3.27M | 3.15M | 3.62M | 5.13M |
| Cash, Cash Equivalents and Short-Term Investments | 645.48K | 239.08K | 103.28K | 7.77K | 284.85K | 3.51M |
| Total Debt | 1.36M | 1.31M | 2.04M | 1.21M | 273.97K | 230.13K |
| Total Liabilities | 3.08M | 3.43M | 3.44M | 1.89M | 537.99K | 599.06K |
| Stockholders Equity | 934.93K | -79.09K | -170.37K | 1.26M | 3.08M | 4.53M |
Cash Flow | ||||||
| Free Cash Flow | -4.55M | -4.08M | -1.35M | -1.94M | -6.06M | -2.30M |
| Operating Cash Flow | -4.47M | -3.97M | -1.35M | -1.85M | -4.11M | -1.27M |
| Investing Cash Flow | -80.54K | -107.85K | -3.25K | -90.14K | -1.87M | -1.10M |
| Financing Cash Flow | 5.22M | 4.28M | 1.55M | 1.71M | 2.80M | 5.87M |
Silver Bullet Mines Corp Technical Analysis
Silver Bullet Mines Corp Peers Comparison
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% | |
52 Neutral | C$36.72M | -4.16 | -9498.89% | ― | ― | -69.10% | |
50 Neutral | C$10.53M | -35.00 | -8.97% | ― | ― | 47.37% | |
48 Neutral | C$75.54M | -15.77 | -41.14% | ― | ― | 42.42% | |
46 Neutral | C$7.58M | -5.23 | -187.07% | ― | ― | -42.86% | |
43 Neutral | C$1.39M | -12.50 | ― | ― | ― | 97.26% |
Silver Bullet Mines Corp Corporate Events
Silver Bullet Mines has identified a new potential high-grade silver-gold zone at its KT Mine in Arizona, where initial in-house assays from 12 samples returned between seven and twenty-seven ounces per ton silver, contrasting with the main KT vein that is primarily gold-rich with silver. The company has traced the newly exposed vein for more than 200 feet at surface, is excavating along strike, and has removed a 200-ton bulk sample for processing at its nearby mill, where concentrate from this zone is expected to be sold to the same buyer that is already receiving KT Mine concentrate. Processing of material from the main KT zone is ongoing, with four concentrate shipments already completed and a fifth imminent, and the company expects higher head grades as underground mining begins; meanwhile, SBMI is awaiting assay results and payment for its first concentrate shipment and is assessing strong fall development results from its Washington Mine in Idaho. The recent exercise of more than 6.6 million warrants at strike prices of $0.16 and $0.17 has bolstered the company’s working capital, supporting continued development, processing expansion and the advancement of new discoveries within its hub-and-spoke operating model.
The most recent analyst rating on (TSE:SBMI) stock is a Hold with a C$0.27 price target. To see the full list of analyst forecasts on Silver Bullet Mines Corp stock, see the TSE:SBMI Stock Forecast page.
Silver Bullet Mines Corp. has signed a one-year, renewable agreement with a major industry client to direct ship up to 12,000 tons of crushed material from its KT Gold and SC Silver mines in Arizona starting in the first quarter of 2026, without impacting existing milling operations. The deal, which uses London precious metals pricing and provides 80% provisional payments shortly after shipment documentation, is expected to create a significant new revenue stream, support expanded recovery of lower-grade ore amid higher metal prices, increase daily volumes while preserving high-grade underground material, and help fund mill throughput expansion and underground development, while the company also reports its fourth batch of concentrate ready for pickup and settles debenture interest through share issuance.
Silver Bullet Mines Corp has announced the successful shipment of its second batch of gold and silver concentrates from the KT Gold Mine in Arizona. The company plans to continue processing material from this mine to maintain a biweekly shipment schedule, highlighting its focus on maximizing the grade of the concentrate to reduce additional costs. Despite positive assay results from the SC Mine, the company will prioritize resources towards the KT Mine due to its perceived higher value. This strategic decision could enhance the company’s operational efficiency and market positioning, potentially benefiting stakeholders by focusing on more lucrative resources.
Silver Bullet Mines Corp. has successfully shipped its first commercial batch of gold and silver concentrate from its KT Mine in Arizona, marking a significant milestone in its operations. The company has also reduced its debt by converting debentures to shares and has gained additional working capital through the exercise of warrants, indicating strong support for its business model. These developments are expected to enhance SBMI’s revenue generation and operational efficiency, positioning it for future growth.