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Silver Bullet Mines Corp (TSE:SBMI)
:SBMI
Canadian Market

Silver Bullet Mines Corp (SBMI) AI Stock Analysis

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Silver Bullet Mines Corp

(SBMI)

Rating:34Underperform
Price Target:
Silver Bullet Mines Corp's overall stock score is heavily impacted by its financial instability, marked by persistent losses and high leverage. While recent corporate developments and technical indicators offer some positive aspects, the company's negative valuation metrics and financial health present significant risks.

Silver Bullet Mines Corp (SBMI) vs. iShares MSCI Canada ETF (EWC)

Silver Bullet Mines Corp Business Overview & Revenue Model

Company DescriptionSilver Bullet Mines Corp (SBMI) is a mining company focused on the exploration and development of mineral properties with a primary emphasis on silver mining. The company is headquartered in Canada and operates in the mining and metals sector, aiming to identify and extract high-grade silver deposits. Silver Bullet Mines is committed to leveraging advanced mining techniques and sustainable practices to maximize resource extraction and profitability.
How the Company Makes MoneySilver Bullet Mines Corp generates revenue primarily through the extraction and sale of silver and other by-products obtained from its mining operations. The company engages in the exploration and development of mineral-rich properties, investing in technologies and methodologies to efficiently mine and process silver ore. Revenue streams include selling extracted silver to refineries and metal traders, who then distribute the silver for industrial, commercial, and investment purposes. The company's earnings are influenced by the global silver market prices, operational efficiencies, and partnerships with local and international mining entities that may provide access to new mining sites or advanced mining technologies.

Silver Bullet Mines Corp Financial Statement Overview

Summary
Silver Bullet Mines Corp faces severe financial challenges, with persistent net losses and negative profit margins. The balance sheet shows high leverage risks, and cash flow analysis highlights negative free cash flow growth, indicating financial instability.
Income Statement
10
Very Negative
Silver Bullet Mines Corp has shown significant financial challenges with consistent net losses and negative EBIT and EBITDA margins. The TTM data shows a gross profit margin of -382.13%, indicating cost inefficiencies. The net profit margin is -837.32%, reflecting substantial losses relative to revenue. Revenue growth is not applicable as the company has only recently started generating revenue.
Balance Sheet
15
Very Negative
The company's balance sheet shows considerable financial stress. The debt-to-equity ratio is negative due to negative equity, highlighting high leverage risks. The equity ratio is also negative, indicating that liabilities exceed assets. Return on equity is negative due to persistent losses, indicating poor returns for shareholders.
Cash Flow
20
Very Negative
Cash flow analysis reveals negative free cash flow growth and poor cash flow ratios. The operating cash flow to net income ratio is positive, but primarily due to negative net income, underscoring cash flow challenges. The free cash flow to net income ratio is similarly affected, indicating cash flow difficulties despite financing activities.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Dec 2018
Income StatementTotal Revenue
445.25K0.000.000.000.000.00
Gross Profit
-1.70M-138.22K-136.65K-47.00K0.000.00
EBIT
-2.68M-2.08M-2.63M-6.05M-1.50M-34.50K
EBITDA
-3.29M-1.96M-2.49M-5.94M-83.88K-45.71K
Net Income Common Stockholders
-3.73M-2.27M-2.78M-6.07M-1.89M-45.71K
Balance SheetCash, Cash Equivalents and Short-Term Investments
13.37K103.28K7.77K284.85K3.51M88.79K
Total Assets
3.41M3.27M3.15M3.62M5.13M105.74K
Total Debt
887.06K2.04M1.21M273.97K230.13K0.00
Net Debt
873.69K1.94M1.20M-10.88K-3.28M-88.79K
Total Liabilities
1.38M3.44M1.89M537.99K599.06K51.45K
Stockholders Equity
2.03M-170.37K1.26M3.08M4.53M54.29K
Cash FlowFree Cash Flow
-2.54M-1.35M-1.94M-6.06M-2.30M-11.21K
Operating Cash Flow
-2.46M-1.35M-1.85M-4.11M-1.27M-11.21K
Investing Cash Flow
-77.48K-3.25K-90.14K-1.87M-1.10M0.00
Financing Cash Flow
2.76M1.55M1.71M2.80M5.87M100.00K

Silver Bullet Mines Corp Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.16
Price Trends
50DMA
0.16
Negative
100DMA
0.16
Negative
200DMA
0.14
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
50.12
Neutral
STOCH
76.19
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SBMI, the sentiment is Positive. The current price of 0.16 is above the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.16, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.12 is Neutral, neither overbought nor oversold. The STOCH value of 76.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SBMI.

Silver Bullet Mines Corp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSKNT
77
Outperform
C$3.78B14.9639.28%105.06%481.75%
TSEDR
61
Neutral
$1.98B-14.41%4.45%-3193.40%
TSUSA
56
Neutral
$711.07M-95.94%23.63%22.43%
51
Neutral
$2.04B-1.15-21.24%3.95%2.91%-30.44%
34
Underperform
C$15.24M-1611.69%-64.17%
TSBHS
34
Underperform
C$14.00M-9999.00%-79.49%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:SBMI
Silver Bullet Mines Corp
0.16
0.07
77.78%
TSE:USA
Americas Gold and Silver
1.08
0.69
173.42%
TSE:EDR
Endeavour Silver
6.80
1.89
38.49%
TSE:BHS
Bayhorse Silver
0.04
-0.03
-42.86%
TSE:KNT
K92 Mining
15.38
7.73
101.05%

Silver Bullet Mines Corp Corporate Events

Executive/Board ChangesPrivate Placements and FinancingBusiness Operations and Strategy
Silver Bullet Mines Advances Washington Mine Development with Promising Assays
Positive
May 1, 2025

Silver Bullet Mines Corp. has completed the first phase of development at the Washington Mine in Idaho, revealing promising gold and silver targets. The company has advanced its infrastructure, intercepted historical mineral veins, and identified significant mineralization, positioning itself to commence mining high-grade materials. Additionally, the company announced a debenture financing arrangement and a board member resignation, with plans to appoint a new director.

Spark’s Take on TSE:SBMI Stock

According to Spark, TipRanks’ AI Analyst, TSE:SBMI is a Underperform.

Silver Bullet Mines Corp’s overall stock score is significantly impacted by its financial instability, marked by persistent losses and high leverage. Despite positive corporate events and some technical trends, the negative P/E ratio and lack of dividends present major valuation challenges. The financial health remains a critical risk factor.

To see Spark’s full report on TSE:SBMI stock, click here.

Executive/Board ChangesBusiness Operations and Strategy
Silver Bullet Mines Advances Washington Mine Development with Promising Gold Assays
Positive
May 1, 2025

Silver Bullet Mines Corp has completed the first phase of development at the Washington Mine in Idaho, advancing a main haulage tunnel and setting up drill stations to further explore gold and silver zones. The company has identified significant mineralization, including a high-grade gold assay of 30.1 ppm, and plans to commence mining and stockpiling material. Additionally, SBMI has opted to pay interest on a debenture in shares and announced the resignation of a board member, with plans to appoint a replacement.

Spark’s Take on TSE:SBMI Stock

According to Spark, TipRanks’ AI Analyst, TSE:SBMI is a Underperform.

Silver Bullet Mines Corp’s overall stock score is significantly impacted by its financial instability, marked by persistent losses and high leverage. Despite positive corporate events and some technical trends, the negative P/E ratio and lack of dividends present major valuation challenges. The financial health remains a critical risk factor.

To see Spark’s full report on TSE:SBMI stock, click here.

Product-Related AnnouncementsBusiness Operations and Strategy
Silver Bullet Mines Signs First Sale Agreement and Reports High-Grade Silver Assays
Positive
Apr 15, 2025

Silver Bullet Mines Corp. has signed its first open purchase agreement for the sale of its gold and silver concentrate, marking a significant step in its commercial operations. The company has reported high-grade silver assays from its Super Champ Mine, supporting its decision to expand mining operations and increase output, which may enhance its market position and stakeholder value.

Spark’s Take on TSE:SBMI Stock

According to Spark, TipRanks’ AI Analyst, TSE:SBMI is a Neutral.

Silver Bullet Mines Corp is facing severe financial challenges, including persistent losses and high leverage, which significantly impact its overall stock score. Despite positive technical trends and recent corporate developments that suggest potential operational improvements, the company’s negative P/E ratio and lack of dividend yield present valuation challenges. The positive corporate events provide some optimism, but the financial instability remains a key risk.

To see Spark’s full report on TSE:SBMI stock, click here.

Product-Related AnnouncementsBusiness Operations and Strategy
Silver Bullet Mines Boosts Silver Concentrate Grade by 12%
Positive
Mar 20, 2025

Silver Bullet Mines Corp has successfully increased the concentrate grade of its Super Champ material to 530 ounces per ton of silver, marking a 12% improvement over previous production runs. This enhancement is attributed to improved mill efficiencies and higher head grade, potentially boosting the company’s operational capacity and reducing production risks. The company has also made its first sale of concentrate, with the buyer reporting successful recovery of silver and gold, indicating positive implications for future sales and stakeholder confidence.

Business Operations and Strategy
Silver Bullet Mines Corp Grants Options to Consultant
Neutral
Mar 12, 2025

Silver Bullet Mines Corp has announced the granting of one million options to a consultant, with an exercise price of twenty cents, immediate vesting, and a term of four weeks. This move could potentially impact the company’s operational strategy by aligning consultant interests with company performance, possibly influencing its market positioning and stakeholder relations.

Business Operations and Strategy
Silver Bullet Mines Reports Promising Progress at Super Champ Mine
Positive
Mar 9, 2025

Silver Bullet Mines Corp has reported significant progress at its Super Champ Mine in Arizona, highlighting the potential for substantial gold and silver production. The company has successfully delineated a vein over 1500 feet and cleared most of the overburden, with samples showing high silver content, indicating promising prospects for future operations.

Business Operations and Strategy
Silver Bullet Mines Uncovers High-Grade Silver Zone at Idaho Mine
Positive
Mar 4, 2025

Silver Bullet Mines Corp. has successfully accessed a high-grade silver vein at its Washington Mine in Idaho, which is estimated to contain 3 million ounces of silver and 15,000 ounces of gold. This development is expected to enhance the company’s operational capabilities and strengthen its position in the precious metals market, potentially benefiting stakeholders through increased resource extraction and production efficiency.

Product-Related AnnouncementsBusiness Operations and Strategy
Silver Bullet Mines Corp. Achieves Milestone with First Silver Concentrate Shipment
Positive
Mar 2, 2025

Silver Bullet Mines Corp. has successfully shipped its first order of silver concentrate from its operations in Arizona and has achieved its targeted production rate at its Globe, Arizona mill. This milestone marks the beginning of revenue generation for the company, with expectations of increased silver grades in future shipments as higher grade material is processed. The company has also invested in a larger excavator to enhance its production capabilities, indicating a commitment to sustaining and potentially increasing its output.

Private Placements and FinancingBusiness Operations and Strategy
Silver Bullet Mines Corp Secures Oversubscribed Financing for Mine Development
Positive
Feb 18, 2025

Silver Bullet Mines Corp has successfully closed an oversubscribed financing round, raising a total of $2,586,020, which exceeded expectations by $1,086,020. These funds are earmarked for accelerated development programs at the Super Champ Mine in Arizona and the Washington Mine in Idaho, supporting the company’s operational growth and enhancing its industry positioning.

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.