Searchlight Resources Inc (SCLT) AI Stock Analysis

• Market Cap: C$5.82M
• Dividend Yield: N/A
• Average Volume (3M): 55.41K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.56
• Revenue Growth: N/A
• EPS Growth: 59.67%
• Country: CA
• Employees: 1
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 43,111,970
• 10 Day Avg. Volume: 27,337
• 30 Day Avg. Volume: 55,414
• PEG Ratio: 0.08
• Price to Book (P/B): 4.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.69
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: C$0.17 ▲(73.00% Upside)

The score is held back primarily by weak financial performance (pre-revenue losses, negative cash flow, and declining equity), partially offset by strong recent technical momentum (price above major moving averages and positive MACD). Valuation is also constrained by the lack of profitability and no dividend support.

Positive Factors

Debt-free Balance Sheet

Having no reported debt materially reduces bankruptcy and interest-rate risk, enhancing financial flexibility. For an exploration company, this durable advantage preserves capacity to raise equity on better terms and prioritize project spending rather than servicing debt.

Improving Cash Burn

A meaningful reduction in operating cash outflows signals better cost control and extends operational runway. Over the next 2-6 months this improvement supports continued exploration activity with lower near-term financing pressure, improving optionality for project advancement.

Narrowing Net Loss Trend

Sequentially smaller annual losses indicate operating improvements and tighter expense discipline. For a pre-revenue explorer this durable trend suggests management can stretch capital further and increases the probability of sustaining programs long enough to realize value from projects.

Negative Factors

Pre-Revenue Business

Remaining pre-revenue means value is contingent on discovery and later commercialization, a long and uncertain pathway. This structural risk limits near-term cash generation, subjects the company to exploration outcomes, and increases dependence on capital markets over months to years.

Material Equity Decline

A shrinking equity base erodes the financial buffer against losses and raises financing urgency. Over a multi-quarter horizon this increases dilution risk, weakens balance-sheet resilience for funding drilling programs, and constrains strategic flexibility in project development.

Persistent Negative Cash Flow

Consistent negative operating and free cash flow necessitate ongoing external funding, making long-term program continuity reliant on capital raises. This structural funding dependence heightens dilution risk and can delay or curtail exploration timelines if markets tighten.

Searchlight Resources Inc Business Overview & Revenue Model

Company Description

Searchlight Resources Inc., an exploration stage company, acquires, explores for, and develops mineral properties in Canada. It explores for copper, lead, cobalt, gold, vanadium, nickel, and uranium deposits, as well as rare earth elements. The company holds interests in the Kulyk Lake rare earth project located to the north La Ronge, Saskatchewan; the Bootleg Lake gold property located near Creighton, Saskatchewan; and the Duddridge Lake property located to the northwest of La Ronge, Saskatchewan. It also holds interests in the Flin Flon North project located in Saskatchewan; the Reef Lake nickel project located in north central Saskatchewan; and the Wapawekka Greenstone project located to western section of Wapawekka Greenstone Belt. In addition, it has an option to acquire a 100% interest in the Robinson Creek gold project located to the west of Creighton, Saskatchewan. The company was formerly known as Canyon Copper Corp. and changed its name to Searchlight Resources Inc. in July 2018. Searchlight Resources Inc. was incorporated in 2000 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Searchlight Resources Inc. generates revenue primarily through the exploration and development of mineral properties with a focus on gold, copper, and vanadium. The company's primary revenue streams include the sale or joint venture of its mineral projects, whereby they partner with or sell to larger mining companies that have the capacity to further develop and produce from these properties. Additionally, Searchlight Resources may raise capital through equity financing, issuing shares to fund exploration activities and project development. Strategic partnerships and joint ventures with other mining companies or investors also play a significant role in providing both financial resources and technical expertise, thereby contributing to the company's earnings.

Searchlight Resources Inc Financial Statement Overview

Summary

Searchlight Resources Inc. is experiencing significant financial difficulties, evidenced by zero revenue and negative profitability. The absence of debt is a positive factor, but the decline in assets and negative cash flows indicate operational and financial challenges.

Income Statement

Searchlight Resources Inc. has reported zero revenue consistently, indicating no sales activity or revenue generation over the periods analyzed. The company faces negative EBIT and net income, suggesting significant operational and net losses, which is a concern for profitability and financial health.

Balance Sheet

The balance sheet shows no debt, which is a positive aspect, reducing financial risk. However, there is a declining trend in stockholders' equity, indicating potential erosion of shareholder value. The equity ratio remains high due to the absence of debt, but the decrease in total assets suggests weakening financial stability.

Cash Flow

The company exhibits negative operating and free cash flows, highlighting challenges in generating cash from operations. There is no consistent growth in free cash flow, with fluctuations suggesting operational inefficiencies. The company's reliance on financing activities in previous years is evident, raising concerns about sustainability.

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	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-495.88K	-458.23K	-1.19M	-1.16M	-1.09M	-1.35M
Net Income	-434.58K	-458.24K	-1.19M	-1.39M	-1.34M	-1.35M
Balance Sheet
Total Assets	966.00K	946.08K	1.16M	2.18M	2.16M	1.90M
Cash, Cash Equivalents and Short-Term Investments	128.29K	113.79K	197.13K	1.31M	1.47M	1.36M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	484.54K	421.36K	173.53K	138.81K	72.33K	21.56K
Stockholders Equity	481.47K	524.72K	982.96K	2.04M	2.09M	1.87M
Cash Flow
Free Cash Flow	-103.38K	-188.09K	-1.33M	-1.22M	-1.17M	-1.29M
Operating Cash Flow	-78.45K	-178.09K	-1.30M	-1.20M	-1.12M	-1.17M
Investing Cash Flow	79.61K	73.69K	25.00K	-16.25K	-50.00K	-125.00K
Financing Cash Flow	0.00	0.00	194.68K	1.08M	1.38M	1.60M

Searchlight Resources Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SCLT, the sentiment is Positive. The current price of 0.1 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.12, and above the 200-day MA of 0.08, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 51.90 is Neutral, neither overbought nor oversold. The STOCH value of 60.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SCLT.

Searchlight Resources Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SCLT	54 Neutral	C$5.82M	-9.12	-62.20%	―	―	59.67%
MEK	46 Neutral	C$6.77M	-8.75	-16.74%	―	―	-122.22%
ORS	44 Neutral	C$6.28M	-9.30	-12.84%	―	―	-255.56%
QMC	44 Neutral	C$7.29M	-30.43	―	―	―	14.29%
CPS	42 Neutral	C$7.41M	-2.14	―	―	―	25.99%
LL	41 Neutral	C$6.35M	-2.36	―	―	―	―

Searchlight Resources Inc Corporate Events

Searchlight Sells Saskatchewan Critical Metals Assets to Refocus on Flagship Gold Projects

Searchlight Resources Inc. has agreed to sell its wholly owned Kulyk Lake and Daly Lake critical metals projects in northern Saskatchewan to private company Monazite Metals Corp. for consideration valued at up to $1.48 million, including $180,000 in cash, 10 million Monazite Metals shares, a 1% net smelter royalty with a $1 million buyout option, and up to $300,000 in additional equity payments tied to drilling milestones. Management says the divestiture will allow Searchlight to concentrate resources on its flagship gold assets near Flin Flon, including a planned 2,000‑metre drill program at the Robinson Creek Gold project, while a concurrent appointment of Jason Powell of 51 Media Ltd. as Manager Corporate Development, with a mandate to boost capital markets visibility, signals a broader strategic push to sharpen the company’s exploration focus and strengthen investor engagement.

Searchlight Resources Commissions Technical Reports for Key Gold Properties

Searchlight Resources Inc. has commissioned Axiom Exploration Group to prepare NI43-101 technical reports for its Bootleg Lake and Robinson Creek Gold properties in Saskatchewan and Manitoba. These reports, expected in early 2026, aim to provide comprehensive assessments and recommendations for future exploration, particularly highlighting the Robinson Creek Project’s potential with an Initial Exploration Target of 77,000 to 154,000 ounces of gold. The initiative could significantly impact Searchlight’s exploration and development strategies, potentially enhancing its market positioning and offering new opportunities for stakeholders.

Searchlight Resources Secures $759,151 in Private Placement for Exploration

Searchlight Resources Inc. has successfully closed a private placement, raising $759,151 through the issuance of 13,802,741 units priced at $0.055 each. The funds will be utilized for exploration expenditures on its mineral properties and general working capital, potentially enhancing the company’s exploration capabilities and market position in the mining industry.

Searchlight Resources Launches $770,000 Private Placement for Exploration Funding

Searchlight Resources Inc. has announced a non-brokered private placement financing, aiming to raise up to $770,000 through the issuance of 14,000,000 units, each consisting of one common share and one full purchase warrant. The proceeds will be used for exploration expenditures on its mineral properties and general working capital, subject to regulatory approvals and a four-month hold period on securities issued.