Searchlight Resources Inc (SCLT) AI Stock Analysis

• Market Cap: C$1.47M
• Dividend Yield: N/A
• Average Volume (3M): 41.76K
• Price to Earnings (P/E): ―
• Beta (1Y): 3.03
• Revenue Growth: N/A
• EPS Growth: 67.59%
• Country: CA
• Employees: 1
• Sector: Energy
• Sector Strength: 47
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 146,566,130
• 10 Day Avg. Volume: 88,400
• 30 Day Avg. Volume: 41,755
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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

Searchlight Resources Inc. faces substantial financial and operational challenges, with no revenue and negative profitability severely impacting its financial health. While the absence of debt and strategic expansion into uranium projects offer some positive aspects, the overall outlook remains cautious. The technical analysis further reflects a lack of bullish momentum, and the negative valuation metrics highlight the company's current struggles. Strategic initiatives in the uranium sector could improve future prospects, but current financials pose significant risks.

Searchlight Resources Inc Business Overview & Revenue Model

Company Description

Searchlight Resources Inc. (SCLT) is a Canadian-based mineral exploration company focused on the acquisition and development of high-quality gold, copper, and vanadium projects. The company operates primarily within the resource-rich regions of Saskatchewan and Ontario, leveraging its expertise in identifying and advancing mineral properties with significant potential. Searchlight Resources is committed to sustainable and responsible exploration practices, aiming to create value for its stakeholders while contributing to the local economies in which it operates.

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. faces substantial financial challenges, with consistent zero revenue and significant operational and net losses. Despite the absence of debt, declining assets and cash flow issues could hinder future growth and operational sustainability.

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
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00
	EBIT
-1.29M	-1.45M	-1.12M	-1.17M	-1.56M
	EBITDA
-1.19M	-1.45M	-1.12M	-1.17M	-140.11K
	Net Income Common Stockholders
-1.19M	-1.39M	-1.34M	-1.35M	-143.09K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
197.13K	1.31M	1.47M	1.36M	1.16M
	Total Assets
1.16M	2.18M	2.16M	1.90M	1.44M
	Total Debt
0.00	0.00	0.00	0.00	97.50K
	Net Debt
-182.93K	-1.27M	-1.40M	-1.20M	-786.22K
	Total Liabilities
173.53K	138.81K	72.33K	21.56K	214.24K
	Stockholders Equity
982.96K	2.04M	2.09M	1.87M	1.23M
Cash Flow		Free Cash Flow
-1.33M	-1.22M	-1.17M	-1.29M	-674.93K
	Operating Cash Flow
-1.30M	-1.20M	-1.12M	-1.17M	-641.93K
	Investing Cash Flow
25.00K	-16.25K	-50.00K	-125.00K	254.93K
	Financing Cash Flow
194.68K	1.08M	1.38M	1.60M	1.25M

Searchlight Resources Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.01
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 66.80 is Neutral, neither overbought nor oversold. The STOCH value of 133.33 is Negative, 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 *	56 Neutral	$6.92B	3.31	-4.49%	6.03%	-0.35%	-47.83%
FNC	54 Neutral	C$18.07M	3.33	10.15%	―	―	―
GSP	49 Neutral	C$33.73M	―	-24.09%	―	―	56.08%
SCLT	37 Underperform	C$1.47M	―	-50.12%	―	―	67.59%
BMK	37 Underperform	C$3.66M	―	25.02%	―	―	84.51%

Searchlight Resources Inc Corporate Events

Searchlight Resources Expands Uranium Portfolio with New Claims in Athabasca Basin

Searchlight Resources Inc. has staked two new mineral claims in the Eastern Athabasca Basin, Northern Saskatchewan, covering 3,902.8 hectares. These claims are strategically located near existing infrastructure and within proximity to historical drill holes with anomalous uranium and rare earth values. This move aligns with Searchlight’s strategy to expand its uranium project portfolio, which includes the Duddridge Lake Uranium Deposit. The company plans to conduct detailed geological evaluations and future exploration on these claims.

Searchlight Resources Expands Uranium Portfolio with New Claims in Saskatchewan

Searchlight Resources Inc. has announced the staking of two mineral claims in the Eastern Wollaston Domain, Northern Saskatchewan, covering 37.3 sq km and hosting multiple uranium showings, including Bonnie Lake. This strategic move adds to Searchlight’s uranium portfolio and positions the company in a prime uranium exploration area under the eastern Athabasca Basin, potentially enhancing its market position in high-grade uranium mining.