79 Resources Ltd (SK) AI Stock Analysis

• Market Cap: C$2.18M
• Dividend Yield: N/A
• Average Volume (3M): 1.73K
• Price to Earnings (P/E): ―
• Beta (1Y): -2.19
• Revenue Growth: N/A
• EPS Growth: 30.77%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Mining
• EPS (TTM): -0.03
• Shares Outstanding: 27,236,400
• 10 Day Avg. Volume: 100
• 30 Day Avg. Volume: 1,733
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -10.60
• 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

The overall stock score of 40 reflects significant financial challenges faced by 79 Resources Ltd, with no revenue generation and persistent losses. Technical indicators are weak, and valuation is unattractive due to the negative P/E ratio and absence of dividends. The company needs to address operational inefficiencies and generate income to improve its financial outlook.

79 Resources Ltd Business Overview & Revenue Model

Company Description

79 Resources Ltd (SK) is a natural resources company based in Saskatchewan, Canada. The company focuses on the exploration and development of mineral properties, primarily targeting precious metals such as gold and silver. By leveraging its expertise in geological exploration and mineral extraction, 79 Resources Ltd aims to discover and develop high-quality mineral assets that can be efficiently and sustainably mined.

How the Company Makes Money

79 Resources Ltd generates revenue primarily through the exploration and development of mineral properties. The company identifies potential mining sites, conducts geological surveys, and drills exploratory wells to assess the commercial viability of these sites. Once viable resources are identified, 79 Resources Ltd engages in the extraction and sale of these minerals, which constitutes its main revenue stream. The company may also form strategic partnerships or joint ventures with other mining companies to share resources and expertise, potentially leading to additional revenue through shared profits or royalties. Furthermore, fluctuations in commodity prices, operational efficiencies, and successful expansion of its mineral portfolio are significant factors influencing the company's earnings.

79 Resources Ltd Financial Statement Overview

Summary

79 Resources Ltd faces significant financial challenges, with no revenue and ongoing losses, impacting its financial health. Despite a solid equity base with no debt, negative cash flows and the absence of operational income raise concerns about long-term sustainability.

Income Statement

The company has consistently reported zero revenue across all periods, indicating a lack of operational income. The EBIT and Net Income are negative, reflecting ongoing losses. There is no visible trend of improvement in profitability margins due to the absence of revenue.

Balance Sheet

The company has a strong equity position with no debt, as indicated by a Debt-to-Equity Ratio of 0. The Equity Ratio is healthy, showing that the majority of the company's assets are financed by equity. However, persistent losses may erode equity over time if not addressed.

Cash Flow

The company has negative Free Cash Flow, though with some improvement in the most recent TTM period. The Operating Cash Flow to Net Income Ratio is not favorable due to losses. Cash flow from operations is consistently negative, indicating the company is not generating sufficient cash from its core activities.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
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
	EBIT
-88.41K	―	-207.96K	-75.70K	-253.62K	-57.48K
	EBITDA
-65.01K	-162.03K	-207.96K	-2.56M	-253.62K	-57.48K
	Net Income Common Stockholders
-113.75K	―	-207.96K	-2.56M	-253.62K	-57.76K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.12K	23.57K	71.21K	228.59K	143.60K	65.04K
	Total Assets
551.48K	568.73K	668.92K	779.57K	300.68K	201.94K
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-5.12K	-23.57K	-71.21K	-228.59K	-143.60K	-65.04K
	Total Liabilities
20.65K	15.53K	13.95K	19.69K	27.01K	74.94K
	Stockholders Equity
530.83K	553.19K	654.98K	759.89K	273.66K	126.99K
Cash Flow		Free Cash Flow
-96.88K	-97.39K	-157.37K	-620.99K	-256.55K	-125.71K
	Operating Cash Flow
-96.75K	-97.39K	-77.89K	-107.58K	-246.55K	-38.62K
	Investing Cash Flow
-163.34K	49.75K	-79.48K	-261.42K	-54.64K	-87.09K
	Financing Cash Flow
330.00K	0.00	0.00	597.58K	379.75K	190.75K

79 Resources Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.08
• 50DMA: Negative
• 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:SK, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.11, and above the 200-day MA of 0.08, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.25 is Neutral, neither overbought nor oversold. The STOCH value of 0.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SK.

79 Resources Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	81 Outperform	C$3.06B	19.77	26.82%	―	77.93%	236.93%
ORE	74 Outperform	C$642.32M	6.69	27.12%	―	6.15%	10.69%
BAM	69 Neutral	C$120.26B	41.11	20.07%	3.02%	27.17%	16.13%
Sector *	49 Neutral	$1.95B	-1.50	-22.00%	3.79%	0.66%	-27.40%
CD	46 Neutral	C$22.91M	―	-244.66%	―	―	-28.45%
SK	40 Underperform	C$2.18M	―	-184.81%	―	―	30.77%

79 Resources Ltd Corporate Events

Leadership Change at Rottenstone Gold Inc. as Company Focuses on Key Projects

Rottenstone Gold Inc. announced a leadership change with Ryan Kalt, the corporation’s chairman and majority shareholder, stepping in as CEO following the resignation of Jordan Harris. This shift comes as the company aims to advance its key projects, including the Rottenstone Project in Saskatchewan and the Five Point Project in British Columbia, reflecting a strategic focus on enhancing its exploration efforts and potentially strengthening its position within the mining industry.

Rottenstone Gold Inc. Announces Non-Brokered Financing Initiative

Rottenstone Gold Inc. has announced a non-brokered financing initiative involving up to 1,000,000 common share units priced at $0.055 per unit. Each unit includes one common share and a warrant allowing the purchase of an additional share at $0.07 within 36 months. The proceeds will be used for near-term working capital, and the financing is subject to regulatory approvals and legal holding periods. This strategic move could bolster the company’s financial resources, potentially enhancing its mining projects and stakeholder value.