79 Resources Ltd (SK) AI Stock Analysis

• Market Cap: C$4.53M
• Dividend Yield: N/A
• Average Volume (3M): 6.14K
• Price to Earnings (P/E): ―
• Beta (1Y): -2.87
• Revenue Growth: N/A
• EPS Growth: -398.15%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Mining
• EPS (TTM): >-0.01
• Shares Outstanding: 29,236,400
• 10 Day Avg. Volume: 1,850
• 30 Day Avg. Volume: 6,139
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: ―

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.

Positive Factors

Debt-Free Balance Sheet

A debt-free balance sheet provides financial flexibility and reduces risk, allowing the company to invest in growth opportunities without the burden of interest payments.

Strategic Partnerships

Strategic partnerships can enhance resource access and operational efficiency, potentially leading to increased revenue through shared profits and expanded market reach.

Focus on Precious Metals

Targeting precious metals positions the company to benefit from long-term demand and price stability, supporting sustainable revenue growth and profitability.

Negative Factors

No Revenue Generation

The absence of revenue generation highlights operational challenges and raises concerns about the company's ability to achieve profitability and sustain its business model.

Negative Cash Flow

Persistent negative cash flow suggests operational inefficiencies and limits the company's ability to invest in growth initiatives or weather financial downturns.

Ongoing Losses

Continued losses erode equity and can jeopardize the company's financial health, necessitating strategic changes to achieve profitability and long-term viability.

79 Resources Ltd Business Overview & Revenue Model

Company Description

79 Resources Ltd is engaged in the business of acquiring and exploring mineral resource properties. The company is focused on the Louise Lake Property, located in Northern British Columbia, approximately 35 km west of the town of Smithers in the Omineca Mining Division.

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
EBITDA	-65.01K	-162.03K	-207.96K	-2.56M	-253.62K	-57.48K
Net Income	-113.75K	―	-207.96K	-2.56M	-253.62K	-57.76K
Balance Sheet
Total Assets	821.18K	568.73K	668.92K	779.57K	300.68K	201.94K
Cash, Cash Equivalents and Short-Term Investments	116.89K	23.57K	71.21K	228.59K	143.60K	65.04K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	17.16K	15.53K	13.95K	19.69K	27.01K	74.94K
Stockholders Equity	804.02K	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: Negative
• Last Price: 0.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SK, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.16, below the 50-day MA of 0.17, and below the 200-day MA of 0.18, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 23.01 is Positive, neither overbought nor oversold. The STOCH value of 0.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SK.

79 Resources Ltd 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%
SK	40 Underperform	C$4.53M	-5.76	-154.51%	―	―	-398.15%

79 Resources Ltd Corporate Events

Rottenstone Gold Inc. Expands with Strategic Royalty Acquisition

Rottenstone Gold Inc. has announced a strategic shift with the acquisition of multiple royalty interests from non-arm’s-length parties, positioning itself as a significant player in the silver royalties market. This acquisition involves projects operated by prominent mining companies and is set to be completed on an all-stock basis, pending various approvals. The move is expected to enhance Rottenstone’s market positioning and operational scope, with implications for shareholders and industry stakeholders as the company expands its portfolio in the mining sector.