Breakdown | |||||
TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
-1.68K | -2.08K | -1.19K | -15.20K | -30.80K | -31.00K | EBIT |
-1.70M | -3.42M | -4.09M | -2.81M | -2.26M | -946.45K | EBITDA |
-4.71M | -3.16M | -3.91M | -2.71M | -2.08M | -839.58K | Net Income Common Stockholders |
-3.91M | -3.16M | -3.68M | -2.72M | -2.98M | -370.89K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
9.22M | 9.22M | 29.80M | 33.62M | 25.94M | 89.44K | Total Assets |
84.29M | 84.29M | 86.96M | 72.93M | 51.45M | 19.23M | Total Debt |
0.00 | 0.00 | 0.00 | 0.00 | 40.91K | 47.00K | Net Debt |
-9.22M | -9.22M | -29.80M | -33.62M | -25.90M | -42.44K | Total Liabilities |
1.51M | 1.51M | 2.84M | 3.81M | 2.14M | 2.87M | Stockholders Equity |
82.78M | 82.78M | 84.12M | 69.12M | 49.31M | 16.36M |
Cash Flow | Free Cash Flow | ||||
-7.84M | -20.67M | -2.59M | -14.14M | -8.23M | -1.02M | Operating Cash Flow |
-2.66M | -1.60M | -2.08M | -1.71M | -1.68M | -290.63K | Investing Cash Flow |
-7.06M | -19.07M | -18.39M | -12.43M | -6.55M | -734.32K | Financing Cash Flow |
0.00 | 85.00K | 16.66M | 21.82M | 34.07M | 1.09M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
74 Outperform | $393.21M | 33.57 | 7.00% | ― | 58.34% | 1262.30% | |
48 Neutral | $1.92B | -1.99 | -22.85% | 3.95% | 0.94% | -27.31% | |
44 Neutral | $533.37M | ― | -84.12% | ― | 12.93% | -5.87% | |
43 Neutral | C$114.99M | ― | -4.77% | ― | ― | -18.89% | |
42 Neutral | C$47.01M | ― | -16.38% | ― | 36.99% | -153.27% | |
23 Underperform | C$16.86M | ― | -4989.61% | ― | ― | -150.85% |
Silver Tiger Metals Inc. has successfully closed a $15 million bought deal financing, selling 45,455,000 common shares at C$0.33 each. The proceeds will be used for exploration and development at the El Tigre Project in Mexico, as well as for working capital and general corporate purposes. This financing supports the company’s ongoing efforts to develop the El Tigre Project, which includes plans for both open pit and underground mining operations. The project has shown promising economic potential with a projected 10-year mine life and significant after-tax cash flow, positioning Silver Tiger as a competitive player in the mining industry.
Spark’s Take on TSE:SLVR Stock
According to Spark, TipRanks’ AI Analyst, TSE:SLVR is a Neutral.
Silver Tiger Metals’ overall score is impacted by significant financial challenges and a negative valuation. However, the recent financing and positive developments in the El Tigre Project provide potential for future growth. The technical analysis remains neutral, and the absence of earnings call data limits further evaluation.
To see Spark’s full report on TSE:SLVR stock, click here.
Silver Tiger Metals has filed a final short form prospectus for a public offering of common shares, aiming to raise gross proceeds of $15,000,150, with an option to increase this to $17,250,172.50 if the over-allotment option is fully exercised. The offering, conducted through a syndicate of underwriters, is expected to close around April 14, 2025, and has received conditional approval from the TSX Venture Exchange. This move is part of Silver Tiger’s broader strategy to fund its mining operations in Mexico, particularly the El Tigre Project, which has shown promising economic prospects with a projected after-tax NPV of US$222 million and a 10-year mine life.
Silver Tiger Metals Inc. has announced a bought deal financing agreement with Stifel Canada and Desjardins Capital Markets to raise approximately C$15 million through the sale of 45,455,000 common shares at C$0.33 each. The proceeds will be used for exploration and development at the El Tigre Project in Mexico, as well as for working capital and general corporate purposes. This financing move is expected to bolster the company’s operational capabilities and enhance its market positioning within the mining industry.
Silver Tiger Metals Inc. has announced promising assay results from its ongoing underground drilling program at the El Tigre Project in Sonora, Mexico. The results highlight significant mineralization with high-grade silver equivalent findings, particularly in the Sulfide Zone, indicating potential for extensive resource development and enhanced stakeholder value.