Sierra Madre Gold & Silver Ltd. (TSE:SM)
:SM
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Sierra Madre Gold & Silver Ltd.
(SM)
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Rating:61Neutral
Price Target:
C$2.50
▲(22.55% Upside)
Action:UpgradedDate:01/27/26
The score is driven by improving financial performance (turnaround to positive profitability and a relatively solid balance sheet) and strong technical momentum. These positives are materially offset by valuation risk from an extremely high P/E and the remaining weakness in free cash flow.
Positive Factors
Revenue and margin improvement
Sierra Madre’s TTM results show a clear operating turnaround with meaningful revenue growth and positive margins across gross and EBITDA lines. Durable revenue expansion and improved operating margins support longer-term project advancement and financing optionality as the company moves toward development.
Negative Factors
Negative free cash flow
Negative free cash flow despite operating improvements signals ongoing capex or working-capital demands, which can pressure liquidity and require external funding. Persistently negative FCF undermines the company’s ability to self-fund project advancement and increases financing and dilution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and margin improvement
Sierra Madre’s TTM results show a clear operating turnaround with meaningful revenue growth and positive margins across gross and EBITDA lines. Durable revenue expansion and improved operating margins support longer-term project advancement and financing optionality as the company moves toward development.
Read all positive factors
Sierra Madre Gold & Silver Ltd. (SM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$355.60M
Dividend YieldN/A
Average Volume (3M)406.41K
Price to Earnings (P/E)597.1
Beta (1Y)2.38
Revenue Growth694.29%
EPS GrowthN/A
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)0.00
Shares Outstanding196,464,570
10 Day Avg. Volume526,510
30 Day Avg. Volume406,407
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)2.00
Price to Sales (P/S)11.06
P/FCF Ratio-13.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.17
Revenue Forecast (FY)C$87.58M
Sierra Madre Gold & Silver Ltd. Business Overview & Revenue Model
Company Description
Sierra Madre Gold and Silver Ltd., a mineral exploration company, engages in the acquisition, exploration, and development of resource properties. It holds an interest in the Tepic silver-gold property comprising five mining concessions covering a...
How the Company Makes Money
Sierra Madre Gold & Silver Ltd. generates revenue primarily through the exploration, development, and eventual production of precious metals such as gold and silver from its mining operations. The company's revenue model involves identifying and a...
Sierra Madre Gold & Silver Ltd. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
78
Positive
Cash Flow
45
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 19.66M | 6.47M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 5.34M | 1.36M | -17.72K | -12.95K | -2.30K | 0.00 |
| EBITDA | 3.88M | -3.34M | -53.51M | -4.48M | -7.11M | -1.08M |
| Net Income | 641.94K | -5.58M | -40.00M | -2.56M | -7.11M | -1.20M |
Balance Sheet | ||||||
| Total Assets | 51.68M | 50.18M | 30.48M | 28.11M | 10.93M | 15.80M |
| Cash, Cash Equivalents and Short-Term Investments | 11.56M | 650.18K | 1.93M | 88.24K | 10.21M | 15.28M |
| Total Debt | 5.38M | 7.74M | 15.26K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 12.17M | 14.29M | 3.78M | 12.42M | 141.87K | 524.07K |
| Stockholders Equity | 39.50M | 35.89M | 26.70M | 15.68M | 10.79M | 15.27M |
Cash Flow | ||||||
| Free Cash Flow | -359.14K | -5.50M | -7.24M | -2.07M | -4.71M | -1.33M |
| Operating Cash Flow | 1.37M | -3.73M | -5.34M | -2.01M | -4.70M | -1.33M |
| Investing Cash Flow | -3.31M | -5.20M | -1.07M | -397.20K | -23.01K | 34.59K |
| Financing Cash Flow | 13.19M | 8.31M | 8.01M | 2.48M | -351.59K | 16.54M |
Sierra Madre Gold & Silver Ltd. Technical Analysis
Positive
2.04
Price Trends
2.10
Negative
1.85
Negative
1.42
Positive
Market Momentum
-0.09
Negative
50.17
Neutral
81.89
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SM, the sentiment is Positive. The current price of 2.04 is above the 20-day moving average (MA) of 1.69, below the 50-day MA of 2.10, and above the 200-day MA of 1.42, indicating a neutral trend. The MACD of -0.09 indicates Negative momentum. The RSI at 50.17 is Neutral, neither overbought nor oversold. The STOCH value of 81.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SM.
Sierra Madre Gold & Silver Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | C$355.60M | 597.10 | 2.21% | ― | 694.29% | ― | |
47 Neutral | C$432.50M | -46.39 | -443.62% | ― | 14.89% | -24.08% | |
46 Neutral | C$91.86M | -20.73 | -4.57% | ― | ― | 43.20% | |
46 Neutral | C$468.80M | -55.40 | -4.59% | ― | ― | -14.43% | |
46 Neutral | C$228.57M | -20.48 | -19.58% | ― | ― | -34.83% | |
43 Neutral | C$495.78M | -32.59 | -105.31% | ― | ― | -198.87% |
* Basic Materials Sector Average
TSE:SM
Sierra Madre Gold & Silver Ltd.
1.81
1.29
248.08%
TSE:BRC
Blackrock Silver
1.35
1.05
350.00%
TSE:DEF
Defiance Silver
0.25
0.04
22.50%
TSE:PGDC
Patagonia Gold
0.93
0.89
2225.00%
TSE:SLVR
Silver Tiger Metals
0.84
0.57
211.11%
TSE:SSV
Southern Silver Exploration
0.56
0.38
202.70%
Sierra Madre Gold & Silver Ltd. Corporate Events
Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
Sierra Madre Raises $57.5 Million to Advance Del Toro Silver Mine Acquisition
Positive
Jan 30, 2026
Sierra Madre Gold and Silver Ltd. has closed the second and final tranche of its brokered private placement, raising total gross proceeds of approximately $57.5 million through the issuance of over 44.2 million subscription receipts priced at $1.3...
Business Operations and StrategyRegulatory Filings and Compliance
Sierra Madre Secures Key Land Use Approvals and Expands Holdings at La Guitarra’s East District
Positive
Jan 27, 2026
Sierra Madre Gold Silver has secured federal authorization to change the land use designation of its 34.7-hectare Tlacotal property in the East District of the La Guitarra silver-gold complex from agriculture/forestry to mining and has executed l...
Business Operations and Strategy
Sierra Madre Secures Key Land Approvals and Expansion at La Guitarra’s East District
Positive
Jan 27, 2026
Sierra Madre Gold Silver has secured authorization to change the land use designation of its 34.7-hectare Tlacotal property in the East District of the La Guitarra silver-gold complex from agriculture and forestry to mining, and has executed land...
Business Operations and StrategyM&A TransactionsPrivate Placements and FinancingRegulatory Filings and Compliance
Sierra Madre Raises $39.7 Million in First Tranche to Fund Del Toro Mine Acquisition
Positive
Jan 14, 2026
Sierra Madre Gold Silver Ltd. has closed the first tranche of its brokered private placement, raising approximately $39.7 million through the issuance of over 30.5 million subscription receipts at $1.30 each, as part of a larger $50 million offer...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Sierra Madre Reports Strong Q3 2025 Results and Expansion Plans
Positive
Nov 13, 2025
Sierra Madre Gold Silver Ltd. reported solid financial results for Q3 2025, with revenues of $5.5 million and a gross profit of $1.7 million, driven by stronger silver and gold prices. The company is expanding its La Guitarra plant and has initia...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.