Alianza Minerals (SNAG) AI Stock Analysis

• Market Cap: C$7.16M
• Dividend Yield: N/A
• Average Volume (3M): 67.42K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.50
• Revenue Growth: N/A
• EPS Growth: -103.97%
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 48
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 47,713,493
• 10 Day Avg. Volume: 86,684
• 30 Day Avg. Volume: 67,422
• PEG Ratio: -0.03
• Price to Book (P/B): 0.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -14.41
• 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

• Rating: 45 Neutral
• Price Target: ―

Alianza Minerals is significantly challenged by financial weaknesses, including no revenue and continuous losses, overshadowing its debt-free balance sheet. Despite positive technical indicators, the poor valuation and reliance on external funding limit the stock's overall attractiveness. Strategic efforts and project developments are crucial to improving its financial health and investor appeal.

Alianza Minerals Business Overview & Revenue Model

Company Description

Silver North Resources Ltd., an exploration stage company, acquires and explores mineral properties. It explores for gold, copper, silver, zinc, and lead deposits. The company's flagship property is the 100% owned Haldane property, which covers an area of 8,164 hectares located in Yukon Territory. The company was formerly known as Alianza Minerals Ltd. and changed its name to Silver North Resources Ltd. in August 2023. Silver North Resources Ltd. was incorporated in 2005 and is based in Vancouver, Canada.

How the Company Makes Money

Alianza Minerals makes money by exploring and developing mineral properties, which it either sells or enters into joint ventures with other mining companies. Its revenue model includes potential earnings from the sale of discovered mineral resources, joint venture agreements, and option agreements where partners may earn interest in a project by funding exploration activities. These partnerships help reduce the financial risk associated with exploration while providing potential revenue streams from successful discoveries. The company may also generate income through royalties or the eventual sale of its developed properties.

Alianza Minerals Financial Statement Overview

Summary

Alianza Minerals shows no revenue generation with consistent losses and cash flow issues. Despite a strong equity position with zero debt, the lack of profitability and cash generation is concerning.

Income Statement

Alianza Minerals shows no revenue generation over the past periods, with consistent negative net income and EBIT, indicating severe challenges in profitability. The absence of revenue growth and negative margins reflect a significant concern for financial health and sustainability.

Balance Sheet

The company maintains a strong equity position with no debt, resulting in a favorable debt-to-equity ratio. However, the consistent negative net income undermines return on equity, preventing value generation for shareholders. The high equity ratio provides some stability amidst the lack of revenue.

Cash Flow

Cash flow analysis reveals persistent negative operating and free cash flows, indicating cash burn and potential liquidity issues. Despite positive financing cash flow, likely from external funding, the company's reliance on such sources is unsustainable without revenue growth.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	-2.24K	-23.67K	-33.70K	-53.95K	-140.00
	EBIT
-1.82M	-738.14K	-435.40K	-251.86K	-1.22M	-856.84K
	EBITDA
-1.16M	-738.14K	-292.47K	-251.86K	-1.22M	-856.70K
	Net Income Common Stockholders
-2.00M	-2.03M	-795.04K	-2.05M	-939.12K	-1.06M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
185.38K	709.65K	139.70K	564.89K	412.68K	278.99K
	Total Assets
7.42M	7.80M	7.16M	8.09M	8.38M	4.85M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-185.38K	-709.65K	-135.20K	-403.09K	-412.68K	-278.99K
	Total Liabilities
953.75K	1.21M	883.69K	1.10M	461.94K	546.13K
	Stockholders Equity
6.46M	6.59M	6.28M	6.99M	7.92M	4.30M
Cash Flow		Free Cash Flow
-1.06M	-1.67M	-822.60K	-423.54K	-4.64M	-1.28M
	Operating Cash Flow
-759.76K	-1.30M	-369.85K	-435.88K	-1.34M	-656.57K
	Investing Cash Flow
-272.23K	-343.20K	-224.29K	-49.24K	-3.33M	-628.01K
	Financing Cash Flow
1.33M	2.22M	106.97K	729.63K	4.71M	1.39M

Alianza Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SNAG, the sentiment is Positive. The current price of 0.15 is below the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.14, and above the 200-day MA of 0.11, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.94 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SNAG.

Alianza Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	58 Neutral	$7.37B	3.39	-4.49%	10.01%	0.82%	-49.15%
NAR	48 Neutral	C$5.72M	15.38	-1.02%	―	―	―
MTX	46 Neutral	C$5.53M	12.50	7.51%	―	―	―
SNAG	45 Neutral	C$7.16M	―	-20.14%	―	―	-103.97%
XGC	36 Underperform	C$4.99M	―	10.45%	―	―	70.80%
VIPRF		$5.27M	―	-44.18%	―	―	―
LECRF		$5.20M	5.44	-20.91%	―	―	―

Alianza Minerals Corporate Events

Silver North Resources Closes $1.35 Million Private Placement to Advance Silver Projects

Silver North Resources Ltd. has successfully closed a non-brokered private placement, raising $1,350,000 through the sale of 13.5 million units. The funds will be used for working capital and advancing the Haldane Silver Project, where recent drilling has discovered promising silver mineralized veins. Additionally, the Tim Silver Project is under an option agreement with Coeur Mining Inc., which can earn a majority interest by investing in exploration and feasibility studies.

Spark’s Take on TSE:SNAG Stock

According to Spark, TipRanks’ AI Analyst, TSE:SNAG is a Underperform.

Alianza Minerals’ overall stock score is low due to severe financial challenges, including non-existent revenue and continuous losses, which overshadow its strong balance sheet. While technical indicators show some positive momentum and recent corporate events suggest strategic efforts for growth, the lack of profitability and unattractive valuation keep the score low. Continued focus on strategic improvements and successful project developments are crucial for enhancing its financial health and investor appeal.

To see Spark’s full report on TSE:SNAG stock, click here.

Silver North Resources Secures Strong Shareholder Support at AGM

Silver North Resources Ltd. announced that all resolutions at its March 27, 2025 Annual General Meeting were passed with overwhelming shareholder support, including the re-election of its board of directors and the re-appointment of its officers. The company also approved a rolling incentive stock option plan, reserving a maximum of 10% of issued shares for the plan, pending TSX Venture Exchange acceptance. This development reflects Silver North’s strategic focus and shareholder confidence, positioning the company for continued growth in 2025.

Silver North Resources Launches $1.5M Private Placement to Boost Yukon Silver Project

Silver North Resources Ltd. announced a non-brokered private placement to raise $1,500,000, which will be used to advance its Haldane Silver Project in the Yukon Territory. The project has shown promising results with the discovery of parallel silver mineralized veins, and the funds will support further exploration activities, including geophysical surveys and additional drilling. The company’s Tim project, under option to Coeur Mining Inc., is also progressing, with pending analytical results from a recent drill program. This financing move is expected to bolster Silver North’s exploration efforts and strengthen its position in the silver mining sector.