Silver Range Resources (SNG) AI Stock Analysis

• Market Cap: C$11.78M
• Dividend Yield: N/A
• Average Volume (3M): 42.95K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.26
• Revenue Growth: N/A
• EPS Growth: -302.83%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Other Precious Metals
• EPS (TTM): N/A
• Shares Outstanding: 98,126,884
• 10 Day Avg. Volume: 104,975
• 30 Day Avg. Volume: 42,949
• PEG Ratio: -0.45
• Price to Book (P/B): 1.54
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -12.77
• 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: 43 Neutral
• Price Target: ―

Silver Range Resources' overall stock score is hindered by severe financial performance issues, with zero revenue and persistent losses. While technical indicators are stable, the negative valuation metrics and absence of dividends detract from its appeal. Recent corporate events provide potential growth opportunities, but the company's financial health remains a primary concern.

Silver Range Resources Business Overview & Revenue Model

Company Description

Silver Range Resources Ltd., a junior resource exploration company, engages in the acquisition, exploration, and evaluation of precious metal resources in Canada. The company explores for gold, silver, zinc, lead, and copper deposits. Its property portfolio comprises mineral properties located in Nevada, the Northwest Territories, Nunavut, and the Yukon Territory. Silver Range Resources Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Silver Range Resources makes money primarily through the acquisition, exploration, and development of mineral properties, which it then advances through partnerships and joint ventures. These partnerships often involve agreements where the partner company funds further exploration and development in exchange for earning an interest in the property. Additionally, Silver Range Resources seeks to generate revenue through the sale of properties or interests in properties once they have been sufficiently advanced. This business model allows the company to minimize its financial risk while maintaining a pipeline of potential revenue-generating assets. Key factors contributing to its earnings include successful exploration results, strategic partnerships with mining companies, and favorable market conditions for precious metals.

Silver Range Resources Financial Statement Overview

Summary

Silver Range Resources faces significant financial challenges, with zero revenue leading to persistent losses and negative cash flows. Although the balance sheet shows strong equity and no debt, the lack of profitability and cash flow generation severely impacts the financial health.

Income Statement

The company consistently reports zero revenue, resulting in negative gross profit and persistent losses as indicated by negative net income and EBIT. The absence of revenue growth and profitability severely affects the income statement's performance.

Balance Sheet

Silver Range Resources maintains a strong equity position with minimal liabilities, as evidenced by a solid equity ratio and zero debt. However, the lack of revenue and profitability raises concerns about long-term sustainability despite current financial stability.

Cash Flow

The company reports negative operating and free cash flows, indicating challenges in generating cash internally. The negative free cash flow growth rate and high reliance on financing activities are concerning, impacting overall cash flow health.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-65.92K	-146.16K	-102.57K	-137.62K	-33.34K
EBITDA	-554.79K	-656.82K	-954.28K	-621.93K	-417.99K
Net Income	-4.18M	-987.34K	-1.19M	4.29M	158.75K
Balance Sheet
Total Assets	5.98M	9.82M	10.09M	10.28M	5.24M
Cash, Cash Equivalents and Short-Term Investments	3.09M	281.69K	552.45K	1.07M	872.05K
Total Debt	0.00	0.00	15.84K	32.74K	48.93K
Total Liabilities	121.17K	101.12K	119.48K	133.18K	125.88K
Stockholders Equity	5.86M	9.72M	9.97M	10.14M	5.11M
Cash Flow
Free Cash Flow	-676.00K	-812.58K	-675.74K	-590.01K	-430.87K
Operating Cash Flow	-521.80K	-660.04K	-538.29K	-475.31K	-333.26K
Investing Cash Flow	1.76M	-210.41K	-214.45K	125.23K	-57.02K
Financing Cash Flow	259.78K	672.43K	572.12K	558.50K	486.80K

Silver Range Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SNG, the sentiment is Positive. The current price of 0.12 is above the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.09, and above the 200-day MA of 0.08, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 76.72 is Negative, neither overbought nor oversold. The STOCH value of 73.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SNG.

Silver Range Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FVI	79 Outperform	$2.65B	12.66	12.07%	―	30.33%	―
WDO	72 Outperform	C$2.57B	13.60	34.73%	―	80.44%	3757.72%
BTO	66 Neutral	$6.04B	―	-17.61%	0.72%	5.97%	-1677.31%
Sector *	63 Neutral	$10.29B	9.98	0.11%	3.07%	2.29%	-33.40%
SNG	43 Neutral	C$11.78M	―	-51.14%	―	―	-302.83%
MMG	41 Neutral	C$45.75M	―	-55.98%	―	―	41.78%

Silver Range Resources Corporate Events

Silver Range Resources Expands Precious Metal Prospects in Arizona and Nevada

Silver Range Resources Ltd. has acquired high-grade precious metal prospects in Arizona and Nevada, specifically the Alamo and Luxor properties. The Alamo Property in Arizona shows potential for copper-gold mineralization, with initial samples indicating significant gold and copper content. The Luxor Property in Nevada, located in the Hannapah Mining District, has shown high-grade gold and silver assays. Silver Range plans to conduct further geological mapping and surveys to explore these properties, potentially enhancing its position in the precious metals market.

Spark’s Take on TSE:SNG Stock

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

Silver Range Resources struggles with severe financial performance issues due to the absence of revenue and persistent losses, significantly weighing down its overall score. While technical indicators provide some stability, the valuation remains unattractive because of the negative earnings. The lack of any dividend yield further detracts from its appeal. These factors collectively result in a low overall stock score.

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

Silver Range Resources Identifies New Exploration Target at East Goldfield

Silver Range Resources has identified a new exploration drill target at its East Goldfield Property in Nevada, using historical drill data. The target, located near the Tom Keane Mine, shows promising gold intersections, simplifying future exploration efforts. The company plans further underground sampling and geological mapping to better define the potential of the area.

Spark’s Take on TSE:SNG Stock

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

Silver Range Resources struggles with severe financial performance issues due to the absence of revenue and persistent losses, significantly weighing down its overall score. While technical indicators provide some stability, the valuation remains unattractive because of the negative earnings. The lack of any dividend yield further detracts from its appeal. These factors collectively result in a low overall stock score.

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

Silver Range Resources Options Walker Lane Projects to Walker Lane Resources

Silver Range Resources Ltd. has entered into an agreement with Walker Lane Resources Ltd. to option three properties in the Walker Lane region of Nevada. This strategic move allows Walker Lane Resources to potentially acquire full ownership of the Tule Canyon and Cambridge properties, contingent on meeting certain financial and exploration milestones. The agreement includes provisions for milestone payments and net smelter return royalties, which could impact Silver Range’s revenue streams and strengthen its position in the mining sector.

Silver Range Resources Resumes Operations and Announces Management Change

Silver Range Resources has resumed field operations in Nevada and Arizona, staking new targets and conducting sampling programs. A significant management change was announced as John Gilbert resigned as Vice President to become CEO of GGL Resources Ltd., although he will remain a consultant and advisor to Silver Range. This change may impact the company’s joint venture with GGL on the Gold Point project.