Silver Range Resources (SNG) AI Stock Analysis

• Market Cap: C$16.73M
• Dividend Yield: N/A
• Average Volume (3M): 52.83K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.22
• Revenue Growth: N/A
• EPS Growth: -221.30%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 98,382,996
• 10 Day Avg. Volume: 57,581
• 30 Day Avg. Volume: 52,830
• PEG Ratio: >-0.01
• Price to Book (P/B): 1.32
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.41
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: C$0.17 ▲(14.00% Upside)

The score is held back primarily by weak financial performance (no revenue, recurring losses, and cash burn) and a negative P/E with no dividend support. These are partially offset by positive technical momentum, with price above key moving averages and a positive MACD.

Positive Factors

Low leverage / clean capital structure

A near-zero debt load materially reduces insolvency and interest burden risk, preserving financial flexibility. Over the next several months this gives management optionality to raise capital or allocate cash to operational priorities without immediate debt servicing constraints.

Moderate-to-low balance sheet risk

A moderate-to-low balance sheet risk profile supports resilience to shocks and prolongs runway while the company addresses operating losses. This structural stability helps maintain strategic options such as JV deals or measured capital raises versus distressed outcomes.

Improving free cash flow trend

Intermittent improvement in free cash flow indicates management can reduce cash burn through cost control or operational changes. If sustained, this trend lowers future financing needs and dilution risk, improving the viability of returning to positive cash generation.

Negative Factors

No revenue / unclear business model

Zero reported revenue is a fundamental concern: without product or service cashflows the firm depends on financing to continue operations. Over months this undermines the business model’s durability and raises questions about the company’s ability to transition to a self-sustaining operation.

Persistent operating and net losses

Recurrent negative EBIT and sizable net losses erode equity and signal weak core economics. Sustained losses compress reinvestment capacity and heighten the probability of recurring capital raises, which can dilute investors and restrict long-term strategic investments.

Ongoing cash burn and negative cash flow

Consistent negative operating and free cash flow indicates the company is burning cash to fund activities. Over a multi-month horizon this creates runway risk, increases dependence on external financing, and elevates the likelihood of dilution or constrained investment in growth.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	-65.92K	-146.16K	-102.57K	-137.62K	-33.34K
EBITDA	-3.97M	-554.79K	-656.82K	-954.28K	-621.93K	-417.99K
Net Income	-3.41M	-4.18M	-987.34K	-1.19M	4.29M	158.75K
Balance Sheet
Total Assets	6.16M	5.98M	9.82M	10.09M	10.28M	5.24M
Cash, Cash Equivalents and Short-Term Investments	3.20M	3.09M	281.69K	552.45K	1.07M	872.05K
Total Debt	0.00	0.00	0.00	15.84K	32.74K	48.93K
Total Liabilities	90.77K	121.17K	101.12K	119.48K	133.18K	125.88K
Stockholders Equity	6.07M	5.86M	9.72M	9.97M	10.14M	5.11M
Cash Flow
Free Cash Flow	-718.46K	-676.00K	-812.58K	-675.74K	-590.01K	-430.87K
Operating Cash Flow	-575.97K	-521.80K	-660.04K	-538.29K	-475.31K	-333.26K
Investing Cash Flow	2.95M	1.76M	-210.41K	-214.45K	125.23K	-57.02K
Financing Cash Flow	12.89K	259.78K	672.43K	572.12K	558.50K	486.80K

Silver Range Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• 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 0.15 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 bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.04 is Neutral, neither overbought nor oversold. The STOCH value of 76.85 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
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
PEX	53 Neutral	C$15.66M	-1.34	-82.13%	―	―	1.73%
XGC	52 Neutral	C$11.41M	10.67	―	―	―	―
CFE	52 Neutral	C$22.85M	30.69	-25.01%	―	―	―
SNG	51 Neutral	C$16.73M	-4.90	-44.50%	―	―	-221.30%
OZ	50 Neutral	C$16.56M	-0.79	-117.25%	―	―	-230.12%
RRI	48 Neutral	C$18.32M	-10.38	-15.87%	―	―	-90.32%

Silver Range Resources Corporate Events

Silver Range Updates U.S. Exploration, Expands Nevada Claims

Silver Range Resources has provided an operational update on its fall 2025 field work, highlighting active exploration across several U.S. properties. At the Alamo Property in Arizona, the company completed a soil and rock sampling program, with nearly 500 samples sent for analysis. At the East Goldfield Property, Silver Range flew an airborne magnetic and radiometric survey, identified and sampled five new zones of surface gold mineralization, and conducted shallow diamond drilling on two targets, though the program was shortened by weather-related access issues and staffing constraints; drilling is expected to resume in spring 2026 once conditions improve. In Nevada, the company expanded its Sniper Property near Gold Point from 4 to 14 claims to secure additional ground over newly lapsed showings at Gold Mountain, where initial sampling of historic workings has been completed and results are pending, underscoring Silver Range’s strategy of building and advancing a broad exploration pipeline across its U.S. precious metals portfolio.

The most recent analyst rating on (TSE:SNG) stock is a Hold with a C$0.17 price target. To see the full list of analyst forecasts on Silver Range Resources stock, see the TSE:SNG Stock Forecast page.

Silver Range Advances U.S. Gold Exploration With Expanded Field Programs and Claims

Silver Range Resources reported an active fall 2025 field season across several gold-focused properties in the U.S. Southwest, underscoring its strategy of advancing early-stage exploration assets for partnership or option. The company completed extensive soil and rock sampling at its Alamo Property in Arizona, concluded airborne magnetic and radiometric surveys and shallow diamond drilling at the East Goldfield Property in Nevada, and significantly expanded its Sniper Property claim package near Gold Point from 4 to 14 claims to capture newly available showings. While all assay results from these programs are still pending, the work and planned resumption of drilling at East Goldfield in spring 2026 indicate continued investment in building drill-ready targets that could enhance the value of Silver Range’s portfolio for existing and prospective joint venture partners.

The most recent analyst rating on (TSE:SNG) stock is a Hold with a C$0.17 price target. To see the full list of analyst forecasts on Silver Range Resources stock, see the TSE:SNG Stock Forecast page.

Silver Range Resources Stakes New Projects in Nevada and Utah

Silver Range Resources Ltd. has announced the staking of two new projects in Nevada and Utah, namely the Quinn and Drum properties. The Quinn Property in Nevada has shown promising gold and silver assays, while the Drum Property in Utah exhibits mineralization similar to Carlin deposits. Silver Range plans to conduct further geological and geochemical surveys to explore these properties, potentially enhancing its portfolio and industry positioning.

Silver Range Resources Advances Exploration at Tule Canyon Property

Silver Range Resources announced that its partner, Walker Lane Resources, will conduct an airborne geophysical survey at the Tule Canyon Property in Nevada. This survey aims to map the regional magnetic field deflection and locate anomalies associated with precious metal mineralization, potentially enhancing the property’s exploration prospects. The Tule Canyon Property, rich in gold and silver, has a history of mining dating back to the 19th century, but lacks modern exploration activities, presenting an opportunity for significant discoveries.

Silver Range Resources Launches Exploration at East Goldfield Property

Silver Range Resources Ltd. has initiated an exploration program at its East Goldfield Property in Nevada, involving an airborne geophysical survey and surface sampling. The survey aims to map the complex volcanic stratigraphy, while surface sampling has identified promising mineralization, with drilling scheduled for November. This exploration could enhance Silver Range’s resource estimates and strengthen its position in the precious metals industry.