Want to see TSE:SRI full AI Analyst Report?

Sparton Resources (SRI) Price & Analysis

6 Followers

SRI Stock Chart & Stats

C$0.03

>-C$0.01(-16.67%)

At close: Jan 08 4:00 PM EST

C$0.03

>-C$0.01(-16.67%)

Day’s Range― - ―

52-Week RangeC$0.02 - C$0.04

Previous CloseN/A

Volume3.00K

Average Volume (3M)109.81K

Market Cap

C$3.63M

Enterprise ValueC$3.47M

Total Cash (Recent Filing)C$284.49K

Total Debt (Recent Filing)C$119.74K

Price to Earnings (P/E)―

Beta1.17

Next Earnings

Sep 02, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)>-0.01

Shares Outstanding181,727,250

10 Day Avg. Volume123,934

30 Day Avg. Volume109,810

Financial Highlights & Ratios

PEG Ratio0.24

Price to Book (P/B)4.35

Price to Sales (P/S)0.00

P/FCF Ratio-47.29

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)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Improving Leverage And Lower DebtThe material reduction in leverage and meaningful decline in total debt strengthen balance-sheet flexibility. Lower debt-to-equity reduces interest and refinancing pressure, improving the company's ability to access capital or endure losses over the next several months while pursuing restructuring or restart options.

Substantial Reduction In Cash Burn (2025)A marked reduction in cash burn in 2025 indicates management has slowed cash outflows or realized cost/operational fixes. While cash flow remains negative, this durable improvement lowers near-term funding needs and extends runway, making survival or a strategic pivot more achievable in the medium term.

Sizable Equity Cushion Relative To AssetsA meaningful equity base relative to assets provides a solvency buffer against losses and supports creditor confidence. That equity cushion gives the company time to implement turnaround actions or raise non-dilutive financing, reducing immediate liquidation risk over the coming months.

Bears Say

Persistent Recurring Net LossesSustained net losses across multiple years erode retained earnings and limit internal reinvestment capacity. Chronic unprofitability undermines long-term viability, pressures equity value, and forces dependence on external funding or asset sales, constraining strategic options over a 2–6 month horizon and beyond.

Revenue Fell To Zero In 2024–2025A complete drop to zero revenue is a structural red flag: it eliminates operating leverage and indicates the core business is not generating sales. Without a durable revenue base, recovery depends on restarting commercial activity or new revenue sources, which is uncertain and capital-intensive.

Negative Operating And Free Cash Flow Each YearConsistent negative operating and free cash flow means the business is not self-funding and will need external capital to continue. This structural cash deficit increases dilution or refinancing risk, limits investment ability, and heightens the probability of disruptive financing actions within months if trends persist.

Sparton Resources News

Sparton Expands Land Package and Reports Encouraging Drill Results at Pense Critical Metals Project

Sparton Resources ( ($TSE:SRI) ) has shared an announcement. Sparton Resources has expanded its Pense Critical Metals Project...

3M ago

Sparton Highlights VRB Energy’s Growing Portfolio of Vanadium Flow Battery Projects

Sparton Resources ( ($TSE:SRI) ) has provided an update. Sparton Resources reported progress at affiliate VRB Energy Inc.,...

4M ago

Sparton Resources Secures Final Approval for C$410,000 Private Placement to Advance Critical Metals Exploration

An update from Sparton Resources ( ($TSE:SRI) ) is now available. Sparton Resources Inc. has received final regulatory...

5M ago

Sparton Resources Reprices Stock Options and Advances Drilling at Quebec Pense Project

An announcement from Sparton Resources ( ($TSE:SRI) ) is now available. Sparton Resources has repriced and reissued 4,200,000...

6M ago

Sparton Resources Completes Private Placement to Fund Ontario Exploration

Sparton Resources ( ($TSE:SRI) ) has provided an update. Sparton Resources Inc. has successfully completed its non-brokered private...

7M ago

Sparton Resources Announces Positive Assay Results and New Drilling Initiatives

Sparton Resources ( ($TSE:SRI) ) has shared an update. Sparton Resources Inc. has reported promising assay results from...

8M ago

Sparton Resources Secures C$210,000 for Quebec Exploration

Sparton Resources ( ($TSE:SRI) ) has shared an announcement. Sparton Resources Inc. has successfully closed the first tranche...

8M ago

Sparton Resources Launches C$500,000 Private Placement for Exploration Expansion

Sparton Resources ( ($TSE:SRI) ) has shared an update. Sparton Resources Inc. has announced a private placement offering...

8M ago

Sparton Resources’ Joint Venture Secures Major Vanadium Battery Project in China

An announcement from Sparton Resources ( ($TSE:SRI) ) is now available. Sparton Resources announced that its joint venture,...

10M ago

Sparton Resources Advances Exploration at Pense Project with New Permits and Discoveries

An update from Sparton Resources ( ($TSE:SRI) ) is now available. Sparton Resources Inc. has announced the receipt...

10M ago

SRI FAQ

What was Sparton Resources Inc’s price range in the past 12 months?

Sparton Resources Inc lowest stock price was C$0.02 and its highest was C$0.04 in the past 12 months.

What is Sparton Resources Inc’s market cap?

Sparton Resources Inc’s market cap is C$3.63M.

When is Sparton Resources Inc’s upcoming earnings report date?

Sparton Resources Inc’s upcoming earnings report date is Sep 02, 2026 which is in 60 days.

How were Sparton Resources Inc’s earnings last quarter?

Currently, no data Available

Is Sparton Resources Inc overvalued?

According to Wall Street analysts Sparton Resources Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Sparton Resources Inc pay dividends?

Sparton Resources Inc does not currently pay dividends.

What is Sparton Resources Inc’s EPS estimate?

Sparton Resources Inc’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Sparton Resources Inc have?

Sparton Resources Inc has 181,727,250 shares outstanding.

What happened to Sparton Resources Inc’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of Sparton Resources Inc?

Currently, no hedge funds are holding shares in TSE:SRI

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Sparton Resources Inc

Sparton Resources Inc., a Canadian enterprise in the exploration and development phase, focuses on investigating and assessing properties throughout Canada. The company's mineral portfolio features two significant gold assets: the Bruell Gold Property, where it holds an option to acquire interest in 20 claims within Quebec's Vauquelin Township, and the Sir Harry Oakes Gold Property, consisting of 46 mining claims and 3 mining leases in the Matachewan Gold Area. Beyond precious metals, Sparton also maintains an interest in the Chebucto natural gas field, located in the offshore Sable Island area of Nova Scotia. Furthermore, the company has diversified into the vanadium redox flow battery sector. Sparton Resources Inc. conducts its operations from its corporate headquarters in Toronto, Canada.