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Sparton Resources (SRI) Price & Analysis

6 Followers

SRI Stock Chart & Stats

C$0.02

C$0.00(0.00%)

At close: Jul 31 4:00 PM EDT

C$0.02

C$0.00(0.00%)

Day’s Range― - ―

52-Week RangeC$0.02 - C$0.04

Previous CloseN/A

Volume50.00K

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$271.14K

Price to Earnings (P/E)―

Beta1.42

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 LeverageThe balance sheet's improving leverage—debt-to-equity down to ~0.11 in 2025—provides durable financial headroom: lower fixed obligations and better refinancing flexibility reduce insolvency risk and give management options to fund operations or strategic initiatives despite ongoing losses.

Reduced Cash Burn TrendOperating cash burn fell substantially in 2025 versus 2024, indicating management reduced outflows or improved efficiency. While cash flow remains negative, a sustained decline in burn materially lowers near-term financing pressure and increases runway to execute a turnaround or restructure.

Equity CushionA sizable equity base relative to assets supplies a structural cushion to absorb continued losses and supports access to credit or equity raises. This balance-sheet depth improves resilience and provides optionality for asset sales or strategic financing without immediate solvency stress.

Bears Say

Persistent Net LossesRecurring net losses across 2020–2025 demonstrate persistent unprofitability that erodes shareholder equity and operational flexibility. Over time, such sustained losses reduce reinvestment capacity, impair creditworthiness, and raise the likelihood that a fundamental business model change or external funding is required.

Consistent Negative Cash FlowOperating and free cash flows have been negative each year, meaning the company cannot self-fund operations or growth. Persistent cash deficits force reliance on external financing or asset disposals, increasing dilution or leverage and constraining long-term investment and strategic flexibility.

Revenue Volatility And DeclineRevenue volatility with zero reported revenue in 2024–2025 and negative gross profit in 2025 points to a structurally impaired revenue model or halted operations. Without sustainable revenue recovery, margins and scalability cannot normalize, threatening viability unless new revenue sources or operational restarts occur.

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...

4M 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.,...

5M 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...

6M 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...

7M 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...

8M 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...

9M 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...

9M 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...

9M 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,...

11M 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...

11M ago

SRI FAQ

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

Sparton Resources Inc lowest stock price was C$0.01 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 32 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.