Sparton Resources Inc (TSE:SRI)
:SRI
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Sparton Resources
(SRI)
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Rating:44Neutral
Price Target:
C$0.03
▼(-3.33% Downside)
Action:ReiteratedDate:01/24/26
The score is held down primarily by persistent losses and ongoing negative operating/free cash flow, including a worsening cash burn in 2024. Technicals are mixed with negative momentum, while the balance sheet’s moderate leverage is the main stabilizing factor. Valuation metrics are also weak due to the negative P/E and lack of dividend yield data.
Positive Factors
Moderate leverage
A moderate and improving leverage profile reduces solvency risk and preserves financial flexibility over the next several months. Lower debt burden limits fixed interest costs and increases the company's ability to access capital or restructure operations while it addresses persistent cash burn.
Negative Factors
Persistent losses
Sustained negative operating profit erodes equity and limits retained capital for reinvestment. Without a structural turnaround in revenue or margins, ongoing losses will prolong dependence on external financing and constrain the company's ability to rebuild durable profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate leverage
A moderate and improving leverage profile reduces solvency risk and preserves financial flexibility over the next several months. Lower debt burden limits fixed interest costs and increases the company's ability to access capital or restructure operations while it addresses persistent cash burn.
Read all positive factors
Sparton Resources (SRI) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$3.63M
Dividend YieldN/A
Average Volume (3M)109.81K
Price to Earnings (P/E)―
Beta (1Y)1.10
Revenue GrowthN/A
EPS Growth95.92%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.00
Shares Outstanding181,727,250
10 Day Avg. Volume123,934
30 Day Avg. Volume109,810
Financial Highlights & Ratios
PEG Ratio-0.08
Price to Book (P/B)5.04
Price to Sales (P/S)0.00
P/FCF Ratio-6.15
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
Sparton Resources Business Overview & Revenue Model
Company Description
Sparton Resources Inc., an exploration and development stage company, engages in the exploration and evaluation of properties in Canada. It has an option agreement to acquire interest in the Bruell Gold Property comprises 20 claims located in Vauq...
How the Company Makes Money
Sparton Resources generates revenue primarily through the exploration and development of mineral properties, particularly uranium. The company's revenue model is centered around the acquisition of promising mineral rights, exploration to assess re...
Sparton Resources Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 954.10K | 1.14M | 470.77K | 0.00 |
| Gross Profit | -9.69K | 0.00 | 45.69K | 333.05K | 56.18K | -5.50K |
| EBITDA | -342.75K | -869.91K | -280.67K | -328.31K | -340.60K | -681.33K |
| Net Income | -156.60K | -706.85K | -330.88K | -353.39K | -360.25K | -652.99K |
Balance Sheet | ||||||
| Total Assets | 1.82M | 1.91M | 2.24M | 1.94M | 1.92M | 1.61M |
| Cash, Cash Equivalents and Short-Term Investments | 163.15K | 5.25K | 411.41K | 85.39K | 246.10K | 105.13K |
| Total Debt | 279.01K | 281.70K | 227.16K | 224.08K | 241.00K | 326.23K |
| Total Liabilities | 470.43K | 563.39K | 565.35K | 614.70K | 553.07K | 627.95K |
| Stockholders Equity | 989.70K | 992.75K | 1.32M | 977.75K | 1.02M | 640.11K |
Cash Flow | ||||||
| Free Cash Flow | -271.51K | -813.15K | -140.05K | -223.89K | -344.95K | -465.97K |
| Operating Cash Flow | -271.51K | -813.15K | -138.85K | -155.13K | -296.30K | -465.97K |
| Investing Cash Flow | 0.00 | 0.00 | 19.70K | -68.76K | -48.65K | 0.00 |
| Financing Cash Flow | 110.00K | 407.00K | 450.00K | 68.00K | 478.56K | 564.72K |
Sparton Resources Technical Analysis
Negative
0.03
Price Trends
0.03
Negative
0.03
Negative
0.03
Negative
Market Momentum
>-0.01
Positive
37.99
Neutral
-33.33
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SRI, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.99 is Neutral, neither overbought nor oversold. The STOCH value of -33.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SRI.
Sparton Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
46 Neutral | C$5.47M | -16.58 | -8.50% | ― | ― | 83.68% | |
45 Neutral | C$3.18M | -11.90 | -62.20% | ― | ― | 59.67% | |
45 Neutral | C$3.06M | -11.88 | ― | ― | ― | -20.83% | |
45 Neutral | C$3.86M | -3.00 | -54.40% | ― | ― | 51.40% | |
44 Neutral | C$3.63M | -13.39 | -4.20% | ― | ― | 95.92% | |
41 Neutral | C$4.17M | -1.72 | -4.44% | ― | ― | ― |
* Basic Materials Sector Average
TSE:SRI
Sparton Resources
0.02
0.00
0.00%
TSE:SCLT
Searchlight Resources Inc
0.08
0.03
53.06%
TSE:GOR
Goldrea Resources
0.03
<0.01
25.00%
TSE:SIEN
Sienna Resources
0.09
-0.26
-75.71%
TSE:NEV
Nevada Sunrise Gold
0.03
0.01
65.00%
TSE:ETR
Etruscus Corp
0.09
0.00
0.00%
Sparton Resources Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Sparton Resources Secures Final Approval for C$410,000 Private Placement to Advance Critical Metals Exploration
Positive
Jan 22, 2026
Sparton Resources Inc. has received final regulatory approval, including from the TSX Venture Exchange, for its non-brokered private placement, raising total gross proceeds of C$410,000 through the issuance of Critical Metals flow-through share un...
Business Operations and Strategy
Sparton Resources Reprices Stock Options and Advances Drilling at Quebec Pense Project
Positive
Dec 22, 2025
Sparton Resources has repriced and reissued 4,200,000 incentive stock options to its directors, officers and consultants, setting a new exercise price of $0.05 per share and a three-year term to December 12, 2028, while cancelling the previously a...
Business Operations and StrategyPrivate Placements and Financing
Sparton Resources Completes Private Placement to Fund Ontario Exploration
Positive
Dec 13, 2025
Sparton Resources Inc. has successfully completed its non-brokered private placement offering, raising a total of C$410,000. The proceeds will be used for exploration activities in Ontario, particularly on the Pense polymetallic metals project, an...
Business Operations and Strategy
Sparton Resources Announces Positive Assay Results and New Drilling Initiatives
Positive
Nov 14, 2025
Sparton Resources Inc. has reported promising assay results from surface samples at the Verrier-Gagne zone in Ontario, indicating significant values for copper, nickel, zinc, and anomalous cobalt content. These findings suggest potential mineral z...
Business Operations and StrategyPrivate Placements and Financing
Sparton Resources Secures C$210,000 for Quebec Exploration
Positive
Nov 11, 2025
Sparton Resources Inc. has successfully closed the first tranche of a private placement offering, raising C$210,000 to fund its critical metals exploration projects in Quebec. The proceeds will be used for resource exploration expenses, including ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.