Southern Silver Exploration (SSV) AI Stock Analysis

• Market Cap: C$89.11M
• Dividend Yield: N/A
• Average Volume (3M): 414.37K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.55
• Revenue Growth: N/A
• EPS Growth: -61.86%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 71
• Industry: Other Precious Metals
• EPS (TTM): -0.02
• Shares Outstanding: 330,023,070
• 10 Day Avg. Volume: 650,112
• 30 Day Avg. Volume: 414,374
• PEG Ratio: 0.31
• Price to Book (P/B): 1.58
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.22
• 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: C$0.71
• Price Target Upside: 162.96% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 44 Neutral
• Price Target: ―

Southern Silver Exploration shows significant financial weaknesses, with no revenue and persistent losses. The technical indicators are not favorable, reflecting a bearish trend. The company's valuation metrics are unattractive due to its unprofitability. However, recent corporate events, including successful project advancements and strategic acquisitions, offer a glimmer of potential future growth, slightly improving the outlook.

Southern Silver Exploration Business Overview & Revenue Model

Company Description

Southern Silver Exploration Corp., an exploration stage company, engages in the acquisition, exploration, and development of precious/base metal properties in North America. The company explores for gold, silver, copper, lead, and zinc ores. Its flagship property is the Cerro Las Minitas project that comprises 25 mineral concessions covering an area of approximately 34,415 hectares located in Durango State, Mexico. The company was formerly known as Newcoast Silver Mines Ltd. and changed its name to Southern Silver Exploration Corp. in July 2004. Southern Silver Exploration Corp. was incorporated in 1963 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Southern Silver Exploration Corp. generates revenue primarily through the exploration and development of its mineral properties, which can then be sold or partnered with larger mining companies for further development and production. The company may enter into joint venture agreements, allowing them to share exploration costs and potential profits with partners, thereby reducing financial risk. Additionally, Southern Silver might raise capital through the issuance of shares and other financial instruments to fund its exploration activities. The ultimate goal is to advance their projects to a stage where they can be sold, partnered, or developed into producing mines, generating significant returns on investment.

Southern Silver Exploration Financial Statement Overview

Summary

Southern Silver Exploration faces significant financial challenges, with no revenue and persistent losses impacting its financial stability. While the balance sheet is strengthened by a lack of debt, the cash flow situation underscores the need for improved operational performance or strategic investments to ensure sustainability.

Income Statement

Southern Silver Exploration has consistently reported no revenue over the periods analyzed, resulting in negative EBIT and net income. The lack of revenue and persistent losses reflect significant challenges in achieving profitability. The absence of revenue growth further indicates potential difficulties in its business model or market conditions.

Balance Sheet

The company maintains a healthy equity position with no debt, resulting in a strong equity ratio. However, the continuous net losses have eroded equity over time, as evidenced by declining stockholders' equity. The zero debt-to-equity ratio is a positive aspect, reducing financial risk.

Cash Flow

The cash flow analysis reveals negative operating and free cash flows, indicating the company is not generating sufficient cash from operations. Despite this, the company has managed to maintain liquidity through financing activities. The negative free cash flow growth rate highlights ongoing challenges in cash generation.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-5.60M	-486.62K	-6.38M	-8.99M	-29.56K	-2.07M
Net Income	-5.78M	-3.71M	-6.33M	-8.98M	-145.40K	-2.45M
Balance Sheet
Total Assets	35.92M	35.52M	39.21M	45.69M	41.32M	8.65M
Cash, Cash Equivalents and Short-Term Investments	1.02M	730.46K	4.67M	11.30M	7.76M	3.64M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	417.86K	491.16K	487.06K	746.83K	5.50M	337.00K
Stockholders Equity	35.51M	35.03M	38.72M	44.95M	35.82M	8.32M
Cash Flow
Free Cash Flow	-4.51M	-3.94M	-6.64M	-7.40M	-5.15M	-1.24M
Operating Cash Flow	-4.29M	-3.63M	-6.39M	-6.93M	-4.88M	-1.14M
Investing Cash Flow	-215.81K	-307.04K	-251.18K	-2.99M	-10.81M	-100.24K
Financing Cash Flow	3.82M	0.00	0.00	13.48M	19.80M	4.51M

Southern Silver Exploration Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.27
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SSV, the sentiment is Positive. The current price of 0.27 is above the 20-day moving average (MA) of 0.24, above the 50-day MA of 0.23, and above the 200-day MA of 0.23, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 63.05 is Neutral, neither overbought nor oversold. The STOCH value of 93.70 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SSV.

Southern Silver Exploration Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VML	54 Neutral	C$85.16M	―	-23.07%	―	―	23.08%
SM	50 Neutral	C$80.78M	―	-9.93%	―	―	95.16%
DEF	45 Neutral	C$91.41M	―	-8.00%	―	―	-21.74%
SSV	44 Neutral	C$89.11M	―	-16.16%	―	―	-61.86%
Sector *	44 Neutral	C$982.42M	-6.71	-13.24%	2.54%	17.20%	-32.72%
CKG	38 Underperform	C$117.93M	―	-1.72%	―	―	54.11%
OCG	37 Underperform	C$105.33M	―	-86.62%	―	―	-11.20%

Southern Silver Exploration Corporate Events

Southern Silver Extends Mineralization at Cerro Las Minitas Project

Southern Silver Exploration Corp. has announced successful results from its Q4 2024 drilling program at the Cerro Las Minitas project in Durango, Mexico. The drilling extended silver-polymetallic mineralization laterally and down dip of the South Skarn deposit, with significant intervals of mineralized skarn discovered. These findings could enhance the company’s resource estimates and strengthen its position in the mining sector.

Southern Silver Closes $3.58M Private Placement to Advance Mexican Projects

Southern Silver Exploration Corp. has successfully closed a non-brokered private placement, raising $3,583,680.30 through the issuance of 19,909,335 units. The proceeds will be used to advance the Cerro Las Minitas property and explore the Nazas property in Durango, Mexico. The CLM project is positioned as a large-scale underground mining operation with strong economic potential. This development supports Southern Silver’s strategic focus on high-grade mineral exploration and enhances its standing in the mining sector.

Southern Silver Expands Private Placement to Advance Mexican Project

Southern Silver Exploration Corp. has increased its non-brokered private placement from $3 million to $3.6 million, comprising 20 million units at $0.18 per unit. The proceeds will support the advancement of the Cerro Las Minitas project in Mexico and general corporate purposes, highlighting the company’s strategic focus on enhancing its mineral exploration efforts.

Southern Silver Expands Private Placement to Bolster Mexican Mining Project

Southern Silver Exploration Corp. has increased its non-brokered private placement from $2,520,000 to $3,000,000 due to heightened interest, comprising 16,666,667 units at $0.18 per unit. The proceeds will be used to advance the Cerro Las Minitas project in Durango, Mexico, focusing on drilling, studying potential project enhancements, and derisking efforts. This development reinforces the company’s commitment to enhancing its project portfolio and improving its operational standing in a mining-friendly jurisdiction.

Southern Silver Acquires Promising Nazas Property in Mexico

Southern Silver Exploration Corp. has entered into an agreement to acquire the Nazas exploration project in Durango, Mexico, which is strategically located in Mexico’s Faja de Plata, known for its rich silver deposits. This acquisition involves staged cash payments and a commitment to perform extensive drilling, potentially enhancing the company’s resource base and positioning it favorably within the industry by tapping into an area with high mineral potential.