Starr Peak Mining (STE) AI Stock Analysis

• Market Cap: C$22.79M
• Dividend Yield: N/A
• Average Volume (3M): 27.71K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.28
• Revenue Growth: N/A
• EPS Growth: -243.06%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): -0.07
• Shares Outstanding: 57,697,180
• 10 Day Avg. Volume: 17,378
• 30 Day Avg. Volume: 27,715
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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

Starr Peak Mining's overall stock score reflects significant financial challenges, including no revenue and continuous operating losses. A solid balance sheet with no debt provides some stability, but ongoing negative cash flows and reliance on external financing present risks. Technical indicators are neutral, but valuation is poor given the lack of profits. The recent investment for exploration offers a positive, though uncertain, future opportunity.

Starr Peak Mining Business Overview & Revenue Model

Company Description

Starr Peak Mining Ltd., an exploration stage junior mining company, engages in the identification, acquisition, and exploration of mineral properties in Canada. The company explores for gold. It holds a 100% interest in NewMetal Property comprising 53 mineral claims covering an area of 1,420 hectares located in the northwestern Quebec. The company was formerly known as Starr Peak Exploration Ltd. and changed its name to Starr Peak Mining Ltd. in March 2021. Starr Peak Mining Ltd. was incorporated in 1981 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Starr Peak Mining Ltd. generates revenue through the exploration and development of mineral properties, which may lead to the discovery of commercially viable mineral deposits. Once these deposits are identified, the company can earn money by extracting and selling the minerals, primarily gold and other precious metals, to various buyers in the global market. Additionally, the company might form strategic partnerships, joint ventures, or sell its interests in mineral properties to other mining firms, thereby generating income. The success of these activities largely depends on the company's ability to efficiently manage exploration projects, accurately assess mineral reserves, and navigate market demand and commodity prices.

Starr Peak Mining Financial Statement Overview

Summary

Starr Peak Mining faces significant financial challenges with no revenue and continuous losses. Despite a solid equity base with no debt, the lack of revenue generation and negative cash flows raise concerns about long-term viability. The reliance on external financing to cover operational shortfalls suggests potential liquidity risks.

Income Statement

Starr Peak Mining has consistently reported zero revenue, indicating a lack of operational income. The company has experienced significant net losses, with negative EBIT and EBITDA margins, reflecting operational inefficiencies and high costs relative to nonexistent revenue. There is also no revenue growth, which poses a significant challenge for financial improvement.

Balance Sheet

The company maintains a solid equity base with no debt, resulting in a favorable debt-to-equity ratio. However, the return on equity is negative due to persistent net losses. The equity ratio is relatively strong, indicating reliance on equity rather than liabilities for financing. While the balance sheet shows some stability, the lack of revenue and profits remains a significant concern.

Cash Flow

Operating cash flow is consistently negative, showing more cash outflows than inflows from operations. While free cash flow growth shows some improvement in recent periods, it remains negative, highlighting ongoing cash constraints. The company has relied heavily on financing activities to maintain liquidity, posing a risk if such funding sources are not sustainable.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00
	EBIT
-1.66M	-1.69M	-14.04M	-10.72M	-616.52K
	EBITDA
0.00	-1.71M	-12.88M	-10.36M	-286.33K
	Net Income Common Stockholders
-4.21M	-1.72M	-12.88M	-10.36M	-614.11K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
41.98K	1.11M	343.00K	5.31M	436.43K
	Total Assets
17.01M	18.20M	17.82M	23.62M	6.03M
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-30.20K	-1.10M	-336.47K	-5.30M	-428.79K
	Total Liabilities
2.91M	638.00K	3.47M	1.94M	135.55K
	Stockholders Equity
14.11M	17.56M	14.35M	21.67M	5.90M
Cash Flow		Free Cash Flow
-1.23M	-4.22M	-11.19M	-6.18M	-298.31K
	Operating Cash Flow
-1.23M	-4.22M	-11.14M	-6.08M	-298.31K
	Investing Cash Flow
0.00	0.00	-50.00K	-100.00K	0.00
	Financing Cash Flow
158.87K	4.99M	6.23M	11.05M	726.85K

Starr Peak Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.38
• 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:STE, the sentiment is Positive. The current price of 0.38 is below the 20-day moving average (MA) of 0.38, above the 50-day MA of 0.38, and above the 200-day MA of 0.37, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.42 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:STE.

Starr Peak Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	49 Neutral	$1.94B	-1.23	-21.28%	3.73%	1.19%	-29.73%
EMM	48 Neutral	C$23.32M	―	-42.34%	―	―	-55.00%
CD	46 Neutral	C$23.57M	―	-244.66%	―	―	-28.45%
TUK	46 Neutral	C$23.90M	―	-34.48%	―	243.57%	-251.80%
STE	38 Underperform	C$22.79M	―	-25.86%	―	―	-243.06%

Starr Peak Mining Corporate Events

Starr Peak Mining Secures $1.4 Million Investment for Quebec Exploration

Starr Peak Mining Ltd. has successfully closed a $1.4 million non-brokered private placement from a single strategic investor. The funds will be allocated towards exploration and drilling activities on the company’s Quebec properties, as well as for general working capital, pending approval from the TSX Venture Exchange.