Northern Superior Resources (SUP) AI Stock Analysis

• Market Cap: C$94.27M
• Dividend Yield: N/A
• Average Volume (3M): 122.15K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.33
• Revenue Growth: N/A
• EPS Growth: -205.11%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Gold
• EPS (TTM): -0.04
• Shares Outstanding: 165,377,900
• 10 Day Avg. Volume: 111,989
• 30 Day Avg. Volume: 122,154
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): 356.70
• 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

Northern Superior Resources is in a challenging position, reflected by its lack of revenue and ongoing financial losses. While the company is debt-free and strategically recalibrating its board structure, it heavily relies on external funding. Technically, the stock shows bearish indicators, and valuation metrics are unattractive. These factors, especially the financial challenges, heavily influence the overall low score.

Northern Superior Resources Business Overview & Revenue Model

Company Description

Northern Superior Resources Inc. is a Canadian-based exploration company focused on the discovery and development of gold and diamond resources in Canada. The company primarily operates in the mineral exploration sector, targeting underexplored regions with high potential for significant mineral deposits. Northern Superior Resources is committed to advancing its core exploration projects through strategic partnerships and innovative exploration techniques.

How the Company Makes Money

Northern Superior Resources makes money through the exploration and development of mineral properties with the potential for economically viable gold and diamond deposits. The company generates revenue primarily through the sale or joint venture of its mineral exploration projects. By conducting geological assessments and drilling programs, Northern Superior Resources aims to increase the value of its properties and attract investment from larger mining companies. The company's revenue streams may also include option agreements, where other companies pay for the right to explore and potentially develop its properties, and potential future royalties from any successful mining operations on its projects.

Northern Superior Resources Financial Statement Overview

Summary

Northern Superior Resources is in the exploration phase, reflected by its lack of revenue and ongoing financial losses. The balance sheet shows no debt, which is a strength, but the company relies heavily on financing activities to support its negative operating cash flow. The financial health will depend on successful exploration outcomes and future revenue generation capabilities.

Income Statement

The company has reported zero revenue consistently, indicating a lack of sales activity typical in the mining exploration phase. The negative EBIT and net income reflect ongoing operational losses, common in early-stage mining companies. Gross profit is negative, further highlighting the lack of revenue generation capabilities at this stage.

Balance Sheet

The company maintains a debt-free status, which is positive for financial stability. However, the significant liabilities relative to equity suggest potential liquidity challenges. The equity ratio shows a strong reliance on shareholder funds, typical for companies in the exploration phase without revenue.

Cash Flow

Negative operating cash flow reflects the company's pre-revenue exploration activities. The free cash flow is also negative but shows some improvement due to capital raising activities, as indicated by positive financing cash flow. This highlights the company's dependence on external funding for its operations.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-6.26K	-15.26K	-10.95K	0.00	0.00	0.00
	EBIT
-4.26M	-5.26M	1.84M	-1.76M	-1.48M	-1.06M
	EBITDA
-6.36M	-5.28M	-30.45M	-1.31M	-1000.00K	-800.98K
	Net Income Common Stockholders
-6.49M	-6.00M	1.66M	-1.28M	-979.74K	-785.22K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.27M	2.46M	1.44M	11.96M	9.74M	431.16K
	Total Assets
9.49M	3.37M	51.07M	24.85M	19.14M	8.62M
	Total Debt
0.00	0.00	79.79K	0.00	0.00	0.00
	Net Debt
-2.27M	-2.08M	-1.36M	-11.96M	-9.73M	-429.16K
	Total Liabilities
443.67K	758.90K	6.73M	3.54M	2.11M	138.83K
	Stockholders Equity
9.04M	2.61M	44.34M	21.30M	17.03M	8.48M
Cash Flow		Free Cash Flow
-2.02M	-5.26M	-1.83M	-4.27M	-1.85M	-1.82M
	Operating Cash Flow
-4.71M	-5.26M	-1.83M	-1.00M	-729.33K	-842.67K
	Investing Cash Flow
5.57M	422.00K	-8.72M	-3.27M	-1.12M	-978.88K
	Financing Cash Flow
7.15M	5.47M	27.87K	6.50M	11.15M	-17.80K

Northern Superior Resources Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.54
• 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:SUP, the sentiment is Neutral. The current price of 0.54 is above the 20-day moving average (MA) of 0.52, above the 50-day MA of 0.49, and above the 200-day MA of 0.51, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 69.25 is Neutral, neither overbought nor oversold. The STOCH value of 73.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:SUP.

Northern Superior Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LIO	55 Neutral	C$89.33M	―	-12.04%	―	3111.09%	-120.48%
PRB	52 Neutral	C$352.06M	―	-109.44%	―	―	2.31%
SGC	49 Neutral	C$8.30M	―	-156.70%	―	―	82.35%
GQC	48 Neutral	C$164.82M	―	-26.93%	―	―	25.41%
Sector *	47 Neutral	$2.64B	-3.21	-21.68%	3.30%	4.19%	-30.23%
SUP	32 Underperform	C$94.27M	―	-21.33%	―	―	-205.11%
BTR	31 Underperform	C$36.72M	―	-91.29%	―	―	7.15%

Northern Superior Resources Corporate Events

Northern Superior Resources Recalibrates Board to Original Size

Northern Superior Resources Inc. has announced a recalibration of its Board of Directors back to its original size of seven members following the resignation of François Perron. This change underlines the company’s ongoing strategic adjustments and showcases their commitment to maintaining a streamlined leadership structure, potentially impacting decision-making processes and stakeholder relationships positively.

Northern Superior Expands with Manitoba Acquisitions

Northern Superior Resources has announced the successful acquisition by ONGold Resources of the Monument Bay and Domain Projects in Manitoba, with Northern Superior holding a 62% equity stake in ONGold. The Monument Bay project offers significant gold and tungsten potential, enhancing ONGold’s exploration portfolio in Northern Ontario. This acquisition marks a significant step in ONGold’s strategy to become a leading junior explorer in Northern Canada’s Stull Lake Greenstone belt.

Northern Superior Resources Updates on AGM and Incentives

Northern Superior Resources has posted materials for its upcoming Annual General Meeting online due to a postal strike, ensuring shareholders can access them conveniently. The company has also granted Deferred Share Units to directors under its Equity Incentive Plan, highlighting its ongoing corporate development. Shareholders are encouraged to access voting information and financial documents through provided online platforms.

Northern Superior Expands with Key Manitoba Acquisitions

Northern Superior Resources announces that its subsidiary, ONGold Resources, is set to acquire the Monument Bay and Domain Gold Projects in Manitoba, enhancing its exploration portfolio. The acquisition involves a mix of cash, shares, and contingent payments, aiming to establish ONGold as a leading junior explorer in Northern Canada.