Golden Tag Resources (SVRS) AI Stock Analysis

• Market Cap: C$423.51M
• Dividend Yield: N/A
• Average Volume (3M): 1.81M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.04
• Revenue Growth: N/A
• EPS Growth: -175.76%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Silver
• EPS (TTM): -0.01
• Shares Outstanding: 743,000,000
• 10 Day Avg. Volume: 1,330,274
• 30 Day Avg. Volume: 1,806,771
• PEG Ratio: 0.07
• Price to Book (P/B): 2.36
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.09
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: C$0.52 ▲(0.98% Upside)

The score is primarily held back by weak financial performance (no revenue, widening losses, and ongoing cash burn), despite a low-debt balance sheet. Technicals are a positive with strong trend strength, though overbought signals increase pullback risk. Valuation is constrained by negative earnings and no dividend, while recent financing and restart-progress corporate events provide a moderate positive catalyst.

Positive Factors

Low leverage / conservative capital structure

A very low debt load materially reduces refinancing and interest-rate risk during the multi‑year development cycle. This structural strength preserves strategic optionality to fund exploration or capex via equity, offtake, or project financing without heavy near-term cashflow strain.

Prepaid offtake financing accelerates restart

A US$7M prepaid offtake is a durable financing construct that reduces near‑term funding pressure and ties a buyer to production. Coupled with ordered underground fleet and ventilation upgrades, it materially improves the feasibility and timeline of bringing La Parrilla into revenue generation.

Expanded asset and equity base

A larger asset and equity base provides more collateral and operational capacity for project development. It indicates successful prior financings or capital injections, which structurally increase the company’s ability to advance exploration, secure contractors, and absorb development costs before first production.

Negative Factors

No revenue and widening net losses

Sustained zero revenue and increasing net losses reflect an inability to self‑fund development and prolong reliance on external capital. Over months, this erodes shareholder value, raises dilution risk, and leaves project timelines conditional on raising new financing rather than operating cashflows.

Persistent negative operating and free cash flow

Consistent cash burn is a durable constraint: ongoing negative OCF and FCF mean the company must continually seek external financing to progress projects. This increases funding costs and execution uncertainty, potentially delaying development and increasing the probability of dilution or asset sales.

Negative returns on equity and execution risk

Meaningfully negative ROE signals capital destruction from current operations and exploration spending. Combined with the need to transition from exploration to production, this structural weakness raises the hurdle for future capital raises and increases investor scrutiny on management's execution capability.

Golden Tag Resources Business Overview & Revenue Model

Company Description

Silver Storm Mining Ltd., a mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties. The company explores for silver, zinc, copper, lead, and gold deposits. It holds a 100% interest in the San Diego property that consists of 4 mining concessions covering an area of 91.65 hectares located in Durango State, Mexico. The company was formerly known as Golden Tag Resources Ltd. and changed its name to Silver Storm Mining Ltd. in November 2023. Silver Storm Mining Ltd. was incorporated in 1995 and is headquartered in Toronto, Canada.

How the Company Makes Money

Golden Tag Resources generates revenue through the exploration and development of its mineral properties, primarily targeting silver deposits. The company's main revenue streams include selling extracted minerals to metal markets and entering into joint ventures or partnerships with other mining companies to leverage additional resources for exploration and production. Significant factors contributing to the company's earnings include fluctuations in silver prices, successful exploration outcomes, and strategic partnerships that enhance operational capabilities and access to capital.

Golden Tag Resources Financial Statement Overview

Summary

Golden Tag Resources is in a high-risk financial position, typical of a mining exploration company with no revenue and significant operational losses. The balance sheet is relatively stable with low leverage, but liquidity concerns loom due to sustained negative cash flows.

Income Statement

Golden Tag Resources has reported no revenue over the last several years, indicating a pre-revenue stage typical for exploration companies in the mining industry. The consistent negative EBIT and net income highlight ongoing operational and financial challenges, with no signs of profitability. The lack of revenue growth is a major concern, impacting the overall financial health of the company.

Balance Sheet

The company's balance sheet shows a moderate level of equity relative to total assets, with an equity ratio of 47% in 2023. However, the low total debt level is a positive aspect, reducing leverage-related risks. The declining trend in cash equivalents and increasing liabilities over time suggest potential liquidity challenges.

Cash Flow

Golden Tag Resources faces significant cash flow difficulties, as evidenced by negative operating and free cash flows in recent years. The company relies heavily on financing activities to support its operations, which may not be sustainable in the long term. The lack of operating cash flow to net income ratio points to inefficiencies in converting income to cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	3.04M	-447.81K	-516.16K	-1.15M	-2.23M	-246.61K
EBITDA	-13.15M	-12.14M	-16.08M	-3.27M	-4.68M	-5.13M
Net Income	-15.21M	-13.95M	-16.37M	-2.88M	-4.80M	-5.14M
Balance Sheet
Total Assets	66.44M	34.37M	24.87M	7.09M	6.55M	8.90M
Cash, Cash Equivalents and Short-Term Investments	30.31M	2.40M	4.50M	6.65M	6.37M	8.58M
Total Debt	1.19M	1.20M	1.05M	0.00	0.00	0.00
Total Liabilities	13.92M	15.85M	13.13M	441.48K	760.14K	778.50K
Stockholders Equity	50.89M	18.51M	19.34M	6.65M	5.79M	8.12M
Cash Flow
Free Cash Flow	-11.93M	-8.59M	-8.96M	-3.56M	-4.66M	-1.60M
Operating Cash Flow	-8.87M	-8.52M	-7.09M	-3.56M	-4.66M	-1.60M
Investing Cash Flow	4.51M	507.84K	-68.21K	0.00	93.02K	21.40K
Financing Cash Flow	32.57M	9.16M	6.79M	3.87M	2.48M	8.72M

Golden Tag Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.51
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SVRS, the sentiment is Positive. The current price of 0.51 is below the 20-day moving average (MA) of 0.53, above the 50-day MA of 0.39, and above the 200-day MA of 0.23, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 64.00 is Neutral, neither overbought nor oversold. The STOCH value of 57.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SVRS.

Golden Tag Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KUYA	58 Neutral	C$129.17M	-14.43	-20.00%	―	―	21.09%
KTN	57 Neutral	C$201.98M	-29.09	-11.69%	―	―	-0.78%
ZAC	57 Neutral	C$32.36M	-6.43	-7.84%	―	―	-134.18%
SVRS	52 Neutral	C$423.51M	-20.88	-43.69%	―	―	-175.76%
GSVR	52 Neutral	C$517.81M	-19.12	-111.62%	―	5.58%	50.96%
SVE	52 Neutral	C$241.22M	-91.21	-5.64%	―	―	13.33%

Golden Tag Resources Corporate Events

Silver Storm Mining Upgrades U.S. Listing to OTCQX Best Market

Silver Storm Mining has upgraded its U.S. trading status, with its shares now quoted on the OTCQX Best Market under the symbol SVRSF, while maintaining listings on the TSX Venture Exchange and Frankfurt Stock Exchange. Management says the move should enhance visibility with U.S. investors and improve share liquidity, reinforcing the company’s efforts to advance and potentially restart operations at its La Parrilla Silver Mine Complex, a key asset in its Mexican silver portfolio.

The most recent analyst rating on (TSE:SVRS) stock is a Hold with a C$0.52 price target. To see the full list of analyst forecasts on Golden Tag Resources stock, see the TSE:SVRS Stock Forecast page.

Silver Storm Starts 6,000 m Drill Program at La Parrilla Silver Mine in Mexico

Silver Storm Mining Ltd. has launched a 6,000-metre underground drilling campaign at its wholly owned La Parrilla Silver Mine Complex in Durango, Mexico, targeting the Quebradillas, San Marcos and Rosarios mines to support an internal mine plan and expand Indicated and Inferred resources ahead of a potential restart of operations in 2026. The program, which includes detailed step-out and infill drilling across multiple mineralized zones and is expected to be followed by an additional 4,000 metres of drilling and broader surface exploration, underscores the company’s strategy to re-establish La Parrilla as a producing asset and advance multiple targets within the district, with implications for future production capacity and resource growth.

The most recent analyst rating on (TSE:SVRS) stock is a Hold with a C$0.54 price target. To see the full list of analyst forecasts on Golden Tag Resources stock, see the TSE:SVRS Stock Forecast page.

Silver Storm Orders Underground Fleet and Ventilation Upgrades for La Parrilla Restart

Silver Storm Mining has ordered all critical underground mining equipment and ventilation infrastructure needed to support renewed activity at its wholly owned La Parrilla Silver Mine Complex in Durango, Mexico, marking a key step toward a potential restart of operations in 2026. The plan includes the purchase of ten new units of underground mining equipment—haulage trucks, scooptrams, and development and production drills—from China’s Jiangxi Siton, the rehabilitation of existing Sandvik haulage and loading equipment, and the installation of new high-capacity Howden ventilation fans and 15 auxiliary units to improve safety and efficiency underground. Together, these investments bolster the mine’s operational readiness, reinforce Silver Storm’s focus on safety and productivity, and position the company to advance La Parrilla back into production, which could be significant for its growth trajectory and for stakeholders exposed to Mexican silver production.

Silver Storm Secures $7M Financing for La Parrilla Mine Rehabilitation

Silver Storm Mining Ltd. has successfully drawn US$7.0 million from a Prepaid Offtake Financing Facility with Samsung C&T, which will support the rehabilitation of its La Parrilla Silver Mine Complex and general corporate purposes. This financial move is expected to enhance Silver Storm’s growth plans and strengthen its partnership with Samsung C&T, a leader in commodity trading, allowing Samsung the right to purchase 100% of the concentrates produced at La Parrilla for two years.

Silver Storm Secures $7M Financing from Samsung C&T

Silver Storm Mining Ltd. has completed the drawdown of a US$7.0 million Prepaid Offtake Facility with Samsung C&T, which will provide financial flexibility for the company’s growth plans. The funds will be used for rehabilitation activities at the La Parrilla Silver Mine Complex and for general corporate purposes. This agreement strengthens Silver Storm’s partnership with Samsung C&T and grants Samsung the right to purchase 100% of the Lead-Silver and Zinc concentrates produced at La Parrilla for two years.

Silver Storm Mining Ltd. Announces Auditor Change

Silver Storm Mining Ltd. has announced a change in its auditing firm, transitioning from Dale Matheson Carr-Hilton Labonte LLP to BDO Canada LLP, effective October 13, 2025. This change, approved by the Board of Directors, is part of the company’s ongoing efforts to maintain transparency and compliance in its financial reporting, with no reservations or reportable events noted by the former auditor.

Silver Storm Initiates Rehabilitation at La Parrilla Mine

Silver Storm Mining Ltd., a company focused on silver mining, has commenced rehabilitation activities at its La Parrilla Silver Mine Complex in Durango State, Mexico. The company has engaged Dynamic Engineering to rehabilitate the processing plant, with plans to expand the sulphide circuit to 1,250 tonnes per day. This initiative marks a significant step towards restarting operations by the second quarter of 2026, aiming to enhance shareholder value and benefit local communities.