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Sarama Resources
(SWA)
Sarama Resources (SWA) vs. S&P 500 (SPY)
Sarama Resources Business Overview & Revenue Model
Sarama Resources Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 0.00 | 0.00 | -4.05K | -2.18K | -2.28K | EBIT |
| -2.69M | -2.77M | -4.04M | -2.64M | -2.70M | EBITDA |
| -2.68M | -2.74M | -4.02M | -2.62M | -2.68M | Net Income Common Stockholders |
| -4.28M | -2.48M | -4.20M | -2.61M | -2.58M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.15M | 492.52K | 843.09K | 1.03M | 1.62M | Total Assets |
| 1.24M | 2.46M | 3.05M | 3.20M | 3.82M | Total Debt |
| 0.00 | 22.14K | 41.42K | 267.70K | 0.00 | Net Debt |
| -1.15M | -492.52K | -801.67K | -765.64K | -1.62M | Total Liabilities |
| 1.47M | 1.13M | 706.98K | 1.95M | 1.58M | Stockholders Equity |
| -233.00K | 1.33M | 2.35M | 1.24M | 2.24M |
| Cash Flow | Free Cash Flow | |||
| -1.32M | -1.90M | -5.06M | -2.10M | -2.34M | Operating Cash Flow |
| -1.32M | -1.90M | -4.97M | -2.10M | -2.34M | Investing Cash Flow |
| 212.34K | 40.75K | -97.85K | -2.75K | 158.20K | Financing Cash Flow |
| 1.85M | 1.54M | 5.22M | 1.55M | 1.50M |
Sarama Resources Technical Analysis
Sarama Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | C$631.79M | 6.58 | 27.12% | ― | 6.15% | 10.69% | |
66 Neutral | $5.90B | ― | -18.54% | 4.29% | -0.18% | -2195.85% | |
55 Neutral | $7.05B | 3.40 | -6.09% | 6.09% | -0.43% | -51.04% | |
54 Neutral | C$10.83M | ― | -835.74% | ― | ― | 3.72% | |
46 Neutral | C$165.29M | ― | -6.34% | ― | ― | -158.67% | |
45 Neutral | C$414.86M | ― | -109.44% | ― | ― | 10.27% |
Sarama Resources Corporate Events
Sarama Resources Ltd. has announced the grant of 8,250,000 Performance Share Units and Restricted Share Units to its employees and consultants as part of its annual compensation review. This move is in line with the company’s Equity Incentive Plan, which was approved by shareholders. Additionally, the company plans to issue up to 3,300,000 incentives to Andrew Dinning, pending shareholder approval. These equity incentives are designed to align employee and consultant interests with company performance, potentially impacting the company’s operational efficiency and stakeholder engagement.
Spark’s Take on TSE:SWA Stock
According to Spark, TipRanks’ AI Analyst, TSE:SWA is a Neutral.
Sarama Resources faces significant financial challenges with no revenue and negative equity, which weigh heavily on its overall stock score. However, positive short-term technical trends and recent strategic corporate events, such as acquisitions and equity placements, provide some potential upside. The valuation remains unattractive due to negative earnings and lack of dividends.
To see Spark’s full report on TSE:SWA stock, click here.
Sarama Resources Ltd. has announced the grant of 4,550,000 stock options to its directors following an annual compensation review. This move is part of the company’s stock option plan, which complies with ASX Listing Rule 7.2, exception 13(b), allowing the issuance of options without affecting the 15% threshold for equity securities. The options, which have an exercise price set above the recent trading prices, will vest immediately and are exercisable for three years, pending shareholder approval at the upcoming AGM in June 2025.
Sarama Resources Ltd. has executed a binding agreement to acquire a majority interest in the Mt Venn Gold Project, located in the Eastern Goldfields of Western Australia. This acquisition, alongside the recently acquired Cosmo Project, expands Sarama’s exploration footprint to 1,000km² in the Laverton Gold District, a region known for its significant gold deposits. The strategic acquisition enhances Sarama’s potential for future gold discoveries, supported by a favorable litho-structural setting and historical exploration data. The project is located near significant gold mines and deposits, and Sarama has secured a land access agreement with Traditional Owners, facilitating exploration activities.
Sarama Resources Ltd. has completed the issue of 13,132,706 Chess Depository Interests (CDIs) as a part of a Shares for Debt arrangement, allowing the company to partially settle deferred executive salaries and director fees. This issuance, which aligns with the Australian Securities Exchange Listing Rules and received necessary shareholder approval, will help reduce the company’s liabilities and involves a related party transaction under Canadian regulations.
Sarama Resources Ltd. has successfully completed the second and final tranche of its A$2 million equity placement. The completion of this tranche involved the issuance of unlisted options and broker options, following shareholder approval. The funds raised from this placement will be allocated towards exploration activities and general corporate purposes. This strategic move supports Sarama’s operational goals without incurring additional fees or obligations to insiders and is pending final approval from the TSX Venture Exchange.
Sarama Resources Ltd. has launched a significant multi-stage soil geochemistry program at its Cosmo Gold Project in the Eastern Goldfields of Western Australia. This marks the first major exploration effort in decades, aimed at generating drill targets. The initiative follows Sarama’s recent acquisition of a controlling interest in both the Cosmo and Mt Venn projects, expanding its exploration footprint to 1,000km². The program is poised to capitalize on the area’s underexplored potential, leveraging changes in land access to recommence modern exploration efforts.