Skyharbour Resources Ltd (TSE:SYH)
:SYH
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Skyharbour Resources
(SYH)
Select Model
Select Model
Rating:47Neutral
Price Target:
C$0.38
▼(-18.30% Downside)
Action:ReiteratedDate:04/01/26
The score is held back primarily by a pre-revenue, loss-making operating profile and negative free cash flow despite improving operating cash flow. Technical signals are bearish (below key moving averages with negative MACD). The balance sheet (no debt, rising equity) is the main stabilizing factor, while valuation is constrained by negative earnings and no dividend data.
Positive Factors
Project-generator strategy
Skyharbour’s project-generator model structurally reduces its direct capital requirements by securing partner-funded exploration and option/JV consideration. This conserves cash, expands the portfolio via third-party capital, and creates optionality for royalties or retained interests if discoveries advance.
Negative Factors
Pre-revenue business
Operating with no production revenue means Skyharbour must rely on external financing, partner deals, or asset transactions for cash. This structurally ties value realization to exploration success and commodity cycles, limiting predictability of income and extending path to durable profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Project-generator strategy
Skyharbour’s project-generator model structurally reduces its direct capital requirements by securing partner-funded exploration and option/JV consideration. This conserves cash, expands the portfolio via third-party capital, and creates optionality for royalties or retained interests if discoveries advance.
Read all positive factors
Skyharbour Resources (SYH) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$99.69M
Dividend YieldN/A
Average Volume (3M)882.30K
Price to Earnings (P/E)―
Beta (1Y)2.21
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees15
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding212,095,810
10 Day Avg. Volume887,116
30 Day Avg. Volume882,303
Financial Highlights & Ratios
PEG Ratio1.01
Price to Book (P/B)2.62
Price to Sales (P/S)0.00
P/FCF Ratio-23.47
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$1.16Price Target Upside146.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Skyharbour Resources Business Overview & Revenue Model
Company Description
Skyharbour Resources Ltd., a uranium and thorium exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Saskatchewan, Canada. The company's flagship project is the Moore Lake Uranium project covering ...
How the Company Makes Money
Skyharbour Resources is primarily an exploration-stage company, so it generally does not generate recurring operating revenue from producing mines. Its economic model is centered on (1) advancing its wholly owned uranium exploration projects to in...
Skyharbour Resources Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
74
Positive
Cash Flow
42
Neutral
| 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 | -1.49K | -874.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -4.16M | -105.50K | -4.87M | -5.11M | -2.78M | -1.68M |
| Net Income | -17.20K | -106.98K | -4.81M | -5.11M | -2.78M | -872.03K |
Balance Sheet | ||||||
| Total Assets | 41.67M | 41.47M | 33.43M | 24.59M | 23.01M | 16.08M |
| Cash, Cash Equivalents and Short-Term Investments | 11.54M | 7.72M | 6.65M | 5.44M | 8.16M | 5.63M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 503.11K | 1.34M | 2.17M | 751.19K | 464.91K | 94.79K |
| Stockholders Equity | 41.16M | 40.13M | 31.25M | 23.84M | 22.55M | 15.98M |
Cash Flow | ||||||
| Free Cash Flow | -1.18M | -1.17M | -3.49M | -6.87M | -7.34M | -3.00M |
| Operating Cash Flow | 2.27M | -1.17M | -3.48M | -3.31M | -3.28M | -1.81M |
| Investing Cash Flow | -9.97M | -11.32M | -3.88M | -2.73M | -3.64M | -1.06M |
| Financing Cash Flow | 1.64M | 9.95M | 10.18M | 4.53M | 8.13M | 5.65M |
Skyharbour Resources Technical Analysis
Positive
0.47
Price Trends
0.49
Negative
0.45
Positive
0.40
Positive
Market Momentum
>-0.01
Negative
52.54
Neutral
74.24
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SYH, the sentiment is Positive. The current price of 0.47 is above the 20-day moving average (MA) of 0.44, below the 50-day MA of 0.49, and above the 200-day MA of 0.40, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.54 is Neutral, neither overbought nor oversold. The STOCH value of 74.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SYH.
Skyharbour Resources Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | C$63.96M | -60.96 | -3.27% | ― | ― | ― | |
47 Neutral | C$99.69M | -31.79 | -0.04% | ― | ― | ― | |
46 Neutral | C$99.49M | -16.41 | -82.13% | ― | ― | -89.71% | |
42 Neutral | C$160.68M | -7.61 | -63.90% | ― | ― | -69.65% | |
42 Neutral | C$84.03M | -0.27 | -265.40% | ― | ― | 62.30% | |
40 Underperform | C$83.96M | -1,508.00 | -50.65% | ― | ― | 62.70% |
* General Sector Average
TSE:SYH
Skyharbour Resources
0.49
0.20
67.24%
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TSE:PGE
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70.27%
Skyharbour Resources Corporate Events
Business Operations and Strategy
Skyharbour launches 2026 drill program at Moore Uranium after securing renewed permit
Positive
Apr 1, 2026
Skyharbour Resources has begun a multi-phased 2026 diamond drill campaign at its 100%-owned Moore Uranium Project in Saskatchewan, planning 8,000 to 10,000 metres of drilling along the Maverick Trend and other regional targets under a newly renewe...
Business Operations and StrategyExecutive/Board Changes
Skyharbour bolsters board, CFO seat and marketing as major Athabasca drilling ramps up
Positive
Mar 25, 2026
Skyharbour Resources has strengthened its leadership team with the appointment of veteran mining and uranium analyst Rob Chang as an independent director and long-time director and CPA Amanda Chow as chief financial officer, while former CFO Jim P...
Business Operations and Strategy
Skyharbour and Denison Launch Major 2026 Drill Program at Wheeler North JV
Positive
Mar 9, 2026
Skyharbour Resources announced that joint venture partner Denison Mines has launched the 2026 winter drill program at the newly formed Wheeler North Joint Venture in northern Saskatchewan. The initial phase comprises about 2,500 metres of diamond ...
Business Operations and Strategy
Skyharbour Targets Greater Investor Visibility with Dual Vancouver Conference Push
Positive
Jan 23, 2026
Skyharbour Resources is stepping up its investor outreach with a presence at two major Vancouver mining conferences in January 2026, aiming to highlight its Athabasca Basin uranium portfolio to a broad audience of resource investors. The company w...
Business Operations and Strategy
Skyharbour and Denison Launch Major 2026 Drill Campaign at Russell Lake Uranium JVs
Positive
Jan 22, 2026
Skyharbour Resources has announced a major 2026 exploration campaign across its newly reorganized Russell Lake uranium joint ventures with Denison Mines in Saskatchewan’s eastern Athabasca Basin, planning more than 15,000 metres of diamond d...
Business Operations and Strategy
Skyharbour Hits High-Grade Uranium at Moore and Unveils New Nomad Target Zone
Positive
Jan 14, 2026
Skyharbour Resources reported strong 2025 drilling results from its wholly owned Moore Uranium Project in Saskatchewan, highlighted by high-grade uranium mineralization at the Main Maverick Zone, where hole ML25-15 returned 4.84% U3O8 over 4.4 met...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.