tiprankstipranks
Trending News
More News >
Skyharbour Resources Ltd (TSE:SYH)
:SYH

Skyharbour Resources (SYH) AI Stock Analysis

Compare
51 Followers

Top Page

TSE:SYH

Skyharbour Resources

(SYH)

Select Model
Select Model
Select Model
Neutral 60 (OpenAI - 5.2)
Rating:60Neutral
Price Target:
C$0.47
▲(7.50% Upside)
The score is driven primarily by solid balance-sheet positioning (no debt) but held back by weak operating fundamentals (no revenue, ongoing operating losses and negative free cash flow). Technicals are supportive with a clear uptrend, while valuation is a notable headwind due to the very high P/E. Positive corporate events add support via project consolidation and strategic partnerships that can fund/accelerate exploration.
Positive Factors
Strategic Partnerships
Partnerships with companies like Terra Clean Energy enhance exploration capabilities and reduce financial risk, strengthening long-term project development.
Successful Drilling Results
Successful drilling results expand mineralized footprint, adding value to projects and enhancing potential for future uranium production.
Community Engagement
Collaboration with local communities fosters positive relations and supports strategic exploration efforts, potentially easing regulatory processes.
Negative Factors
Lack of Revenue
The absence of revenue generation poses significant challenges, limiting cash flow and increasing reliance on external financing for sustainability.
Operational Losses
Ongoing operational losses highlight financial strain, requiring effective management of exploration costs to ensure long-term viability.
Negative Cash Flows
Negative cash flows indicate a need for continuous external funding, which can be challenging and may limit future operational flexibility.

Skyharbour Resources (SYH) vs. iShares MSCI Canada ETF (EWC)

Skyharbour Resources Business Overview & Revenue Model

Company DescriptionSkyharbour 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 35,705 hectares located on the eastern portion of the Athabasca Basin. The company was formerly known as Skyharbour Developments, Ltd. and changed its name to Skyharbour Resources Ltd. in October 2002. Skyharbour Resources Ltd. was incorporated in 1970 and is headquartered in Vancouver, Canada.
How the Company Makes MoneySkyharbour Resources makes money through the exploration and development of its mineral properties, particularly uranium, which is a critical component in nuclear energy production. The company generates revenue by advancing its projects to increase their value and through strategic partnerships, joint ventures, and option agreements with other mining and exploration companies. These partnerships often involve other companies investing capital to explore and develop Skyharbour's projects, providing liquidity and reducing financial risk for Skyharbour. Additionally, as the projects become more developed and potentially move towards production, Skyharbour may earn revenue from the sale of uranium or by licensing its exploration data and findings.

Skyharbour Resources Financial Statement Overview

Summary
Skyharbour Resources demonstrates financial stability through a strong equity position and no debt, typical of exploration stage companies. However, the lack of revenue generation and persistent operational losses due to exploration activities result in a low financial performance score.
Income Statement
28
Negative
Skyharbour Resources has consistently reported zero total revenue, leading to negative gross profit, EBIT, and net income figures. The absence of revenue growth and persistent losses indicate significant challenges in generating income, typical for exploration stage mining companies.
Balance Sheet
76
Positive
The company maintains a healthy equity position with no debt, resulting in a strong equity ratio. However, the persistent negative net income impacts return on equity. The high equity and low liabilities suggest financial stability but highlight the need for effective capital utilization.
Cash Flow
45
Neutral
The negative operating and free cash flows reflect the company's ongoing cash burn, common in exploration-focused firms. While financing cash flow is positive, indicating successful capital raising, the inability to generate positive free cash flow poses a risk to long-term sustainability without continued external financing.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit0.00-1.49K-874.000.000.000.00
EBITDA-3.95M-105.50K-4.87M-5.11M-2.78M-1.68M
Net Income796.23K-106.98K-4.81M-5.11M-2.78M-872.03K
Balance Sheet
Total Assets41.27M41.47M33.43M24.59M23.01M16.08M
Cash, Cash Equivalents and Short-Term Investments4.09M7.72M6.65M5.44M8.16M5.63M
Total Debt0.000.000.000.000.000.00
Total Liabilities731.35K1.34M2.17M751.19K464.91K94.79K
Stockholders Equity40.54M40.13M31.25M23.84M22.55M15.98M
Cash Flow
Free Cash Flow-1.11M-1.17M-3.49M-6.87M-7.34M-3.00M
Operating Cash Flow2.33M-1.17M-3.48M-3.31M-3.28M-1.81M
Investing Cash Flow-13.08M-11.32M-3.88M-2.73M-3.64M-1.06M
Financing Cash Flow9.26M9.95M10.18M4.53M8.13M5.65M

Skyharbour Resources Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.44
Price Trends
50DMA
0.38
Positive
100DMA
0.39
Positive
200DMA
0.35
Positive
Market Momentum
MACD
0.02
Positive
RSI
58.02
Neutral
STOCH
34.86
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 0.44 is above the 20-day moving average (MA) of 0.42, above the 50-day MA of 0.38, and above the 200-day MA of 0.35, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 58.02 is Neutral, neither overbought nor oversold. The STOCH value of 34.86 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

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
60
Neutral
C$90.53M111.252.21%
52
Neutral
C$147.57M-13.86-120.57%-89.71%
51
Neutral
C$49.94M-47.73-3.86%
50
Neutral
C$108.21M-42.03-50.65%62.70%
49
Neutral
C$165.01M-8.14-68.08%-69.65%
44
Neutral
C$120.60M-0.69-49.48%62.30%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:SYH
Skyharbour Resources
0.45
0.09
23.61%
TSE:CVV
CanAlaska Uranium
0.71
-0.13
-15.48%
TSE:ESK
Eskay Mining
0.58
0.41
241.18%
TSE:ELBM
Electra Battery Materials Corp
1.25
-0.85
-40.48%
TSE:NMI
Namibia Critical Metals Inc
0.21
0.18
500.00%
TSE:PGE
Group Ten Metals
0.46
0.34
283.33%

Skyharbour Resources Corporate Events

Business Operations and Strategy
Skyharbour Expands Athabasca Basin Uranium Portfolio to Over 662,000 Hectares Through New Claim Staking
Positive
Jan 8, 2026

Skyharbour Resources has expanded its uranium land position in Saskatchewan’s Athabasca Basin through the low-cost staking of 40 new exploration claims, increasing its total portfolio to 662,887 hectares across 43 projects. The newly acquired 64,913 hectares, which include the Carter North, Rover, East Dufferin, Brustad, 914, Elevator, Pendleton, Yurchison, Tarku and South Dufferin projects, enhance Skyharbour’s exposure to highly prospective ground along major conductive corridors near world-class uranium deposits such as NexGen’s Arrow and Fission’s Triple R. While the company remains focused on advancing its Russell Lake and Moore flagship assets, these new 100%-owned claims will be folded into its prospect generator business, signaling a strategy to leverage partnerships to unlock value from a larger, district-scale footprint in a top-tier uranium jurisdiction.

The most recent analyst rating on (TSE:SYH) stock is a Hold with a C$0.47 price target. To see the full list of analyst forecasts on Skyharbour Resources stock, see the TSE:SYH Stock Forecast page.

Business Operations and StrategyM&A Transactions
Skyharbour Completes Acquisition to Fully Consolidate Russell Lake Uranium Project
Positive
Dec 17, 2025

Skyharbour Resources Ltd. has announced the acquisition of Rio Tinto Exploration Canada Inc.’s minority stake, consolidating 100% interest in the Russell Lake Uranium Project in Saskatchewan’s Athabasca Basin. The completion of this C$10 million transaction enhances Skyharbour’s strategic positioning, granting full control over the advanced-stage project with significant accessibility and exploration potential, underscoring its intent to boost its uranium exploration capacity and industry footprint.

The most recent analyst rating on (TSE:SYH) stock is a Buy with a C$1.12 price target. To see the full list of analyst forecasts on Skyharbour Resources stock, see the TSE:SYH Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Skyharbour Secures Strategic $61.5M Partnership with Denison Mines for Uranium Exploration
Positive
Dec 17, 2025

Skyharbour Resources has solidified a significant strategic transaction with Denison Mines, a prominent uranium mining company, to establish four joint ventures at the Russell Lake Uranium Project. With potential total project consideration of CAD $61.5 million, the agreement will accelerate exploration efforts while minimizing dilution for Skyharbour shareholders. Partnering with a multi-billion dollar industry leader, Denison, this deal strengthens Skyharbour’s position in the uranium sector through shared expertise and substantial funding commitments, paving the way for advancing high-potential exploration in the prospective Athabasca Basin.

The most recent analyst rating on (TSE:SYH) stock is a Buy with a C$1.12 price target. To see the full list of analyst forecasts on Skyharbour Resources stock, see the TSE:SYH Stock Forecast page.

Business Operations and Strategy
Skyharbour and Orano to Launch Extensive 2026 Exploration at Preston Uranium Project
Positive
Dec 9, 2025

Skyharbour Resources Ltd. and its joint-venture partner Orano Canada Inc. have announced an extensive exploration and drilling program for 2026 at the Preston Uranium Project in Saskatchewan. The program aims to build on previous successful exploration results and includes an Airborne Gravity Gradiometry survey and a summer drilling campaign of approximately 3,500 meters. These efforts are expected to advance the geological understanding of the project, identify new high-quality drill targets, and enhance the project’s potential for uranium mineralization, thereby strengthening Skyharbour’s position in the uranium exploration sector.

The most recent analyst rating on (TSE:SYH) stock is a Buy with a C$1.12 price target. To see the full list of analyst forecasts on Skyharbour Resources stock, see the TSE:SYH Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Skyharbour Resources Secures $2.1 Million for Uranium Exploration
Positive
Dec 5, 2025

Skyharbour Resources Ltd. announced the successful closing of a CAD $2.1 million private placement of flow-through shares, primarily subscribed by strategic institutional investors. The funds will support the company’s 2026 exploration campaign, focusing on its Russell and Moore Lake Uranium Projects. This financing reflects Skyharbour’s ongoing efforts to advance its exploration initiatives and strengthen its position in the uranium market, potentially benefiting stakeholders through increased project development and exploration activities.

The most recent analyst rating on (TSE:SYH) stock is a Buy with a C$1.12 price target. To see the full list of analyst forecasts on Skyharbour Resources stock, see the TSE:SYH Stock Forecast page.

Business Operations and Strategy
Skyharbour Resources Engages EMC for Strategic Marketing Campaign
Positive
Nov 21, 2025

Skyharbour Resources has engaged Emerging Markets Consulting LLC for a 12-month marketing and investor awareness campaign, starting November 20, 2025, for a fee of USD $200,000. This collaboration aims to enhance Skyharbour’s corporate visibility and investor outreach through EMC’s established marketing channels and networks, potentially strengthening its market position and stakeholder engagement.

The most recent analyst rating on (TSE:SYH) stock is a Buy with a C$1.01 price target. To see the full list of analyst forecasts on Skyharbour Resources stock, see the TSE:SYH Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Skyharbour and Denison Mines Forge Strategic Joint Ventures at Russell Lake
Positive
Nov 17, 2025

Skyharbour Resources has entered a strategic agreement with Denison Mines to form four joint ventures at the Russell Lake Uranium Project, with a potential combined project consideration of up to $61.5 million. This partnership allows Denison to acquire a significant interest in the project, enhancing Skyharbour’s financial and operational capabilities while leveraging Denison’s expertise in uranium exploration and development. The agreement is expected to significantly impact Skyharbour’s operations by providing substantial funding and strategic collaboration, positioning the company strongly in the uranium exploration sector.

The most recent analyst rating on (TSE:SYH) stock is a Buy with a C$1.01 price target. To see the full list of analyst forecasts on Skyharbour Resources stock, see the TSE:SYH Stock Forecast page.

Business Operations and StrategyM&A Transactions
Skyharbour Resources Consolidates Full Ownership of Russell Lake Uranium Project
Positive
Nov 17, 2025

Skyharbour Resources Ltd. has entered into a definitive agreement to acquire Rio Tinto Exploration Canada Inc.’s minority interest in the Russell Lake Uranium Project, consolidating its ownership to 100%. This acquisition, valued at C$10 million, enhances Skyharbour’s strategic positioning in the Eastern Athabasca Basin, creating a large contiguous block of uranium claims. The Russell Lake Project, strategically located between major uranium projects, offers significant exploration potential with several notable targets. The consolidation is expected to strengthen Skyharbour’s operational capabilities and market position in the uranium industry.

The most recent analyst rating on (TSE:SYH) stock is a Buy with a C$1.01 price target. To see the full list of analyst forecasts on Skyharbour Resources stock, see the TSE:SYH Stock Forecast page.

Business Operations and Strategy
Skyharbour’s Partner Reports Promising Survey Results at 914W Uranium Project
Positive
Nov 6, 2025

Skyharbour Resources Ltd. announced that its partner, Mustang Energy Corp., has received promising results from a high-resolution HTDEM survey conducted over the 914W Uranium Project. The survey identified a well-developed conductive zone, indicative of potential uranium mineralization, which could enhance the project’s value and attract further investment. Despite no new significant discoveries, the survey’s findings suggest promising areas for future exploration, potentially strengthening Skyharbour’s position in the uranium market.

The most recent analyst rating on (TSE:SYH) stock is a Buy with a C$1.01 price target. To see the full list of analyst forecasts on Skyharbour Resources stock, see the TSE:SYH Stock Forecast page.

Business Operations and Strategy
Skyharbour Resources to Present at Red Cloud’s 2025 Fall Mining Showcase and Engages European Marketing Firm
Positive
Oct 31, 2025

Skyharbour Resources Ltd. announced its participation in Red Cloud’s 2025 Fall Mining Showcase in Toronto, where its President and CEO, Jordan Trimble, will present an update on the company. Additionally, Skyharbour has engaged Plutus Invest and Consulting, a German marketing firm, to enhance investor awareness in Europe through a six-month agreement, reflecting the company’s strategic efforts to expand its market presence.

The most recent analyst rating on (TSE:SYH) stock is a Buy with a C$1.01 price target. To see the full list of analyst forecasts on Skyharbour Resources stock, see the TSE:SYH Stock Forecast page.

Business Operations and Strategy
Skyharbour’s Partner Unveils Significant Rare Earth Element Potential at Fraser Lakes B Deposit
Positive
Oct 15, 2025

Skyharbour Resources Ltd. announced that its partner, Terra Clean Energy Corp., has identified significant rare earth element potential at the Fraser Lakes B Deposit, recognized by the Canadian government as an active REE deposit. This development highlights the strategic importance of REEs, which are crucial for various industries, including automotive and electronics. The project is part of a broader study supported by the Canadian government, emphasizing the growing focus on REEs in the region. Terra’s commitment to further exploration and study aims to enhance the understanding and value of the deposit, potentially benefiting stakeholders and reinforcing the project’s significance in the REE market.

The most recent analyst rating on (TSE:SYH) stock is a Buy with a C$1.01 price target. To see the full list of analyst forecasts on Skyharbour Resources stock, see the TSE:SYH Stock Forecast page.

Business Operations and Strategy
Skyharbour’s Falcon Project Shows Promising Uranium Potential
Positive
Oct 14, 2025

Skyharbour Resources Ltd. announced that its partner, North Shore Uranium, has completed a prospecting program at the Falcon Property in Saskatchewan’s Athabasca Basin. The program identified significant radioactivity in several outcrops and boulders, indicating potential for a new uranium discovery. The findings underscore Falcon’s strategic location near existing uranium mines and development projects, enhancing Skyharbour’s positioning in the uranium exploration sector.

The most recent analyst rating on (TSE:SYH) stock is a Buy with a C$1.01 price target. To see the full list of analyst forecasts on Skyharbour Resources stock, see the TSE:SYH Stock Forecast page.

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.Date of analysis: Dec 30, 2025