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Surefire Resources NL (AU:SRN)
ASX:SRN
Australian Market
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Surefire Resources NL (SRN) Price & Analysis

7 Followers

SRN Stock Chart & Stats

AU$0.02
>-AU$0.01(-8.33%)
At close: 4:00 PM EDT
AU$0.02
>-AU$0.01(-8.33%)

Bulls Say, Bears Say

Bulls Say
Low LeverageVery low leverage gives the company greater financial flexibility than a highly indebted explorer. Limited debt reduces interest and refinancing pressure, helping preserve options to fund exploration, develop projects, or pursue transactions while commodity and project outcomes remain uncertain.
Expanding Asset BaseMaterial asset growth indicates that Surefire has been building its underlying asset base rather than operating solely as a cash shell. If exploration and evaluation work progresses successfully, these assets could support future project development or monetisation opportunities.
Mineral Project OptionalityA portfolio of prospective exploration tenements creates longer-term project optionality through geological surveys, drilling, and resource definition. This business model can generate value from a discovery or project transaction even before the company establishes recurring production revenue.
Bears Say
Zero RevenueZero annual revenue leaves the company without operating scale to absorb its ongoing cost base and provides no evidence of a self-funding commercial operation. Continued absence of revenue means future progress remains dependent on project advancement, financing, or asset transactions.
Persistent LossesPersistent operating and net losses show that the current business model is not yet generating earnings from its asset base. Ongoing losses can erode equity over time, constrain reinvestment capacity, and increase dependence on external funding or successful project monetisation.
Ongoing Cash BurnConsistent operating and free-cash-flow outflows indicate that reported losses are translating into real cash consumption rather than being mainly accounting-driven. Sustained exploration and development therefore may require additional funding unless revenue or transaction proceeds improve.

Surefire Resources NL News

SRN FAQ

What was Surefire Resources NL’s price range in the past 12 months?
Surefire Resources NL lowest share price was AU$0.01 and its highest was AU$0.03 in the past 12 months.
    What is Surefire Resources NL’s market cap?
    Surefire Resources NL’s market cap is AU$3.62M.
      When is Surefire Resources NL’s upcoming earnings report date?
      Surefire Resources NL’s upcoming earnings report date is Mar 12, 2027 which is in 133 days.
        How were Surefire Resources NL’s earnings last quarter?
        Surefire Resources NL released its earnings results on Sep 30, 2026. The company reported -AU$0.005 earnings per share for the quarter.
          Is Surefire Resources NL overvalued?
          According to Wall Street analysts Surefire Resources NL’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Surefire Resources NL pay dividends?
            Surefire Resources NL does not currently pay dividends.
            What is Surefire Resources NL’s EPS estimate?
            Surefire Resources NL’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Surefire Resources NL have?
            Surefire Resources NL has 226,186,770 shares outstanding.
              What happened to Surefire Resources NL’s price movement after its last earnings report?
              Surefire Resources NL reported an EPS of -AU$0.005 in its last earnings report. Following the earnings report the stock price went down -4.762%.
                Which hedge fund is a major shareholder of Surefire Resources NL?
                Currently, no hedge funds are holding shares in AU:SRN
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Surefire Resources NL Stock Smart Score

                  5
                  Neutral
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                  Fundamentals

                  Return on Equity
                  -37.96%
                  Trailing 12-Months
                  Asset Growth
                  3.74%
                  Trailing 12-Months
                  Learn more about TipRanks Smart Score

                  Company Description

                  Surefire Resources NL

                  Based in South Perth, Australia, Surefire Resources NL, established in 1998, focuses on the exploration and evaluation of mineral tenements across Western Australia. The company actively seeks deposits containing a variety of resources, including gold, copper, lead, silver, vanadium, and iron ore. It operated under the name Black Ridge Mining NL until its rebranding to Surefire Resources NL in December 2016.

                  Surefire Resources NL (SRN) Earnings & Revenues

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