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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 Surefire greater financial flexibility than a heavily indebted explorer. Limited debt reduces interest and refinancing pressure, allowing more of its capital structure to remain available for exploration, asset advancement, or other corporate opportunities.
Expanding Asset BaseMaterial asset growth since 2023 indicates that the company has been building its underlying resource and project base. While this has not yet produced earnings, a larger asset platform can support future exploration success, development plans, or commercial transactions.
Mineral Exploration PortfolioA portfolio of Western Australian assets prospective for iron ore and other minerals provides exposure to potential resource discoveries and future project development. The exploration model also creates several paths to value creation, including advancing assets or pursuing commercial transactions.
Bears Say
No Current RevenueZero annual revenue means the company currently lacks operating scale to absorb its cost base or internally fund exploration. Until projects generate meaningful income or transactions, financial performance remains dependent on external funding and successful advancement of its mineral assets.
Persistent LossesPersistent operating and net losses show that the business has not yet established a profitable commercial model. Continued losses can erode equity over time, reduce financial resilience, and make the company more reliant on capital markets to maintain exploration and development activity.
Ongoing Cash BurnNegative operating and free cash flow indicates that ongoing activities consume cash rather than generate it. This increases funding risk over the next several quarters, particularly because the company must continue progressing exploration assets before they can potentially deliver revenue or transaction proceeds.

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$0.02 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 140 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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