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Sunrise Resources
(LSE:SRES)
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Rating:49Neutral
Price Target:
0.02 p
▲(0.00% Upside)
Action:Reiterated
Date:08/24/26
The score is held back primarily by weak financial performance—recurring losses, inconsistent/vanishing revenue in the latest annual period, and ongoing cash burn. Partially offsetting this are modestly improving near-term technical momentum and a favorable set of recent corporate developments that expand exploration optionality, though execution and funding risk remain key.
Positive Factors
Low Balance-Sheet Leverage
Very low leverage limits interest and refinancing pressure, giving Sunrise greater flexibility to preserve capital while advancing exploration projects. This is an important financial buffer for an early-stage developer whose assets may require external funding before generating operating revenue.
Negative Factors
Persistent Unprofitability
Continued operating and net losses show that the current project portfolio has not established a self-sustaining economic model. Persistent deficits can erode shareholder capital and increase reliance on equity issuance, asset transactions, or partners to fund exploration.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Balance-Sheet Leverage
Very low leverage limits interest and refinancing pressure, giving Sunrise greater flexibility to preserve capital while advancing exploration projects. This is an important financial buffer for an early-stage developer whose assets may require external funding before generating operating revenue.
Read all positive factors
Sunrise Resources (SRES) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£1.88M
Dividend YieldN/A
Average Volume (3M)55.73M
Price to Earnings (P/E)―
Beta (1Y)0.64
Revenue Growth-100.00%
EPS GrowthN/A
CountryUK
Employees3
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.00
Shares Outstanding9,375,133,000
10 Day Avg. Volume8,431,759
30 Day Avg. Volume55,726,436
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.69
Price to Sales (P/S)0.00
P/FCF Ratio-6.94
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Sunrise Resources Business Overview & Revenue Model
Company Description
Sunrise Resources plc (SRES.L) is actively involved in the full lifecycle of mineral resource development, encompassing the identification, acquisition, exploration, and advancement of projects primarily across the United States and Australia. The...
How the Company Makes Money
Sunrise Resources’ primary business model is to create value by advancing mineral exploration and development projects rather than operating a large-scale producing mine. Revenue (if any) would typically be generated through one or more of the fol...
Sunrise Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
24
Negative
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 112.05K | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 70.90K | -4.94K | -5.08K | -4.20K |
| EBITDA | -130.99K | -342.25K | -310.51K | -386.35K | -473.14K | -331.84K |
| Net Income | -342.06K | -342.23K | -658.81K | -391.29K | -478.22K | -335.25K |
Balance Sheet | ||||||
| Total Assets | 2.08M | 2.08M | 2.12M | 2.75M | 2.80M | 2.71M |
| Cash, Cash Equivalents and Short-Term Investments | 30.35K | 85.09K | 102.42K | 177.97K | 96.13K | 371.74K |
| Total Debt | 64.00K | 64.00K | 195.00K | 302.64K | 5.71K | 7.01K |
| Total Liabilities | 373.14K | 258.43K | 347.37K | 440.94K | 142.73K | 134.54K |
| Stockholders Equity | 1.70M | 1.82M | 1.78M | 2.31M | 2.66M | 2.58M |
Cash Flow | ||||||
| Free Cash Flow | -212.07K | -181.52K | -253.31K | -465.54K | -416.05K | -728.74K |
| Operating Cash Flow | -212.07K | -181.52K | -150.73K | -340.78K | -278.56K | -337.68K |
| Investing Cash Flow | -92.14K | -76.59K | -102.13K | -123.76K | -114.23K | -371.00K |
| Financing Cash Flow | 243.20K | 243.20K | 186.50K | 516.01K | 102.30K | 10.45K |
Sunrise Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | £11.90M | -9.57 | -15.66% | ― | ― | 17.86% | |
51 Neutral | £15.34M | -3.53 | -12.12% | ― | ― | 74.23% | |
49 Neutral | £1.88M | -4.57 | -19.42% | ― | -100.00% | ― | |
47 Neutral | £1.69M | 3.21 | 70.40% | ― | ― | ― | |
44 Neutral | £2.20M | -2.41 | -14.65% | ― | ― | ― | |
42 Neutral | £3.81M | -0.04 | -60.32% | ― | ― | 52.00% |
* Basic Materials Sector Average
GB:SRES
Sunrise Resources
0.02
>-0.01
-16.67%
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1.40
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0.00%
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0.01
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-95.28%
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169.23%
GB:CHF
Chesterfield Resources Plc
0.90
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GB:AFP
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2.20
1.10
100.00%
Sunrise Resources Corporate Events
Business Operations and Strategy
Sunrise Resources Confirms API-Grade Sepiolite at Nevada Project
Positive
Aug 20, 2026
Sunrise Resources has reported strong Phase III evaluation results at its Pioche Sepiolite Project in Nevada, confirming that processed sepiolite from core and surface samples meets American Petroleum Institute specifications for drilling-grade sa...
Business Operations and StrategyRegulatory Filings and Compliance
Sunrise Resources Secures Key Licence for High-Grade Bakers Gold Project
Positive
Aug 11, 2026
Sunrise Resources has secured a new prospecting licence over its high-grade Bakers Gold Project in Western Australia’s Murchison Goldfield, granting it four years of tenure with a possible four-year extension. The licence, covering 150 hecta...
Business Operations and Strategy
Sunrise Resources Advances High-Grade Reese Ridge Zinc-Lead-Silver Project
Positive
Aug 6, 2026
Sunrise Resources has reported further high-grade surface assay results from its Reese Ridge zinc-lead-silver project in Nevada, bolstering confidence in the site’s potential as a significant carbonate replacement deposit. Recent mapping and...
Business Operations and StrategyRegulatory Filings and Compliance
Sunrise clears native title hurdle at Bakers Gold Project
Positive
Jul 28, 2026
Sunrise Resources has secured a key heritage agreement with the Yugunga-Nya Native Title Aboriginal Corporation covering its Bakers Gold Project in Western Australia’s Murchison region. The deal obliges the traditional owners’ body to ...
Business Operations and StrategyM&A Transactions
Sunrise Resources Secures New Copper-Silver-Gold Project in Nevada
Positive
Jul 20, 2026
Sunrise Resources has acquired a new copper-silver-gold project in Nevada’s Lake Mining District on the southwest end of the Humboldt Range, securing a low-cost lease and option over a historic claim first explored by Utah International in t...
Business Operations and Strategy
Sunrise Resources Royalty Gains Ground as Garfield Project Expands in Nevada
Positive
Jul 15, 2026
Sunrise Resources has highlighted fresh exploration progress at Guardian Metal Resources’ Garfield copper project in Nevada, where Sunrise holds a 2% net smelter return royalty. Geological mapping at Garfield has outlined additional epitherm...
Business Operations and StrategyExecutive/Board ChangesShareholder MeetingsStock Split
Sunrise Resources Refocuses Strategy on Precious and Base Metals Portfolio
Positive
Jul 14, 2026
Sunrise Resources has completed a strategic review and will shift its core focus from industrial minerals to advancing its wholly owned precious and base metals projects in Nevada and Western Australia. Management aims to maintain and market its i...
Business Operations and StrategyRegulatory Filings and Compliance
Sunrise Resources appoints MAH as new auditor after Crowe resignation
Neutral
Jun 22, 2026
Sunrise Resources has appointed MAH, Chartered Accountants, as its new auditor with effect from 15 June 2026, replacing Crowe U.K. LLP, which resigned earlier in the month. MAH will audit the company’s financial statements for the year endin...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Sunrise Resources shores up balance sheet as U.S. pozzolan and sepiolite projects remain on slow burn
Neutral
Jun 4, 2026
Sunrise Resources reported unaudited interim results for the six months to 31 March 2026, showing a loss of £147,728 with no revenue and project expenditure of £53,522 as work continued on its U.S. industrial minerals portfolio. The comp...
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.