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NILI Stock Chart & Stats
C$0.84
C$0.01(1.67%)
At close: 4:00 PM EDT
C$0.84
C$0.01(1.67%)
Day’s Range― - ―
52-Week RangeC$0.38 - C$1.13
Previous CloseN/A
Volume403.28K
Average Volume (3M)836.55K
Market Cap
C$204.06M
Enterprise ValueC$105.96M
Total Cash (Recent Filing)C$74.89M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta2.84
Next Earnings
Nov 19, 2026Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.06
Shares Outstanding329,133,420
10 Day Avg. Volume971,142
30 Day Avg. Volume836,554
Financial Highlights & Ratios
PEG Ratio0.51
Price to Book (P/B)7.46
Price to Sales (P/S)0.00
P/FCF Ratio-35.39
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$1.50Price Target Upside78.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.03
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Zero DebtA debt-free balance sheet reduces interest obligations and refinancing exposure, giving Surge greater financial flexibility than a leveraged explorer. This structure can help preserve capital for exploration programs and provide more resilience if project timelines or funding conditions become difficult.
Higher Equity BaseThe substantial increase in reported equity provides a larger capital base from which the company can pursue exploration and evaluate mineral properties. Although equity quality is weakened by losses, the higher base may support operating continuity and future project funding capacity.
Exploration-Focused Business ModelSurge’s focus on acquiring and evaluating mineral properties gives the business exposure to potential resource discoveries rather than relying on an established producing asset. This model can create longer-term project optionality as geological work advances across its portfolio.
Bears Say
No Revenue BaseThe absence of revenue means Surge has not yet demonstrated commercial production or a recurring operating income stream. This limits internal funding capacity, reduces visibility into future operating leverage, and leaves the company dependent on exploration outcomes to build sustainable revenue.
Widening Net LossesThe widening loss indicates that current spending is not being offset by operating revenue and that profitability remains structurally negative. Persistently larger losses can erode the equity base over time, increase financing needs, and constrain the company’s ability to fund exploration internally.
Persistent Cash BurnNegative operating and free cash flow across every reported period shows that the business is not self-funding. Continued cash burn can require repeated external capital, potentially limiting exploration pace and creating dilution or financing dependence while projects remain uneconomic.
Surge Exploration Inc News
NILI FAQ
What was Surge Exploration Inc’s price range in the past 12 months?
Surge Exploration Inc lowest stock price was C$0.38 and its highest was C$1.13 in the past 12 months.
What is Surge Exploration Inc’s market cap?
Surge Exploration Inc’s market cap is C$204.06M.
When is Surge Exploration Inc’s upcoming earnings report date?
Surge Exploration Inc’s upcoming earnings report date is Nov 19, 2026 which is in 27 days.
How were Surge Exploration Inc’s earnings last quarter?
Surge Exploration Inc released its earnings results on Aug 28, 2026. The company reported -C$0.02 earnings per share for the quarter.
Is Surge Exploration Inc overvalued?
According to Wall Street analysts Surge Exploration Inc’s price is currently Undervalued.
Does Surge Exploration Inc pay dividends?
Surge Exploration Inc does not currently pay dividends.
What is Surge Exploration Inc’s EPS estimate?
Surge Exploration Inc’s EPS estimate is 0.
How many shares outstanding does Surge Exploration Inc have?
Surge Exploration Inc has 329,133,420 shares outstanding.
What happened to Surge Exploration Inc’s price movement after its last earnings report?
Surge Exploration Inc reported an EPS of -C$0.02 in its last earnings report. Following the earnings report the stock price went up 3.333%.
Which hedge fund is a major shareholder of Surge Exploration Inc?
Currently, no hedge funds are holding shares in TSE:NILI
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
Surge Exploration Inc Stock Smart Score
Underperform
1
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5
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10
Analyst Consensus
Moderate Buy
Average Price Target:
C$1.50 (78.57% Upside)
C$1.50 (78.57% Upside)
Insider Transactions
Sold Shares
Worth C$3.1M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
23.07%
12-Months-Change
Fundamentals
Return on Equity
-32.59%
Trailing 12-Months
Asset Growth
530.86%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Surge Exploration Inc
Surge Battery Metals Inc. is a mineral exploration company dedicated to acquiring, exploring, and developing resource properties across North America. The firm's strategic focus encompasses a diverse array of metals, including gold, copper, lead, zinc, silver, cobalt, nickel, and various other precious commodities. Its asset portfolio includes: An option to secure a 60% stake in two significant cobalt properties located in Ontario, Canada: the Teledyne Cobalt property and the Glencore Bucke Cobalt property. An interest in the Nevada North lithium project, which comprises 154 mineral claims spanning approximately 794 hectares. An option to obtain full ownership (100%) of the Quatse Lake property in British Columbia, covering 1,786 hectares across four mineral claims. An 80% interest in the San Emidio Desert Lithium project, situated northeast of Reno, Nevada, consisting of 35 mineral claims over 2,800 acres. An 80% interest in a separate nickel project, also located in British Columbia. Initially incorporated in 1987 as Copper Creek Gold Corp., the company underwent a name change to Surge Exploration Inc. in April 2018 before adopting its current identity as Surge Battery Metals Inc. The company's corporate headquarters are based in Vancouver, Canada.
NILI Stock 12 Month Forecast
Average Price Target
C$1.50
▲(78.57% Upside)
Technical Analysis
C3 Metals
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Emerita Resources
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Falco Resources
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Surge Copper Corp
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Group Ten Metals
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