Want to see TSE:SICO full AI Analyst Report?
Silverco Mining (SICO) AI Stock Analysis
Silverco Mining
(TSXV:SICO)
The overall score reflects a high-risk financial profile dominated by persistent and widening losses, extremely weak margins, and escalating cash burn, partially mitigated by a strengthened, low-leverage balance sheet. Technical indicators currently show a favorable price trend without overbought signals, improving the score but constrained by very high volatility. Valuation is only modestly supportive given the negative P/E and lack of dividend, leaving the stock positioned as a speculative, early-stage play rather than a fundamentally attractive investment.
Silverco Mining (SICO) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 402.33M
- Dividend Yield
- ―
- Average Volume (3M)
- 103.42K
- Price to Earnings (P/E)
- -9.7
- Beta (1Y)
- 3.01
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- Canada
- Employees
- 0
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial Materials
Silverco Mining Business Overview & Revenue Model
Company Description
Silverco Mining Ltd. is primarily involved in the search for mineral deposits. The company fully owns the 16,073-hectare Cusi Mine Project, located in Mexico's Chihuahua State. Its exploration endeavors are concentrated on identifying potential reser...
Silverco Mining Financial Statement Overview
Summary
Financial performance is very weak, with minimal recent revenue, near-zero gross margins, deeply negative operating and net margins, and sharply worsening operating and free cash flow, partly offset by a stronger, low-leverage balance sheet.
Income Statement
18Very NegativeBalance Sheet
62PositiveCash Flow
14Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 10.39M | 0 | 0 | 0 | 0 |
| Gross Profit | 59.60K | -223.75K | 0 | 0 | 0 |
| EBITDA | -22.40M | -17.55M | -7.62M | 0 | 0 |
| Net Income | -27.01M | -17.80M | -7.60M | -510.08K | -520.07K |
Balance Sheet | |||||
| Total Assets | 391.11M | 11.88M | 9.04M | 2.96M | 271.30K |
| Cash, Cash Equivalents and Short-Term Investments | 53.62M | 1.12M | 2.00M | 502.83K | 7,541 |
| Total Debt | 15.40M | 260.61K | 318.54K | 248.25K | 0 |
| Total Liabilities | 166.19M | 6.18M | 1.59M | 474.77K | 34.61K |
| Stockholders Equity | 224.91M | 5.70M | 7.45M | 2.49M | 236.69K |
Cash Flow | |||||
| Free Cash Flow | -28.60M | -14.73M | -1.46M | -881.27K | -594.18K |
| Operating Cash Flow | -20.33M | -14.60M | -1.46M | -441.27K | -384.18K |
| Investing Cash Flow | 2.15M | 1.12M | 267.69K | -440.00K | -210.00K |
| Financing Cash Flow | 58.38M | 12.58M | 2.54M | 1.38M | 601.72K |
Silverco Mining Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SICO, the sentiment is Negative. The current price of 7.38 is below the 20-day moving average (MA) of 8.36, below the 50-day MA of 9.18, and below the 200-day MA of 9.53, indicating a bearish trend. The MACD of -0.40 indicates Positive momentum. The RSI at 33.79 is Neutral, neither overbought nor oversold. The STOCH value of 30.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SICO.
Silverco Mining Peers Comparison
Overall Rating
- TSE:SICO50Neutral
TSE:CPL45Neutral
TSE:PER43Neutral
TSE:RMES40Underperform
TSE:DCOP37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:SICO | 50Neutral | CAD 402.33M | -9.71 | -35.38% | ― | ― | ― |
| TSE:CPL | 45Neutral | CAD 4.07M | -11.42 | -52.48% | ― | ― | 49.82% |
| TSE:PER | 43Neutral | CAD 13.32M | -16.98 | -39.11% | ― | -9.78% | -116.00% |
| TSE:RMES | 40Underperform | CAD 4.58M | -2.10 | 83.57% | ― | ― | ― |
| TSE:DCOP | 37Underperform | CAD 2.82M | -3.28 | -51.52% | ― | ― | 54.50% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:SICO | Silverco Mining Ltd. | 7.38 | 3.78 | 105.00% | |
| TSE:CPL | Copper Lake Resources | 0.29 | -0.31 | -51.59% | |
| TSE:DCOP | District Copper Corp. | 0.06 | -0.02 | -21.25% | |
| TSE:PER | Peruvian Metals Corp | 0.09 | 0.05 | 157.14% | |
| TSE:Z.H | Zinc One Resources Inc. | 0.16 | -0.22 | -57.89% | |
| TSE:RMES | Red Metal Resources Ltd. | 0.07 | 0.05 | 275.00% |
Silverco Mining Corporate Events
Silverco Mining Hits High-Grade Silver at Cusi Ahead of Planned Restart
PositiveSilverco Mining reported a series of high-grade silver-equivalent intercepts from fifteen new drill holes at its wholly owned Cusi Mine in Chihuahua, including 1,222 g/t silver equivalent over 3.35 metres true width in the Promontorio zone. The progr...
Silverco PEA Maps High-Margin Growth Path at La Negra Mine
PositiveSilverco Mining has released an independent preliminary economic assessment for its 100%-owned La Negra Mine in Mexico, highlighting an 8.2-year mine life and average annual production of 4.1 million silver-equivalent ounces. The study is based on a...
Silverco Mining Awards New Equity Incentives to Support Mexican Growth Strategy
PositiveSilverco Mining has granted 144,792 stock options and 207,355 restricted share units under its omnibus equity incentive plan, distributing awards among directors, officers, employees and consultants. The options are exercisable at C$10.50 for five ye...
Silverco Mining Advances Mexican Silver Assets and Announces CFO Transition
PositiveSilverco Mining reported it has filed its unaudited Q2 2026 financial statements and MD&A, highlighting operational progress at its Cusi and La Negra silver mines in Mexico. Management reiterated its goal of exiting 2026 with two operating silver...
Silverco Mining Accelerates Optimization and Exploration at La Negra Mine
PositiveSilverco Mining has moved quickly since acquiring the La Negra Mine in Mexico, appointing an experienced general manager, renewing its underground mobile fleet and implementing campaign milling to improve efficiency and costs at the processing plant....
Silverco Mining Strengthens Exploration Leadership With Appointment of Dr. Jesus Velador
PositiveSilverco Mining has appointed veteran exploration geologist Dr. Jesus Velador as Vice President, Exploration, effective September 1, 2026, adding deep expertise in Mexican epithermal and hydrothermal systems to its executive ranks. Velador’s tr...
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: Sep 24, 2026