Silver Tiger Metals (SLVR) AI Stock Analysis

• Market Cap: C$135.47M
• Dividend Yield: N/A
• Average Volume (3M): 517.35K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.00
• Revenue Growth: N/A
• EPS Growth: -18.89%
• Country: CA
• Employees: 3
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Other Precious Metals
• EPS (TTM): -0.01
• Shares Outstanding: 410,502,840
• 10 Day Avg. Volume: 438,646
• 30 Day Avg. Volume: 517,353
• PEG Ratio: 3.49
• Price to Book (P/B): 1.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -17.92
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$0.85
• Price Target Upside: 157.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Silver Tiger Metals faces significant financial hurdles with negative profitability and cash flow issues. However, recent financing and promising developments at the El Tigre Project offer potential for future growth. The technical analysis is neutral, and the valuation appears overvalued in light of financial performance. Overall, the stock's score reflects these mixed factors.

Silver Tiger Metals Business Overview & Revenue Model

Company Description

Silver Tiger Metals Inc. engages in the exploration and evaluation of mineral properties in Mexico. The company primarily explores for gold and silver, as well as for copper, zinc, and lead deposits. It holds a 100% interest in the El Tigre property that covers an area of 28,414 hectares located in Sonora, Mexico. The company was formerly known as Oceanus Resources Corporation and changed its name to Silver Tiger Metals Inc. in May 2020. Silver Tiger Metals Inc. was incorporated in 2010 and is headquartered in Halifax, Canada.

How the Company Makes Money

Silver Tiger Metals generates revenue through the exploration and development of mineral resource properties, with a focus on silver and precious metals. The company earns money by discovering economically viable mineral deposits, which can then be sold or developed into operational mines. Revenue is primarily generated from selling these mineral assets to larger mining companies or through joint ventures that bring in investment for further project development. Additionally, Silver Tiger Metals may engage in strategic partnerships and raise funds through equity financing to support its exploration activities and enhance its project portfolio.

Silver Tiger Metals Financial Statement Overview

Summary

Silver Tiger Metals faces significant financial challenges. The lack of revenue and consistent losses highlight issues in achieving profitability and growth. While the balance sheet is strong with no debt, the cash flow situation remains concerning, reflecting operational inefficiencies and sustainability risks.

Income Statement

Silver Tiger Metals shows negative profitability with consistent net losses and no revenue generation. The gross profit margin, EBIT margin, and EBITDA margin are all negative, reflecting operational challenges and high costs relative to nonexistent revenue. The company is not generating revenue growth, which is a significant risk factor.

Balance Sheet

The company's balance sheet is relatively strong with no debt, resulting in a debt-to-equity ratio of zero. The equity ratio is high, indicating shareholder financing predominantly supports assets. However, the absence of revenue and net losses affects return on equity negatively.

Cash Flow

Silver Tiger Metals has negative free cash flow, indicating cash outflows exceed inflows from operations. The operating cash flow to net income ratio is negative, and free cash flow growth is not achievable due to lack of revenue and high capital expenditures.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-1.68K	-2.08K	-1.19K	-15.20K	-30.80K	-31.00K
	EBIT
-1.70M	-3.42M	-4.09M	-2.81M	-2.26M	-946.45K
	EBITDA
-4.71M	-3.16M	-3.91M	-2.71M	-2.08M	-839.58K
	Net Income Common Stockholders
-3.91M	-3.16M	-3.68M	-2.72M	-2.98M	-370.89K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
9.22M	9.22M	29.80M	33.62M	25.94M	89.44K
	Total Assets
84.29M	84.29M	86.96M	72.93M	51.45M	19.23M
	Total Debt
0.00	0.00	0.00	0.00	40.91K	47.00K
	Net Debt
-9.22M	-9.22M	-29.80M	-33.62M	-25.90M	-42.44K
	Total Liabilities
1.51M	1.51M	2.84M	3.81M	2.14M	2.87M
	Stockholders Equity
82.78M	82.78M	84.12M	69.12M	49.31M	16.36M
Cash Flow		Free Cash Flow
-7.84M	-20.67M	-2.59M	-14.14M	-8.23M	-1.02M
	Operating Cash Flow
-2.66M	-1.60M	-2.08M	-1.71M	-1.68M	-290.63K
	Investing Cash Flow
-7.06M	-19.07M	-18.39M	-12.43M	-6.55M	-734.32K
	Financing Cash Flow
0.00	85.00K	16.66M	21.82M	34.07M	1.09M

Silver Tiger Metals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.33
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SLVR, the sentiment is Positive. The current price of 0.33 is above the 20-day moving average (MA) of 0.32, above the 50-day MA of 0.33, and above the 200-day MA of 0.27, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.18 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SLVR.

Silver Tiger Metals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SM	50 Neutral	C$64.13M	―	-9.93%	―	―	95.16%
Sector *	49 Neutral	$1.97B	-1.18	-21.24%	3.71%	1.29%	-31.16%
BRC	47 Neutral	C$99.38M	―	-88.96%	―	―	-100.71%
SLVR	47 Neutral	C$135.47M	―	-4.77%	―	―	-18.89%
DEF	45 Neutral	C$69.77M	―	-6.96%	―	―	-21.74%
MMG	41 Neutral	C$47.41M	―	-55.36%	―	―	41.78%
OCG	37 Underperform	C$80.12M	―	-86.62%	―	―	-11.20%

Silver Tiger Metals Corporate Events

Silver Tiger Metals Secures $15 Million for El Tigre Project Development

Silver Tiger Metals Inc. has successfully closed a $15 million bought deal financing, selling 45,455,000 common shares at C$0.33 each. The proceeds will be used for exploration and development at the El Tigre Project in Mexico, as well as for working capital and general corporate purposes. This financing supports the company’s ongoing efforts to develop the El Tigre Project, which includes plans for both open pit and underground mining operations. The project has shown promising economic potential with a projected 10-year mine life and significant after-tax cash flow, positioning Silver Tiger as a competitive player in the mining industry.

Spark’s Take on TSE:SLVR Stock

According to Spark, TipRanks’ AI Analyst, TSE:SLVR is a Neutral.

Silver Tiger Metals’ overall score is impacted by significant financial challenges and a negative valuation. However, the recent financing and positive developments in the El Tigre Project provide potential for future growth. The technical analysis remains neutral, and the absence of earnings call data limits further evaluation.

To see Spark’s full report on TSE:SLVR stock, click here.

Silver Tiger Metals Files Prospectus for $15M Public Offering

Silver Tiger Metals has filed a final short form prospectus for a public offering of common shares, aiming to raise gross proceeds of $15,000,150, with an option to increase this to $17,250,172.50 if the over-allotment option is fully exercised. The offering, conducted through a syndicate of underwriters, is expected to close around April 14, 2025, and has received conditional approval from the TSX Venture Exchange. This move is part of Silver Tiger’s broader strategy to fund its mining operations in Mexico, particularly the El Tigre Project, which has shown promising economic prospects with a projected after-tax NPV of US$222 million and a 10-year mine life.

Silver Tiger Metals Secures C$15 Million Financing for El Tigre Project Development

Silver Tiger Metals Inc. has announced a bought deal financing agreement with Stifel Canada and Desjardins Capital Markets to raise approximately C$15 million through the sale of 45,455,000 common shares at C$0.33 each. The proceeds will be used for exploration and development at the El Tigre Project in Mexico, as well as for working capital and general corporate purposes. This financing move is expected to bolster the company’s operational capabilities and enhance its market positioning within the mining industry.

Silver Tiger Reports High-Grade Silver Discoveries at El Tigre Project

Silver Tiger Metals Inc. has announced promising assay results from its ongoing underground drilling program at the El Tigre Project in Sonora, Mexico. The results highlight significant mineralization with high-grade silver equivalent findings, particularly in the Sulfide Zone, indicating potential for extensive resource development and enhanced stakeholder value.