Sparton Resources Inc (TSE:SRI)

:SRI

SRI

Sparton Resources

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Sparton Resources (SRI) Price & Analysis

6 Followers

SRI Stock Chart & Stats

C$0.03

>-C$0.01(-16.67%)

At close: Jan 08 4:00 PM EST

C$0.03

>-C$0.01(-16.67%)

Day’s Range― - ―

52-Week RangeC$0.02 - C$0.04

Previous CloseN/A

Volume3.00K

Average Volume (3M)109.81K

Market Cap

C$3.63M

Enterprise ValueC$3.47M

Total Cash (Recent Filing)C$284.49K

Total Debt (Recent Filing)C$119.74K

Price to Earnings (P/E)―

Beta1.05

Next Earnings

Sep 02, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)>-0.01

Shares Outstanding181,727,250

10 Day Avg. Volume123,934

30 Day Avg. Volume109,810

Financial Highlights & Ratios

PEG Ratio0.24

Price to Book (P/B)4.35

Price to Sales (P/S)0.00

P/FCF Ratio-47.29

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

Bulls Say, Bears Say

Bulls Say

Improved LeverageMeaningful reduction in leverage improves solvency and lowers default risk, granting the company more financial flexibility. A lower debt burden lengthens runway versus high-burn peers, making it easier to pursue restructuring, asset sales, or targeted investments without immediate refinancing pressure.

Balance Sheet ResilienceA sizable equity base relative to assets provides a durable capital buffer that cushions ongoing losses and supports credit access. This structural strength helps absorb further value erosion, maintain lender confidence, and preserves optionality for strategic moves like asset monetization or capital raises.

Reduced Cash BurnSubstantial reduction in cash burn signals operational improvements or cost control that can persist. Lower negative cash flow reduces near-term financing needs and extends the company’s runway, improving the probability management can execute a durable turnaround or restructure before capital runs out.

Bears Say

Persistent Net LossesSustained multi-year losses systematically erode retained earnings and investor equity, constraining reinvestment and growth. Without a clear path to profitable operations, ongoing losses will force reliance on dilutive financing or asset sales, undermining long-term competitiveness and strategic options.

Chronic Negative Cash FlowPersistent negative operating and free cash flow means the business is not self-funding and will require external capital to sustain operations. This structural cash gap raises refinancing, dilution, and interest-rate risks, limiting the company’s ability to invest in growth or respond to industry shocks.

Revenue Collapse & VolatilityA drop to zero revenue across two consecutive years signals severe demand, operational interruption, or loss of core business viability. Such revenue volatility undermines margin stability, prevents scale economics, and makes recovery dependent on rebuilding recurring sales rather than short-term cost fixes.

Sparton Resources News

Sparton Expands Land Package and Reports Encouraging Drill Results at Pense Critical Metals Project

Sparton Resources ( ($TSE:SRI) ) has shared an announcement. Sparton Resources has expanded its Pense Critical Metals Project...

2M ago

Sparton Highlights VRB Energy’s Growing Portfolio of Vanadium Flow Battery Projects

Sparton Resources ( ($TSE:SRI) ) has provided an update. Sparton Resources reported progress at affiliate VRB Energy Inc.,...

3M ago

Sparton Resources Secures Final Approval for C$410,000 Private Placement to Advance Critical Metals Exploration

An update from Sparton Resources ( ($TSE:SRI) ) is now available. Sparton Resources Inc. has received final regulatory...

4M ago

Sparton Resources Reprices Stock Options and Advances Drilling at Quebec Pense Project

An announcement from Sparton Resources ( ($TSE:SRI) ) is now available. Sparton Resources has repriced and reissued 4,200,000...

6M ago

Sparton Resources Completes Private Placement to Fund Ontario Exploration

Sparton Resources ( ($TSE:SRI) ) has provided an update. Sparton Resources Inc. has successfully completed its non-brokered private...

6M ago

Sparton Resources Announces Positive Assay Results and New Drilling Initiatives

Sparton Resources ( ($TSE:SRI) ) has shared an update. Sparton Resources Inc. has reported promising assay results from...

7M ago

Sparton Resources Secures C$210,000 for Quebec Exploration

Sparton Resources ( ($TSE:SRI) ) has shared an announcement. Sparton Resources Inc. has successfully closed the first tranche...

7M ago

Sparton Resources Launches C$500,000 Private Placement for Exploration Expansion

Sparton Resources ( ($TSE:SRI) ) has shared an update. Sparton Resources Inc. has announced a private placement offering...

7M ago

Sparton Resources’ Joint Venture Secures Major Vanadium Battery Project in China

An announcement from Sparton Resources ( ($TSE:SRI) ) is now available. Sparton Resources announced that its joint venture,...

9M ago

Sparton Resources Advances Exploration at Pense Project with New Permits and Discoveries

An update from Sparton Resources ( ($TSE:SRI) ) is now available. Sparton Resources Inc. has announced the receipt...

9M ago

SRI FAQ

What was Sparton Resources Inc’s price range in the past 12 months?

Sparton Resources Inc lowest stock price was C$0.02 and its highest was C$0.04 in the past 12 months.

What is Sparton Resources Inc’s market cap?

Sparton Resources Inc’s market cap is C$3.63M.

When is Sparton Resources Inc’s upcoming earnings report date?

Sparton Resources Inc’s upcoming earnings report date is Sep 02, 2026 which is in 89 days.

How were Sparton Resources Inc’s earnings last quarter?

Currently, no data Available

Is Sparton Resources Inc overvalued?

According to Wall Street analysts Sparton Resources Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Sparton Resources Inc pay dividends?

Sparton Resources Inc does not currently pay dividends.

What is Sparton Resources Inc’s EPS estimate?

Sparton Resources Inc’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Sparton Resources Inc have?

Sparton Resources Inc has 181,727,250 shares outstanding.

What happened to Sparton Resources Inc’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of Sparton Resources Inc?

Currently, no hedge funds are holding shares in TSE:SRI

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

Company Description

Sparton Resources Inc

Sparton Resources Inc., an exploration and development stage company, engages in the exploration and evaluation of properties in Canada. It has an option agreement to acquire interest in the Bruell Gold Property comprises 20 claims located in Vauquelin Township, Quebec; and Sir Harry Oakes Gold Property, including 46 mining claims and 3 mining leases in the Matachewan Gold Area. The company also has interest in Chebucto natural gas field located in the Sable Island area of offshore Nova Scotia; and engages in the vanadium redox flow battery business. The company is headquartered in Toronto, Canada.