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Sparton Resources
(SRI)
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Rating:42Neutral
Price Target:
C$0.01
▼(-30.00% Downside)
Action:Reiterated
Date:08/28/26
The score is primarily constrained by weak financial performance: recurring losses, zero-revenue years, and persistently negative operating/free cash flow outweigh the relatively improved leverage profile. Technicals add only modest support due to mixed momentum and price sitting below the 200-day average. Valuation does not provide a clear positive offset because the P/E is negative and no dividend yield is available.
Positive Factors
Improved leverage
Lower leverage gives the company a more resilient balance sheet and reduces the immediate burden of debt service. This improved financial flexibility could help preserve assets and support future restructuring or investment if operations stabilize, even though profitability remains weak.
Negative Factors
Zero recent revenue
Two consecutive years of zero revenue indicate a severe deterioration in commercial activity and leave no demonstrated recurring sales base to support operations. Without a sustained return to revenue generation, the company cannot establish operating scale, rebuild margins, or fund growth from its core business.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved leverage
Lower leverage gives the company a more resilient balance sheet and reduces the immediate burden of debt service. This improved financial flexibility could help preserve assets and support future restructuring or investment if operations stabilize, even though profitability remains weak.
Read all positive factors
Sparton Resources (SRI) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$2.73M
Dividend YieldN/A
Average Volume (3M)76.11K
Price to Earnings (P/E)―
Beta (1Y)1.24
Revenue GrowthN/A
EPS Growth53.49%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding181,727,250
10 Day Avg. Volume110,021
30 Day Avg. Volume76,115
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
Sparton Resources Business Overview & Revenue Model
Company Description
Sparton Resources Inc., a Canadian enterprise in the exploration and development phase, focuses on investigating and assessing properties throughout Canada. The company's mineral portfolio features two significant gold assets: the Bruell Gold Prop...
How the Company Makes Money
null...
Sparton Resources Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 125.39K | 0.00 | 0.00 | 954.10K | 1.14M | 470.77K |
| Gross Profit | 171.00 | -20.48K | -20.72K | 45.69K | 333.05K | 56.18K |
| EBITDA | -478.78K | -341.84K | -869.91K | -280.67K | -328.31K | -340.60K |
| Net Income | -459.96K | -369.08K | -706.85K | -330.88K | -353.39K | -360.25K |
Balance Sheet | ||||||
| Total Assets | 1.81M | 1.95M | 1.91M | 2.24M | 1.94M | 1.92M |
| Cash, Cash Equivalents and Short-Term Investments | 869.00 | 284.49K | 5.25K | 411.41K | 85.39K | 246.10K |
| Total Debt | 280.32K | 271.14K | 281.70K | 227.16K | 224.08K | 241.00K |
| Total Liabilities | 509.38K | 560.10K | 563.39K | 565.35K | 614.70K | 553.07K |
| Stockholders Equity | 959.93K | 1.04M | 992.75K | 1.32M | 977.75K | 1.02M |
Cash Flow | ||||||
| Free Cash Flow | -399.48K | -96.07K | -813.15K | -140.05K | -223.89K | -344.95K |
| Operating Cash Flow | -399.48K | -96.07K | -813.15K | -138.85K | -155.13K | -296.30K |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 19.70K | -68.76K | -48.65K |
| Financing Cash Flow | 379.00K | 375.30K | 407.00K | 450.00K | 68.00K | 478.56K |
Sparton Resources Technical Analysis
Negative
0.02
Price Trends
0.02
Negative
0.02
Negative
0.02
Negative
Market Momentum
>-0.01
Negative
37.98
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SRI, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 37.98 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 Negative sentiment for TSE:SRI.
Sparton Resources Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$4.03M | 15.44 | 36.11% | ― | ― | ― | |
50 Neutral | C$9.69M | -4.38 | -147.06% | ― | ― | -1857.14% | |
46 Neutral | C$3.90M | -4.83 | -19.72% | ― | ― | 65.37% | |
44 Neutral | C$3.86M | -10.53 | -7.79% | ― | ― | -7.41% | |
42 Neutral | C$2.73M | -5.77 | -53.85% | ― | ― | 53.49% | |
41 Neutral | C$3.89M | -19.23 | -221.67% | ― | ― | 28.57% |
* General Sector Average
TSE:SRI
Sparton Resources
0.02
-0.02
-57.14%
TSE:SCLT
Searchlight Resources Inc
0.11
0.03
41.89%
TSE:GOR
Goldrea Resources
0.03
<0.01
25.00%
TSE:SIEN
Sienna Resources
0.09
>-0.01
-10.53%
TSE:NEV
Nevada Sunrise Gold
0.06
0.03
100.00%
TSE:ETR
Etruscus Corp
0.06
-0.04
-40.00%
Sparton Resources Corporate Events
Business Operations and StrategyExecutive/Board Changes
Sparton Resources Strikes Morrison Silver Mine JV With Glen Eagle, Expands Corporate Team
Positive
Sep 1, 2026
Sparton Resources has entered a definitive option and joint venture agreement with Glen Eagle Resources for the past-producing Morrison Silver Mine in northeastern Ontario. Glen Eagle can earn up to a 70% interest in the property over three years ...
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.