Sunshine Metals (ASX:SHN) - Stock Price, News & Analysis

SHN Stock Overview

Sunshine Metals Limited engages in the exploration, discovery, and development of mineral projects in Queensland.

SHN fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

Makes less than USD$1m in revenue (A$0)

Shareholders have been substantially diluted in the past year

Highly volatile share price over the past 3 months

Earnings have declined by 49.4% per year over past 5 years

+ 1 more risk

Sunshine Metals Limited Competitors

Lefroy Exploration

ASX:LEX

AU$26.0m

Vital Metals

ASX:VML

AU$29.5m

Infinity Lithium

ASX:INF

AU$29.6m

Navarre Minerals

ASX:NML

AU$28.6m

Price History & Performance

Summary of all time highs, changes and price drops for Sunshine Metals
Historical stock prices
Current Share Price	AU$0.019
52 Week High	AU$0.039
52 Week Low	AU$0.009
Beta	2.03
1 Month Change	35.71%
3 Month Change	58.33%
1 Year Change	-9.52%
3 Year Change	-63.46%
5 Year Change	n/a
Change since IPO	-90.50%

Recent updates

Have Insiders Been Buying Sunshine Gold Limited (ASX:SHN) Shares?

Mar 09

Shareholder Returns

	SHN	AU Metals and Mining	AU Market
7D	11.8%	-0.8%	-2.8%
1Y	-9.5%	-6.7%	4.0%

Return vs Industry: SHN underperformed the Australian Metals and Mining industry which returned -6.7% over the past year.

Return vs Market: SHN underperformed the Australian Market which returned 4% over the past year.

Price Volatility

Is SHN's price volatile compared to industry and market?
SHN volatility
SHN Average Weekly Movement	18.8%
Metals and Mining Industry Average Movement	12.5%
Market Average Movement	9.0%
10% most volatile stocks in AU Market	17.4%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: SHN's share price has been volatile over the past 3 months.

Volatility Over Time: SHN's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
1994	n/a	Damien Keys	shnmetals.com.au

Sunshine Metals Limited engages in the exploration, discovery, and development of mineral projects in Queensland. It explores for copper, gold, zinc, lead, and silver. The company was formerly known as Sunshine Gold Limited and changed its name to Sunshine Metals Limited in July 2023.

Sunshine Metals Limited Fundamentals Summary

How do Sunshine Metals's earnings and revenue compare to its market cap?
SHN fundamental statistics
Market cap	AU$30.60m
Earnings (TTM)	-AU$3.57m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-8.1x

P/E Ratio

Is SHN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHN income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$3.57m
Earnings	-AU$3.57m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0023
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did SHN perform over the long term?

See historical performance and comparison

SHN Stock Overview

Rewards

Risk Analysis

Sunshine Metals Limited Competitors

ASX:LEX

AU$26.0m

ASX:VML

AU$29.5m

ASX:INF

AU$29.6m

ASX:NML

AU$28.6m

Price History & Performance

Recent News & Updates

Sunshine Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million.

New major risk - Market cap size

Sunshine Metals Limited Receives Encouraging First Pass Drilling Results Across its Lighthouse Farm-In Ground

New major risk - Market cap size

New major risk - Shareholder dilution

New minor risk - Financial data availability

Recent updates

Sunshine Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million.

New major risk - Market cap size

Sunshine Metals Limited Receives Encouraging First Pass Drilling Results Across its Lighthouse Farm-In Ground

New major risk - Market cap size

New major risk - Shareholder dilution

New minor risk - Financial data availability

Sunshine Metal Limited, Annual General Meeting, Nov 21, 2023

New minor risk - Financial data availability

Sunshine Metal Limited (ASX:SHN) completed the acquisition of Greater Liontown Project.

Non-Executive Director recently bought AU$148k worth of stock

Sunshine Gold Limited (ASX:SHN) agreed to acquire Greater Liontown Project for AUD 5.3 million.

Sunshine Gold Limited Announces Intrusion Related Gold System At Wilburs Hill

Sunshine Gold Limited Reports Abundant Sulphide Intersections over 250m

No independent directors

Sunshine Gold Limited Announces First Diamond Drill Hole Confirms Complex Intrusive System at Wilbur's Hill, Ravenswood West

Sunshine Gold Limited Commences Aircore Drilling at its Wholly Owned Ravenswood West Project Near Townsville to Test Rare Earth Enriched Intrusion Identified from Stream Sediment and Soil Sampling

Sunshine Gold Limited Starts Drilling At Wilburs Hill Prospect Ravenswood West

Sunshine Gold Limited Announces Exploration Results At Ravenswood West

Sunshine Gold Limited, Annual General Meeting, Nov 11, 2022

Sunshine Gold Limited Updates on Recent Induced Polarisation and Magnetotelluric Geophysical Survey Completes At Wilbur's Hill Au Target, Ravenswood West

Sunshine Gold Limited Announces Broad Copper Zones Continue at Titov and the Bank, Ravenswood West

Sunshine Gold Limited Provides an Update on Field Activities and Geophysical Surveys At Gagarin Cu-Au-Ag-Mo Prospect, Ravenswood West

Sunshine Gold Limited Provides Update from Soils and Mineralogical Analysis At Elphinstone Creek, Ravenswood West

Sunshine Gold Limited Provides an Update on RC Drilling At the Bank Cu-Au-Ag-Mo Prospect, Ravenswood West

Sunshine Gold Limited Recommences Drilling 15km Porphyry Corridor Ravenswood West

Sunshine Gold Limited Announces Induced Polarisation Geophysical Surveys Commence At Ravenswood West

Sunshine Gold Limited Announces Scale of NdPr Rare Earths Target Grows at Elphinstone Creek

Sunshine Gold Limited Announces New Au-Cu Targets Identified High Grade Rock Chip Sampling

No independent directors

Sunshine Gold Limited Announces Assay Results from the 501.5M Diamond Hole Drilled (21TVDD001) and from the Resampled Historic Diamond Hole (DDH5) At the Titov Prospect ("Titov"), Ravenswood West

Sunshine Gold Limited Provides Further Assay Results from Infill and Extensional Drilling in the Southern Corridor

Sunshine Gold Limited Announces High Grade Gold Intercepts in Triumph Southern Corridor Extensional Drilling

Sunshine Gold Limited Announces Significant NDPR Rare Earths Target at Elphinstone Creek, Ravenswood West

Sunshine Gold Limited Provides Update on Diamond Drilling at Titov Cu-Ag-Mo Target, Ravenswood West

Sunshine Gold Limited Announces the Final Drilling Results from the Keans Cu-Au-Ag-Mo Prospect, Part of A >15Km Long Cu-Au-Ag-Mo Corridor at Ravenswood West

Non-Executive Director exercised options to buy AU$153k worth of stock.

Sunshine Gold Limited Announces First Assays Confirm High-Grade Cu-Au-Ag-Mo Potential Along >15Km Long Corridor Keans Drilling Results

Sunshine Gold Limited Updates of Exploration Activities At Ravenswood West

Sunshine Gold Limited announced that it expects to receive AUD 5 million in funding

Sunshine Gold Limited Announces Results from the First Reconnaissance RC Drilling Program

Sunshine Gold Limited Generates New Targets from High-Grade Soils At Dreghorn

Sunshine Gold Limited Commences Its First Field Work Initially Comprised of Mapping and Sampling At Dreghorn and Keans

Have Insiders Been Buying Sunshine Gold Limited (ASX:SHN) Shares?

Sunshine Gold Limited Announces First Results from RC Drilling At Super Hans and Further Results from Infill Drilling At Bald Hill West

Sunshine Gold Limited Announces Bald Hill Results & Recommencement of Drilling

Shareholder Returns

Price Volatility

About the Company

Sunshine Metals Limited Fundamentals Summary

0.0x

-8.1x

Earnings & Revenue