Searchlight Resources (TSXV:SCLT) - Stock Price, News & Analysis

SCLT Stock Overview

An exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada.

SCLT fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 24.9% per year over past 5 years

Does not have a meaningful market cap (CA$1M)

Has less than 1 year of cash runway

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

+ 2 more risks

Searchlight Resources Inc. Competitors

Azucar Minerals

TSXV:AMZ

CA$1.5m

MetalQuest Mining

TSXV:MQM

CA$1.5m

Kingman Minerals

TSXV:KGS

CA$1.4m

Silver Valley Metals

TSXV:SILV

CA$1.4m

Price History & Performance

Summary of all time highs, changes and price drops for Searchlight Resources
Historical stock prices
Current Share Price	CA$0.01
52 Week High	CA$0.05
52 Week Low	CA$0.005
Beta	0.30
11 Month Change	100.00%
3 Month Change	0%
1 Year Change	-50.00%
33 Year Change	-87.50%
5 Year Change	-60.00%
Change since IPO	-99.92%

Recent updates

Shareholder Returns

	SCLT	CA Metals and Mining	CA Market
7D	100.0%	-1.3%	1.8%
1Y	-50.0%	38.5%	24.2%

Return vs Industry: SCLT underperformed the Canadian Metals and Mining industry which returned 41.5% over the past year.

Return vs Market: SCLT underperformed the Canadian Market which returned 24.7% over the past year.

Price Volatility

Is SCLT's price volatile compared to industry and market?
SCLT volatility
SCLT Average Weekly Movement	92.0%
Metals and Mining Industry Average Movement	10.7%
Market Average Movement	8.2%
10% most volatile stocks in CA Market	17.9%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: SCLT's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: SCLT's weekly volatility has increased from 58% to 92% over the past year.

About the Company

Founded	Employees	CEO	Website
2000	n/a	Stephen Wallace	www.searchlightresources.com

Searchlight Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for copper, lead, cobalt, gold, vanadium, nickel, and uranium deposits, as well as rare earth elements. Its flagship property is the 100% owned Kulyk Lake Rare Earth project comprising two claims and covering an area of approximately 317.1 square kilometers located in north of La Ronge, Saskatchewan.

Searchlight Resources Inc. Fundamentals Summary

How do Searchlight Resources's earnings and revenue compare to its market cap?
SCLT fundamental statistics
Market cap	CA$1.47m
Earnings (TTM)	-CA$1.19m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1.2x

P/E Ratio

Is SCLT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SCLT income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$1.19m
Earnings	-CA$1.19m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0081
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did SCLT perform over the long term?

See historical performance and comparison

SCLT Stock Overview

Rewards

Risk Analysis

Searchlight Resources Inc. Competitors

TSXV:AMZ

CA$1.5m

TSXV:MQM

CA$1.5m

TSXV:KGS

CA$1.4m

TSXV:SILV

CA$1.4m

Price History & Performance

Recent News & Updates

New major risk - Financial data availability

Searchlight Resources Inc. Reports Anomalous Uranium & Rare Earth MMI Results from Kulyk Lake Project

New major risk - Financial position

Searchlight Resources Inc. Stakes Milner Lake Uranium Project in Saskatchewan

Searchlight Resources Inc. announced that it has received CAD 0.205002 million in funding

Searchlight Resources Inc. announced that it expects to receive CAD 0.3 million in funding

Recent updates

New major risk - Financial data availability

Searchlight Resources Inc. Reports Anomalous Uranium & Rare Earth MMI Results from Kulyk Lake Project

New major risk - Financial position

Searchlight Resources Inc. Stakes Milner Lake Uranium Project in Saskatchewan

Searchlight Resources Inc. announced that it has received CAD 0.205002 million in funding

Searchlight Resources Inc. announced that it expects to receive CAD 0.3 million in funding

New major risk - Financial position

Searchlight Resources Inc. Announces 2023 Field Exploration Begins on the Company's Wholly-Owned Duddridge Lake Uranium Deposit

Searchlight Resources Inc. Begins 2023 Exploration At Kulyk Lake Rare Earth / Uranium Project

Searchlight Resources Inc. Provides Update on Wapawekka Lake Greenstone Belt Targets

Searchlight Resources Inc., Annual General Meeting, Jan 27, 2023

Searchlight Resources Inc. Announces the Staking of Jan Lake Pegmatites Located Approximately 60 Kilometres West of Creighton, Saskatchewan, and Flin Flon, Manitoba

Searchlight Resources Inc. Contracts Saskatchewan Research Council to Undertake Rare Earth Elements Beneficiation Study

Searchlight Resources Inc. Confirms Critical Elements Mineralization at Kulyk Lake and Launches Phase 2 Exploration Program

Searchlight Resources Inc. announced that it has received CAD 0.9842 million in funding

Searchlight Resources Inc. announced that it expects to receive CAD 0.5 million in funding

Searchlight Resources Inc. Confirms Strong Radioactivity At South Kulyk Lake Uranium Target

Searchlight Resources Confirms Airborne Radiometric Anomalies in Ground Survey

Dr. John Belhumeur Joins the Searchlight Resources Advisory Board as Indigenous and Community Advisor

Searchlight Resources Begins Field Work on Rare Earth and Uranium Targets on Kulyk Lake Exploration Project

Searchlight Resources Inc. Announces Initial Results of High-Resolution Aeromagnetic and Radiometric Surveys on Duddridge Lake Uranium Copper Project, Located Approximately 75 Kilometers Northwest of La Ronge, Saskatchewan

Searchlight Resources Inc. Completes Drill Hole Compilation At Robinson Creek Gold Project

Searchlight Resources Inc. Completes Airborne Magnetic Survey At Robinson Creek Gold Project

Searchlight Resources Inc. announced that it has received CAD 1.405687 million in funding

Less than half of directors are independent

Chairman & VP of Corporate Development recently sold CA$120k worth of stock

Searchlight Resources Inc. announced that it expects to receive CAD 2 million in funding

Searchlight Resources Inc. (TSXV:SCLT) acquired Three Rare Earth Projects in Northern Saskatchewan.

Searchlight Resources Inc. Announces Drilling Results on the Henning-Maloney

Searchlight Resources Inc. Announces Completion Drill Program on Henning-Maloney Gold Target

Searchlight Resources Inc. announced that it has received CAD 0.9967 million in funding

Searchlight Resources Inc. announced that it expects to receive CAD 0.9707 million in funding

Saskatchewan Ministry of Environment Grants Drill Permits to Searchlight Resources Inc. for the Beatty South Copper Target and the Henning-Maloney Gold Target, Creighton, Saskatchewan

Searchlight Resources Inc. Announces Results of Samples at Henning-Maloney Gold Target in Saskatchewan

Searchlight Resources Inc. announced that it has received CAD 0.131703 million in funding

Searchlight Resources Inc., Annual General Meeting, Jan 21, 2021

Searchlight Resources Initiates Exploration on Henning-Maloney Gold Target in Saskatchewan

Searchlight Resources Inc. (TSXV:SCLT) acquired claims covering 184.7 sq. km within Flin Flon Greenstone Belt in Saskatchewan.

Shareholder Returns

Price Volatility

About the Company

Searchlight Resources Inc. Fundamentals Summary

0.0x

-1.2x

Earnings & Revenue