TSXV:SNG

Stock Analysis Report

Silver Range Resources

Executive Summary

Silver Range Resources Ltd., a junior resource exploration company, engages in the acquisition and early stage exploration of precious metal resources in Canada.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Silver Range Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SNG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

n/a

SNG

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

-12.5%

SNG

2.2%

CA Metals and Mining

-2.0%

CA Market

Return vs Industry: SNG underperformed the Canadian Metals and Mining industry which returned 2.2% over the past year.

Return vs Market: SNG underperformed the Canadian Market which returned -2% over the past year.


Shareholder returns

SNGIndustryMarket
7 Dayn/a-6.0%-6.2%
30 Day5.0%-1.0%-5.0%
90 Day16.7%4.9%-2.8%
1 Year-12.5%-12.5%2.9%2.2%1.1%-2.0%
3 Year-50.0%-50.0%-2.8%-4.5%10.7%0.6%
5 Year16.7%16.7%25.0%21.4%27.6%8.9%

Price Volatility Vs. Market

How volatile is Silver Range Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Silver Range Resources undervalued compared to its fair value and its price relative to the market?

1.73x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SNG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SNG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SNG is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: SNG is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SNG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SNG is overvalued based on its PB Ratio (1.7x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Silver Range Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.0%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Silver Range Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Silver Range Resources performed over the past 5 years?

36.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SNG is currently unprofitable.

Growing Profit Margin: SNG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SNG is unprofitable, but has reduced losses over the past 5 years at a rate of 36.9% per year.

Accelerating Growth: Unable to compare SNG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SNG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).


Return on Equity

High ROE: SNG has a negative Return on Equity (-27.86%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Silver Range Resources's financial position?


Financial Position Analysis

Short Term Liabilities: SNG's short term assets (CA$444.8K) exceed its short term liabilities (CA$66.1K).

Long Term Liabilities: SNG's short term assets (CA$444.8K) exceed its long term liabilities (CA$50.2K).


Debt to Equity History and Analysis

Debt Level: SNG is debt free.

Reducing Debt: SNG has not had any debt for past 5 years.


Balance Sheet

Inventory Level: SNG has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if SNG's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SNG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SNG has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.2% each year.


Next Steps

Dividend

What is Silver Range Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%5.9%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate SNG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate SNG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SNG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SNG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SNG's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.8yrs

Average board tenure


CEO

Mike Power 0

3.9yrs

Tenure

CA$186,350

Compensation

Mr. Michael A. Power, also known as Mike, M.Sc., P.Geo. has been the Chief Executive Officer and President of Silver Range Resources Ltd. since March 19, 2016. Mr. Power serves as the President at Panarc R ...


Board Members

NamePositionTenureCompensationOwnership
Michael Power
President3.9yrsCA$186.35k0.77% CA$60.7k
Bruce Kenway
Independent Director8.8yrsno data0.46% CA$35.7k
Timothy Termuende
Independent Director0.08yrsno datano data
Bruce Youngman
Independent Director9.1yrsno data0.35% CA$27.3k
William Eaton
Director9.1yrsno data11% CA$863.1k

8.8yrs

Average Tenure

61yo

Average Age

Experienced Board: SNG's board of directors are considered experienced (8.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.2%.


Top Shareholders

Company Information

Silver Range Resources Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Silver Range Resources Ltd.
  • Ticker: SNG
  • Exchange: TSXV
  • Founded: 2010
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$7.849m
  • Shares outstanding: 74.75m
  • Website: https://www.silverrangeresources.com

Location

  • Silver Range Resources Ltd.
  • 510 West Hastings Street
  • Suite 1016
  • Vancouver
  • British Columbia
  • V6B 1L8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SNGTSXV (TSX Venture Exchange)YesCommon SharesCACADAug 2011
8SRDB (Deutsche Boerse AG)YesCommon SharesDEEURAug 2011
SLRR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDAug 2011

Biography

Silver Range Resources Ltd., a junior resource exploration company, engages in the acquisition and early stage exploration of precious metal resources in Canada. The company explores for gold, silver, zinc, lead, and copper deposits. Its property portfolio comprises 42 mineral properties located in Nevada, the Northwest Territories, Nunavut, and the Yukon Territory. The company was incorporated in 2010 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 02:18
End of Day Share Price2020/02/27 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.