Silver Range Resources Ltd., a junior resource exploration company, engages in the acquisition and early stage exploration of precious metal resources in Canada.
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.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
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.
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
1 month ago | Simply Wall StWe Think Silver Range Resources (CVE:SNG) Needs To Drive Business Growth Carefully
3 months ago | Simply Wall StHow Much Of Silver Range Resources Ltd. (CVE:SNG) Do Insiders Own?
4 months ago | Simply Wall StWe Think Silver Range Resources (CVE:SNG) Can Afford To Drive Business Growth
Is Silver Range Resources undervalued compared to its fair value and its price relative to the market?
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).
How is Silver Range Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Silver Range Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Silver Range Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Silver Range Resources performed over the past 5 years?
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
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.
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.
What is Silver Range Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mike Power 0
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 ...
|Independent Director||8.8yrs||no data||0.46% CA$35.7k|
|Independent Director||0.08yrs||no data||no data|
|Independent Director||9.1yrs||no data||0.35% CA$27.3k|
|Director||9.1yrs||no data||11% CA$863.1k|
Experienced Board: SNG's board of directors are considered experienced (8.8 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.2%.
Silver Range Resources Ltd.'s company bio, employee growth, exchange listings and data sources
- 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
- Silver Range Resources Ltd.
- 510 West Hastings Street
- Suite 1016
- British Columbia
- V6B 1L8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SNG||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Aug 2011|
|8SR||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2011|
|SLRR.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2011|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 02:18|
|End of Day Share Price||2020/02/27 00:00|
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.