Salazar Resources (TSXV:SRL) - Stock Price, News & Analysis

SRL Stock Overview

A junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Latin America. More details

SRL fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings have declined by 34.3% per year over past 5 years

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

Does not have a meaningful market cap (CA$18M)

Shareholders have been diluted in the past year

Salazar Resources Limited Competitors

Callinex Mines

TSXV:CNX

CA$18.0m

Commerce Resources

TSXV:CCE

CA$17.0m

Aston Bay Holdings

TSXV:BAY

CA$16.4m

Euro Manganese

TSXV:EMN

CA$18.1m

Price History & Performance

Summary of all time highs, changes and price drops for Salazar Resources
Historical stock prices
Current Share Price	CA$0.08
52 Week High	CA$0.12
52 Week Low	CA$0.045
Beta	0.85
11 Month Change	-5.88%
3 Month Change	-11.11%
1 Year Change	45.45%
33 Year Change	-74.19%
5 Year Change	-52.94%
Change since IPO	-80.00%

Recent updates

Shareholder Returns

	SRL	CA Metals and Mining	CA Market
7D	6.7%	6.6%	2.2%
1Y	45.5%	32.2%	23.4%

Return vs Industry: SRL exceeded the Canadian Metals and Mining industry which returned 32.1% over the past year.

Return vs Market: SRL exceeded the Canadian Market which returned 23.4% over the past year.

Price Volatility

Is SRL's price volatile compared to industry and market?
SRL volatility
SRL Average Weekly Movement	9.7%
Metals and Mining Industry Average Movement	10.4%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.7%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: SRL has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: SRL's weekly volatility has decreased from 15% to 10% over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Fredy Salazar	salazarresources.com

Salazar Resources Limited, a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Latin America. The company primarily explores for copper, zinc, lead, gold, and silver, as well as volcanogenic massive sulfide deposits in Ecuador. Salazar Resources Limited is based in Vancouver, Canada.

Salazar Resources Limited Fundamentals Summary

How do Salazar Resources's earnings and revenue compare to its market cap?
SRL fundamental statistics
Market cap	CA$17.91m
Earnings (TTM)	-CA$6.55m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-2.7x

P/E Ratio

Is SRL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SRL income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$6.55m
Earnings	-CA$6.55m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 29, 2024

Earnings per share (EPS)	-0.029
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did SRL perform over the long term?

See historical performance and comparison

SRL Stock Overview

Risk Analysis

Salazar Resources Limited Competitors

TSXV:CNX

CA$18.0m

TSXV:CCE

CA$17.0m

TSXV:BAY

CA$16.4m

TSXV:EMN

CA$18.1m

Price History & Performance

Recent News & Updates

Salazar Resources Limited to Report Nine Months, 2024 Results on Nov 29, 2024

Salazar Resources Limited to Report Nine Months, 2024 Results on Nov 29, 2024

Salazar Resources Limited announced that it has received CAD 0.4998 million in funding

Salazar Resources Limited announced that it expects to receive CAD 0.4998 million in funding

Insufficient new directors

President exercised options to buy CA$60k worth of stock.

Recent updates

Salazar Resources Limited to Report Nine Months, 2024 Results on Nov 29, 2024

Salazar Resources Limited to Report Nine Months, 2024 Results on Nov 29, 2024

Salazar Resources Limited announced that it has received CAD 0.4998 million in funding

Salazar Resources Limited announced that it expects to receive CAD 0.4998 million in funding

Insufficient new directors

President exercised options to buy CA$60k worth of stock.

New minor risk - Shareholder dilution

Salazar Resources Limited announced that it has received CAD 1.53 million in funding

Salazar Resources Limited, Annual General Meeting, Jun 19, 2024

Salazar Resources Limited announced that it has received CAD 0.162243 million in funding

Salazar Resources Limited announced that it expects to receive CAD 1.5 million in funding

Adventus Mining Corporation and Salazar Resources Limited, Announces Ministry of Energy and Mines of Ecuador Grant Approval for the Design, Construction, Operation, and Maintenance of Tailings Storage Facility

New major risk - Share price stability

Final Stage of the Environmental Consultation Process for the El Domo - Curipamba Project has been Completed - Clearing the Way for Issuance of the Environmental License

New major risk - Share price stability

New major risk - Market cap size

Adventus Mining Corporation and Salazar Resources Limited Provide an Update on El Domo - Curipamba Copper-Gold Project

Adventus Mining Corporation and Salazar Resources Limited Announce Additional Drilling Results for El Domo Underground - Including 9.46 Metres of 8.83% Copper Equivalent

Salazar Resources Limited, Annual General Meeting, Jan 19, 2023

Adventus Mining and Salazar Announce Additional Drilling Results for El Domo Underground - Including 5.50 Metres of 7.58% Copper Equivalent

Salazar Resources Limited announced that it expects to receive CAD 3 million in funding

Adventus Mining and Salazar Announce First Batch of Drilling Results for El Domo Underground - Including 6.91 Metres of 6.17% Copper Equivalent

Adventus Mining and Salazar Announce Start of the Underground Mineral Resource Upgrade At El Domo and Ongoing Drilling Activities At the Curipamba Copper-Gold Project

Salazar Resources Limited Announces the Final Results from the 2,575m Los Santos Exploration Drilling Program

Salazar Resources Limited Reports Trench and Drill Results from Los Santos

Adventus Mining and Salazar Resources Receive Esia Technical Approval for the Curipamba-El Domo Copper-Gold Project in Ecuador

Salazar Resources Limited Reports 20.2 G/T Au and 1,217 G/T Ag in Grab Sample, and Visible Gold in Drill Core At Los Santos, Partial Assays Received from Rumiñahui

CFO & Director exercised options and sold CA$99k worth of stock

President exercised options to buy CA$386k worth of stock.

Salazar Resources Limited Announces Latest Drill Holes OSO-03 and OSO-05

Adventus and Salazar Announce Drilling Results At the El Domo Deposit Highlighted by 26.8% Copper Equivalent over 9.1 Metres

Adventus and Salazar Announce Drilling Results at the El Domo Deposit Highlighted by 4.35% Copper Equivalent Over 67.0 Metres

We're Hopeful That Salazar Resources (CVE:SRL) Will Use Its Cash Wisely

Adventus and Salazar Announce Drilling Results at the El Domo Deposit Highlighted by 11.55% Copper Equivalent Over 16.86 Metres and Provide a Regional Exploration Update for the Curipamba Project

Independent Director has left the company

Adventus Mining Corporation and Salazar Resources Limited Announce Drilling Results at the El Domo Deposit

New 90-day low: CA$0.29

Adventus and Salazar Announces Drilling Results at the El Domo Deposit

Salazar Resources Limited Reports Initial Assay Results from the Wholly-Owned Los Osos Project in El Oro, Ecuador

Adventus and Salazar Announce Drilling Results at the El Domo Deposit Highlighted by 13.61% Copper Equivalent Over 16.96 Metres

Salazar Resources Limited announced that it has received CAD 6.5002 million in funding

Salazar Resources Limited announced that it expects to receive CAD 6.5002 million in funding

Will Salazar Resources (CVE:SRL) Spend Its Cash Wisely?

New 90-day high: CA$0.40

Salazar Resources Limited Announces Plans for the Most Active Exploration Program in Its 14-Year History Which Will See Drilling Undertaken At Four of Its 100% Owned Properties

Adventus and Salazar Announce Drilling Results At the El Domo Deposit Highlighted by 17.38% Copper Equivalent over 5.70 Metres and Provide an Update on 2021 Exploration and Development Plans in Ecuador

Adventus and Salazar Announce Initial 2020-2021 Drill Program Results At the EL Domo Deposit Highlighted by 6.41% Copper Equivalent over 12.28 Metres Grading 2.77% Copper, 1.76 Gpt Gold, 1.79% Zinc, 155.3 Gpt Silver and 0.15% Lead

Adventus Mining Corporation and Salazar Resources Limited Provide Positive Progress Results from the El Domo Copper-Gold Feasibility Study

Salazar Resources Limited Provides an Update on Its Wholly Owned Los Osos Project, Held by Minera Del Valle S.A

Salazar Resources Limited Starts Ground-Based Gravity and Magnetic Geophysical Survey At the 100% Owned Macara Gold

Adventus Mining Corporation and Salazar Resources Limited Identify Porphyry System at Pijili Project

Adventus Mining Corporation and Salazar Resources Limited Announce Restart of Drilling Activities at the Curipamba Project in Ecuador

Adventus Mining Corporation and Salazar Resources Limited Add Second Drill Rig to Exploration Program at the Pijili Project and Provide Drilling Progress Update

Salazar Resources Limited Announces Start of A 5,000 Meter Diamond Drill Program At Its Los Osos Copper-Gold Property

New 90-day high - CA$0.33

New 90-day high - CA$0.32

We Think Salazar Resources (CVE:SRL) Can Afford To Drive Business Growth

Shareholder Returns

Price Volatility

About the Company