CSE

Sorrento Resources Ltd.

SRS.CN•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.10
Today's Change
+5.26%
Market Cap
$5.82M
Volume
1.00K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Sorrento Resources Ltd. focuses on acquiring, developing, and exploring mineral resource properties in Canada, targeting gold, copper, and silver deposits. The company has a low market cap of $5.82M and has seen a modest price increase of 5.26%. However, it faces significant concerns with a negative ROE of -45.4% and ROA of -36.6%, indicating poor profitability. Additionally, a current ratio of 0.51 suggests liquidity issues, although its low debt/equity ratio of 0.11 indicates limited leverage. Overall, while there is potential in resource exploration, financial health raises red flags.

Based on 20 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.33
52 Week Low$0.10
Avg Volume46.80K
Beta0.00
Shares Outstanding61.25M

🔥 Valuation

Market Cap$5.82M
Enterprise Value$4.85M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

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Cash Runway Critical

Company has $114K in cash but burned $128K last quarter. At this burn rate, only 0.9 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-802K over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $511K over the last year.

🌟 Opportunities

📊

No significant opportunities identified

Based on current financial metrics

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