One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Nevada Sunrise Metals Corporation
NVSGF · PNK · Basic Materials · Other Industrial Metals & Mining
Current price
$0.02
52-week range
$0.01 - $0.05
Market cap
$3.22M
Balance sheet
Healthy
-115.70x Concerning
Net cash $822.81K. Interest coverage shows how many times profit covers the interest bill.
What stands out
0 Rewards
1 Risk
0 rewards · 1 risks
View details ↓What this company does
Nevada Sunrise Metals Corporation
Nevada Sunrise Metals Corporation is a company that searches for and evaluates valuable minerals like gold, copper, and lithium in Nevada. Their main income comes from finding these minerals, which are important because they can be sold to other companies for making things like electronics and batteries. This matters because finding new mineral deposits can lead to profits if they are valuable enough to mine.
How the company got here
Nevada Sunrise Metals Corporation was founded in 2007 and went public in 2008, during a period of financial turmoil. The company has focused on acquiring and exploring mineral properties in Nevada, a region known for its mining potential. Over the years, Nevada Sunrise has built a diverse portfolio of projects, adapting its strategy through changing commodity cycles, from its initial focus on gold to including copper and lithium assets. The company has also changed its name, from Nevada Sunrise Gold Corporation to Nevada Sunrise Metals Corporation in September 2022, reflecting its broader focus on various metals.
What it actually does
Nevada Sunrise Metals Corporation is a company that explores for valuable minerals in the ground. Think of them like a treasure hunter, but instead of looking for buried chests, they are searching for deposits of gold, copper, and lithium. These are all metals that are used in many everyday products and industries, from electronics to batteries and jewelry. The company doesn't mine or sell these metals itself; instead, it focuses on finding promising locations, acquiring the rights to explore them, and then evaluating their potential.
Gold Projects
Nevada Sunrise is actively exploring for gold at several projects. The Griffon Gold Mine Project is a significant focus, as it's a past-producing mine where gold was extracted in the late 1990s. The company is also involved in the Fivemile Gold Project, which is located near other major gold deposits. These projects involve acquiring claims (rights to explore specific areas) and using modern techniques, including artificial intelligence, to analyze historical data and identify promising areas for future drilling.
Lithium Projects
The company is also exploring for lithium, a key component in batteries for electric vehicles and electronics. Nevada Sunrise holds interests in several lithium properties, including the Gemini West, Jackson Wash, and Badlands lithium projects, all located in the Lida Valley area of Nevada. These areas are considered prospective for lithium found in both sediments and brines (salty water). The company acquires these properties through staking (claiming the land) or other agreements.
Copper Projects
Nevada Sunrise is exploring for copper, a metal widely used in construction, electronics, and transportation. The Coronado Copper Project is their main copper exploration site, located in an area known for copper mineralization and near a historic copper mine. The company has an option to earn a 100% interest in this project, meaning they can gain full ownership by meeting certain conditions. This project is part of their strategy to diversify their mineral holdings.
What management is betting on now
Nevada Sunrise's management is focused on leveraging advanced technology, like artificial intelligence, to improve the efficiency and success rate of their mineral exploration efforts. They are strategically acquiring and advancing projects in Nevada, a favorable mining jurisdiction, aiming to discover and develop valuable gold, copper, and lithium deposits. This approach combines historical data with modern exploration techniques to identify high-potential targets, with the goal of creating shareholder value through the discovery of significant mineral resources.
Price history
How the share price has moved
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Is it cheap or expensive?
Fair value — vs current price $0.02
We couldn't calculate a fair value right now.
Is it drowning in debt?
Healthy
Net cash $822,812 - more cash than debt. Interest coverage -115.7x.
Net debt
$-822.81K
Interest coverage
-115.70x
Nevada Sunrise Metals Corporation is healthier than 0 of 1 peers on balance-sheet leverage.
Healthy
Worse cushion
Baseline
Better cushion
NVSGF
BASELINE
Nevada Sunrise Metals Corporation
Total debt $0.00 Interest coverage -115.70x This is the baseline the peer rows are being compared against.
What you should know
The case for and against NVSGF
0 Rewards
1 Risk
Rewards
Risks
-
Return on equity was -111.7% last year — the company lost money on shareholders' equity.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
—
Forward P/E
—
P/B
2.59x
P/S
—
EV/EBITDA
-2.05x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
0.0%
Operating margin
0.0%
Net margin
0.0%
ROE
-111.7%
ROA
-95.9%
Health
Liquidity and balance-sheet strength
Debt / equity
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Current ratio
14.44x
Quick ratio
14.01x
Total debt
$0.00
Total cash
$822.81K
Growth
How the business has been compounding
Revenue TTM
$0.00
Revenue 5Y CAGR
—
EPS TTM
-0.01
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-433.86K
Free CF TTM
$-550.75K
FCF margin
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Dividend
Shareholder payout
Yield
0.0%
Payout ratio
0.0%
Last ex-div date
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