Searchlight Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for uranium, cobalt, vanadium, lead, copper, zinc, gold, base metals, and rare earth elements. It has a drill and surface exploration permit for the Robinson Creek Gold project, located approximately 16 km west of Creighton, Saskatchewan and Flin Flon, Manitoba. It has also acquired the Mari Lake high-grade gold project located approximately 30 km north of Creighton, Saskatchewan and Flin Flon, Manitoba. The company was formerly known as Canyon Copper Corp. and changed its name to Searchlight Resources Inc. in July 2018. Searchlight Resources Inc. was incorporated in 2000 and is headquartered in Vancouver, Canada.
Research context
Searchlight Resources Inc appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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- Basic Materials
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- Other Industrial Metals & Mining
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5 years, 6 months ago
Searchlight Resources Inc is currently in a long term downtrend where the price is trading 24.2% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the sector with a price to sales ratio of 0.0.
Its net income has dropped by 0.0% to $-258K since the same quarter in the previous year.
Finally, its free cash flow fell by 72.9% to $-262K since the same quarter in the previous year.
Based on the above factors, Searchlight Resources Inc gets an overall score of 1/5.