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1 Comment
Silver Mines Limited is currently in a long term uptrend where the price is trading 16.4% above its 200 day moving average.
From a valuation standpoint, the stock is 110.4% more expensive than other stocks from the Basic Materials sector with a price to sales ratio of 1477.2.
Silver Mines Limited's total revenue rose by 62.7% to $157K since the same quarter in the previous year.
Its net income has dropped by 8.1% to $-954K since the same quarter in the previous year.
Finally, its free cash flow grew by 78.9% to $-1M since the same quarter in the previous year.
Based on the above factors, Silver Mines Limited gets an overall score of 3/5.
Sector | Basic Materials |
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ISIN | AU000000SVL8 |
Industry | Silver |
CurrencyCode | AUD |
Exchange | AU |
Market Cap | 344M |
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Beta | 1.14 |
Dividend Yield | 0.0% |
Target Price | 0.05 |
PE Ratio | 0.0 |
Silver Mines Limited primarily engages in the acquisition, exploration, and development of silver projects in Australia. It operates through two segments, Mining and Exploration Operations, and Agricultural Operations. The company also explores for copper, gold, lead, zinc, and polymetallic deposits. Its properties include Bowdens Silver Project, which has silver and polymetallic prospects covering an area of 1,950 square kilometers located in the Central Tablelands Region, New South Wales; the Barabolar Project consists of copper, gold, and silver prospects located in the Macquarie Arc in New South Wales; and Tuena Project with gold and silver prospects, which is located 80 kilometers south of the city of Orange in New South Wales. Silver Mines Limited was incorporated in 2004 and is based in Sydney, Australia.
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