Silver Elephant Mining Corp.
SILEF · Metal Mining · EDGAR filings ↗
Grade
F38Silver Elephant Mining is a distressed, near-cash-out junior explorer with stale FY2021 data and ~1.1 quarters of runway.
Strengths
- Current ratio 4.4 on a small base provides minimal short-term cover
- Holds vanadium/silver/coal exploration properties
Risks
- Only ~$0.45M cash and ~1.1 quarters of runway; history of losses and going-concern-type language
- Stale FY2021 reporting period (>18 months old), no revenue, severe dilution risk
Notable findings
- Cash burnNegative free cash flow (-1.7M)
Key metrics
Return on equity
-13.5%
Return on assets
-11.0%
Current ratio
4.4×
Free cash flow
-$2M
Tangible book value
$40M
Cash & investments
$454K
Cash runway
1q
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2022-05-09 | 2021-12-31 | 0001654954-22-006300 ↗ |
| 20-F | 2021-03-15 | 2020-12-31 | 0001654954-21-002782 ↗ |
| 20-F | 2020-03-31 | 2019-12-31 | 0001654954-20-003597 ↗ |
| 20-F | 2019-03-29 | 2018-12-31 | 0001654954-19-003694 ↗ |