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Silver Storm Mining closes private placement of $21 million
Silver Storm Mining has completed the second tranche of a non‑brokered private placement and, together with the first tranche, issued a total of 42,000,000 units at $0.50 each, generating gross proceeds of $21,000,000. Each unit consists of one common share and one half of a warrant; one full warrant entitles the holder to acquire an additional common share at $0.70 within 18 months of the closing of the second tranche. The company paid finder's fees totaling $136,918.50 (approximately 3.0%) and intends to use the net proceeds for surface and underground drilling programs at the La Parrilla silver mining complex, as well as for general corporate purposes and working capital. The issued securities are subject to a hold period of four months plus one day, and the transaction received conditional approval from the TSX Venture Exchange. » More on de.investing.com
Silver Storm Mining reports unchanged loss per share in quarter and year
Silver Storm Mining released results for the quarter ended March 31, 2026, reporting a loss per share of 0.01 CAD, unchanged from the year-ago quarter. For the fiscal year just ended, loss per share was 0.03 CAD, also at the prior year’s level. » More on finanzen.net
Silver Storm Mining completes bought-deal financing of C$13.8 million
Silver Storm Mining completed a bought‑deal private placement raising gross proceeds of C$13,766,250 by selling 55,065,000 units at C$0.25 each; this includes partial exercise of the over-allotment option. Each unit consists of one common share and one-half warrant, with whole warrants exercisable at C$0.35 until September 22, 2028. Red Cloud Securities acted as sole underwriter and received a cash fee plus non-transferable warrants. Net proceeds will be used to recommission the La Parrilla silver complex in Durango, Mexico, and for general corporate purposes; the offering is subject to final approval by the TSX Venture Exchange. » More on de.investing.com
Financials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 0 | - |
| Gross profit | -54.89K | 87.84% |
| Net profit | -3.99M | 440.90% |
| EBITDA | -3.98M | 665.15% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €194.53M |
Number of shares | 870.36M |
52-week high/low | €0.51 - €0.13 |
| Dividends | No |
Beta | 1.63 |
P/E ratio | -10.94 |
PEG ratio | 0.29 |
P/B ratio | 4.93 |
P/S ratio | 0.00 |
Company profile
Silver Storm Mining Ltd., a mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties. The company explores for silver, zinc, copper, lead, and gold deposits. It holds a 100% interest in the San Diego property that consists of 4 mining concessions covering an area of 91.65 hectares located in Durango State, Mexico. The company was formerly known as Golden Tag Resources Ltd. and changed its name to Silver Storm Mining Ltd. in November 2023. Silver Storm Mining Ltd. was incorporated in 1995 and is headquartered in Toronto, Canada.
| Name | SILVER STORM MINING LTD Aktie |
| CEO | Gregory McKenzie |
| Headquarters | Toronto,
on Canada |
| Website | |
| Sector | Materials |
| Industry | Metals & Mining |
| IPO | 08/08/1996 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
Frankfurt | SVR.F |