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Surge Battery Metals

NILIF
Other Precious Metals · Basic Materials
Price
$0.63
+0.01 (+2.44%)
Market Cap
$158.2M
Exchange
Other OTC
Winston Score
Winston looking sleepy
No score yet — Winston is napping.
We couldn’t gather enough financial data to score this stock reliably.

Share count rising — dilution

+165.5% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 67.1M (2021) → 178.0M (2025)

Surge Battery Metals Inc., an exploration firm founded in 1987 and headquartered in Vancouver, Canada, focuses on identifying, acquiring, and advancing mineral properties across North America. The company's diverse interests encompass a wide range of valuable metals, including gold, copper, lead, zinc, silver, cobalt, nickel, and other precious metals. Its property portfolio includes an option to secure a 60% ownership in two significant cobalt projects in Ontario, Canada: the Teledyne Cobalt and Glencore Bucke Cobalt properties. In Nevada, the company possesses a stake in the Nevada North lithium project, which comprises 154 mineral claims extending over roughly 794 hectares. Furthermore, it holds an option to acquire an 80% interest in the San Emidio Desert Lithium project, a 2,800-acre site made up of 35 mineral claims located northeast of Reno, Nevada. Expanding its Canadian footprint, Surge Battery Metals has an option to obtain full (100%) control of British Columbia's Quatse Lake property, which covers 1,786 hectares across four mineral claims. The company also maintains an 80% interest in an additional nickel project situated in British Columbia. Initially incorporated as Copper Creek Gold Corp., the company changed its name to Surge Exploration Inc. in April 2018 before adopting its current designation as Surge Battery Metals Inc.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

Revenue data limited

EPS Growth

-100.0% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$0/ year

Research and development spending

Cash Runway

~5 years

$41M cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

$41M cash & investments at current burn rate

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

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Quality

Gross Margin
N/A
Data not available
Operating Margin
N/A
Data not available
ROCE
-11.3%
Weak — -11.3% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

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Growth

Sales YoY
N/A
Data not available
EPS YoY
N/A
Data not available
EPS Consistency
5/8 quarters
Mixed — about half the quarters showed growth

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Cash Flow

Cash Conversion
N/A
Data not available
FCF Margin
N/A
Data not available

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Stability

Debt / Equity
N/A
Data not available
Interest Cover
N/A
Data not available

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Valuation

P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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