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Silver Bull Resources Inc   (SVBL)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials
 
Price: $0.1075 $0.00 0.467%
Day's High: $0.1076 Week Perf: -4.02 %
Day's Low: $ 0.11 30 Day Perf: -12.32 %
Volume (M): 15 52 Wk High: $ 0.16
Volume (M$): $ 2 52 Wk Avg: $0.10
Open: $0.11 52 Wk Low: $0.06



 Market Capitalization (Millions $) 3
 Shares Outstanding (Millions) 31
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Silver Bull Resources Inc

We engage in the business of mineral exploration. We currently own or have the option to acquire a number of property concessions in Mexico within a mining district known as the Sierra Mojada District, located in the west-central part of the state of Coahuila, Mexico. We conduct our operations in Mexico through our wholly-owned subsidiary corporations, Minera Metalin S.A. de C.V. ("Minera Metalin") and Contratistas de Sierra Mojada S.A. de C.V. ("Contratistas"), and through Minera Metalins wholly-owned subsidiary Minas de Coahuila SBR S.A. de C.V ("Minas").

Silver Bull Resources, Inc. was incorporated in the State of Nevada on November 8, 1993 as the Cadgie Company for the purpose of acquiring and developing mineral properties. The Cadgie Company was a spin-off from its predecessor, Precious Metal Mines, Inc. On June 28, 1996, our name was changed to Metalline Mining Company ("Metalline"). On April 21, 2011, we changed our name to Silver Bull Resources, Inc. We have not realized any revenues from our planned operations, and we are considered an exploration stage company. We have not established any reserves with respect to our exploration projects and may never enter into the development stage with respect to any of our projects.

In April 2010, Metalline Mining Delaware, Inc., our wholly-owned subsidiary, was merged with and into Dome Ventures Corporation ("Dome"). As a result, Dome became a wholly-owned subsidiary of Silver Bull. Dome has a wholly-owned subsidiary, Dome Asia Inc. ("Dome Asia"), which is incorporated in the British Virgin Islands. Dome Asia has a wholly-owned subsidiary incorporated in Gabon, African Resources SARL Gabon, as well as a 99.99%-owned subsidiary, Dome Minerals Nigeria Limited, incorporated in Nigeria. In January 2015, we completed the sale of our subsidiary Dome International Global Inc. ("Dome International"), including Dome Internationals wholly-owned subsidiary Dome Ventures SARL Gabon ("Dome Gabon"), which held the Ndjole Prospect in Gabon.

On June 5, 2015, we announced our decision to voluntarily delist our shares of common stock from the NYSE MKT due to costs associated with the continued listing and NYSE MKT exchange rules regarding maintenance of a minimum share price. On June 29, 2015, our shares began trading on the OTCQB marketplace operated by OTC Markets Group (the "OTCQB Designation"). Our shares of common stock continue to trade on the Toronto Stock Exchange ("TSX").

Our efforts and expenditures have been concentrated in the exploration of properties, principally in the Sierra Mojada property located in Coahuila, Mexico (the "Sierra Mojada Property"). We have not determined whether the exploration properties contain ore reserves that are economically recoverable. The ultimate realization of our investment in exploration properties is dependent upon the success of future property sales, the existence of economically recoverable reserves, our ability to obtain financing or make other arrangements for exploration, development and future profitable production activities. The ultimate realization of our investment in exploration properties cannot be determined at this time.

The Sierra Mojada project (the "Sierra Mojada Project") is located within a mining district known as the Sierra Mojada District. The Sierra Mojada District is located in the west-central part of the state of Coahuila, Mexico, near the Coahuila-Chihuahua state border approximately 200 kilometers south of the Big Bend of the Rio Grande River. The principal mining area extends for approximately five kilometers in an east-west direction along the base of the precipitous, 1,000-meter high Sierra Mojada Range.

The Sierra Mojada Project site is situated to the south of the village of Esmeralda, on the northern side of a major escarpment that forms the northern margin of the Sierra Mojada range. In general, the site is approximately 1,500 meters above sea level. The project is accessible by paved road from the city of Torreon, Coahuila, which lies approximately 250 kilometers to the south. Esmerelda is served by a rail spur of the Coahuila Durango railroad. There is an airstrip east of Esmeralda, although its availability is limited, and another airstrip at the nearby Penoles plant, which we can use occasionally. The Sierra Mojada District has high voltage electric power supplied by the national power company, Comisión Federal de Electricidad, C.F.E., and is supplied water by the municipality of Sierra Mojada. Although power levels are sufficient for current operations and exploration, future development of the project, if any, may require additional power supplies to be sourced.



   Company Address: 777 Dunsmuir Street Vancouver 0 BC
   Company Phone Number: 687-5800   Stock Exchange / Ticker: NONE SVBL
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CDE   -8.88%    
FCX   -6.07%    
GORO   -6.54%    
NEM   -5.54%    
RGLD   -4.29%    
SCCO   -9.09%    
• View Complete Report
   



Silver Bull Resources Inc

Silver Bull Resources Inc. Faces Challenging Operating Loss in Q3 2023, Investors Seek Positive Turnaround

Exciting Developments and Promising Prospects for Silver Bull Resources Inc.
Despite a rather eventful earnings season from May to July 2023, shareholders of Silver Bull Resources Inc. did not expect any major shifts in the company's performance. However, one specific area of concern has caught their attention?the operating loss of SVBL, which reached $-0.478612 million during this period. While the loss has indeed grown since the third quarter of 2022, when it stood at $-0.316251 million, market participants are optimistic about the potential for a significant revenue turnaround.
Anxiously awaiting the next steps, investors and analysts alike have their eyes fixed on the Metal Mining company to see if it can reverse this trend and potentially shift the narrative towards a more positive trajectory. Recognizing this opportunity, the CFO is actively exploring multiple financial plans to ensure a stable and thriving business operation.

Silver Bull Resources Inc

Silver Bull Resources Inc Battles Operational Shortfall in Q2 2023; Industry Experts Scrutinize Performance

The Metal Mining industry has been closely monitoring the performance of Silver Bull Resources Inc. in the second quarter of 2023. As per the reports shared by the company, the operating shortfall was $-0.462466 million during this period. However, the company has not reported any revenue for the period between February and April 30 2023. This has raised concerns among industry experts who are closely watching the development.
Despite the lack of information regarding revenue, experts believe that the emerging growth company has shown promising signs of improving its economic position. The company has made significant strides in operating more economically in the second quarter of 2023 as compared to the same period in 2022. The operating shortfall in 2022 was $-2.533523 million, which highlights the significant progress made by the company in just a year.






 




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