Metrics to compare | SRS | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipSRSPeersSector | |
|---|---|---|---|---|
P/E Ratio | −1.4x | −6.9x | 3.9x | |
PEG Ratio | 0.01 | 0.09 | 0.00 | |
Price/Book | 1.1x | 0.1x | 1.6x | |
Price / LTM Sales | - | 0.0x | 1.1x | |
Upside (Analyst Target) | - | 196.7% | 50.4% | |
Fair Value Upside | Unlock | −31.5% | 6.3% | Unlock |
Sorrento Resources Ltd. engages in the acquisition, development, and exploration of mineral resource properties in Canada. It primarily explores gold and precious and rare earth element deposits. The company’s flagship project is the 100%-owned Rodgers Cove Gold Project comprising 260 claims covering an area of 6,500 hectares located in the Central Newfoundland Gold Belt; and Bottom Brook project which includes 16 mineral licenses comprising an area of approximately 15,150 hectares located in western Newfoundland. Sorrento Resources Ltd. was incorporated in 2021 and is headquartered in Vancouver, Canada.