SVB Silver Bull Resources

Silver Bull Resources, Inc. is a mineral exploration company, which engages in the acquisition, exploration, and development of mineral properties. It holds interest in Sierra Mojada project located in Mexico. The company was founded by John Patrick Ryan on November 8, 1993 and is headquartered in Vancouver, Canada.
Company profile
Ticker
SVB, SVBL
Exchange
Website
CEO
Timothy T. Barry
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
METALLINE MINING CO
SEC CIK
Corporate docs
IRS number
911766677
SVB stock data
()
Investment data
Securities sold
Number of investors
Calendar
12 Mar 21
13 Apr 21
31 Oct 21
Financial summary
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Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
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Oct 20 | Oct 19 | Oct 18 | Oct 17 | |
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Financial data from company earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 862.58K | 862.58K | 862.58K | 862.58K | 862.58K | 862.58K |
Cash burn (monthly) | 332.98K | 61.01K | 284.8K | 207.39K | 274.19K | 170.61K |
Cash used (since last report) | 810.51K | 148.5K | 693.22K | 504.8K | 667.41K | 415.28K |
Cash remaining | 52.07K | 714.08K | 169.35K | 357.78K | 195.16K | 447.29K |
Runway (months of cash) | 0.2 | 11.7 | 0.6 | 1.7 | 0.7 | 2.6 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Feb 21 | Timothy T. Barry | Common Stock | Payment of exercise | Dispose F | No | No | 0.85 | 79,128 | 67.26K | 192,497 |
2 Feb 21 | Timothy T. Barry | Common Stock | Option exercise | Aquire M | No | No | 0.48 | 143,750 | 69K | 271,625 |
2 Feb 21 | Timothy T. Barry | Stock Option Common Stock | Option exercise | Dispose M | No | No | 0.48 | 143,750 | 69K | 0 |
2 Feb 21 | Brian D. Edgar | Common Stock | Payment of exercise | Dispose F | No | No | 0.85 | 75,688 | 64.33K | 768,164 |
2 Feb 21 | Brian D. Edgar | Common Stock | Option exercise | Aquire M | No | No | 0.48 | 137,500 | 66K | 843,852 |
2 Feb 21 | Brian D. Edgar | Stock Option Common Stock | Option exercise | Dispose M | No | No | 0.48 | 137,500 | 66K | 0 |
2 Feb 21 | Kunz Daniel J | Common Stock | Payment of exercise | Dispose F | No | No | 0.85 | 13,761 | 11.7K | 174,364 |
2 Feb 21 | Kunz Daniel J | Common Stock | Option exercise | Aquire M | No | No | 0.48 | 25,000 | 12K | 188,125 |
2 Feb 21 | Kunz Daniel J | Stock Option Common Stock | Option exercise | Dispose M | No | No | 0.48 | 25,000 | 12K | 0 |
2 Feb 21 | John A McClintock | Common Stock | Payment of exercise | Dispose F | No | No | 0.85 | 13,761 | 11.7K | 27,239 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
1.4% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 2 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares |
Current |
---|---|
Total value | 0 |
Total shares | 3.21M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners |
Shares | Value |
---|---|---|
SII Sprott | 1.73M | $0 |
Ibex Investors | 1.48M | $0 |
Financial report summary
?Management Discussion
- For the three months ended January 31, 2021, we experienced a net loss of $858,000, or approximately $0.03 per share, compared to a net loss of $568,000, or approximately $0.02 per share, during the comparable period last year. The $290,000 increase in net loss was primarily due to a $131,000 increase in exploration and property holding costs, a $154,000 increase in general and administrative expenses, and $2,000 in other expenses compared to $1,000 in other income in the comparable period last year as described below.
- Exploration and property holding costs increased $131,000 to $344,000 for the three months ended January 31, 2021, compared to $213,000 for the comparable period last year. This increase was mainly due to finders fees due and exploration activities in relation to the Beskauga Option Agreement, which was offset by a decrease at the Sierra Mojada Property due to the blockade discussed in the “Current Developments – South32 Option Agreement” section above.
- We recorded general and administrative expenses of $510,000 for the three months ended January 31, 2021 as compared to $356,000 for the comparable period last year. The $154,000 increase was mainly the result of a $58,000 increase in office and administrative costs and a $121,000 increase in professional services, partially offset by a $15,000 decrease in personnel costs, a $7,000 decrease in directors’ fees, and a $2,000 decrease in the provision for uncollectible VAT as described below.
Content analysis
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H.S. sophomore Avg
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New words:
agent, block, cancelled, categorized, cautioned, Clarifying, Columbia, comprised, constrained, CSA, debt, description, discretion, donation, entitled, extracted, Fifty, finder, forgivable, half, Hedging, holder, identification, inferred, introduced, joint, JV, Kazakh, license, medical, meter, Method, NI, NSR, offering, penalty, percent, percentage, permissible, placement, proposal, registration, Regulation, repaying, resolution, resolved, responded, restated, reverse, situation, split, Stepnoe, thereof, tranche, unrelated, venture
Removed:
aggregate, approved, area, calculating, closely, considerable, contract, derivative, determining, discount, dividend, employee, evaluating, expedient, expired, explore, factor, flow, foreseeable, functional, hindsight, implicit, judgment, land, lease, leasing, lessee, life, lower, maturity, nonemployee, observed, occurred, optional, package, practical, pricing, published, recognize, representing, ROU, standard, traded, transition, unaffected, underlying, yield
Financial reports
10-Q
2021 Q1
Quarterly report
12 Mar 21
10-K/A
2020 FY
Annual report (amended)
4 Mar 21
10-K
2020 FY
Annual report
28 Jan 21
10-Q
2020 Q3
Quarterly report
11 Sep 20
10-Q
2020 Q2
Quarterly report
12 Jun 20
10-Q
2020 Q1
Quarterly report
13 Mar 20
10-K
2019 FY
Annual report
13 Jan 20
10-Q
2019 Q3
Quarterly report
13 Sep 19
10-Q
2019 Q2
Quarterly report
14 Jun 19
10-Q
2019 Q1
Quarterly report
15 Mar 19
Current reports
8-K
Entry into a Material Definitive Agreement
1 Apr 21
8-K
Silver Bull Announces Voting Results of Special Meeting of Shareholders
23 Dec 20
8-K/A
Financial Statements and Exhibits
5 Nov 20
8-K
Entry into a Material Definitive Agreement
2 Nov 20
8-K
Departure of Directors or Certain Officers
25 Sep 20
8-K
Silver Bull Announces Reverse Stock Split of Common Stock
18 Sep 20
8-K
Departure of Directors or Certain Officers
31 Aug 20
8-K
Entry into a Material Definitive Agreement
18 Aug 20
8-K
Submission of Matters to a Vote of Security Holders
20 Apr 20
8-K
Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics
7 Nov 19
Registration and prospectus
424B3
Prospectus supplement
12 Mar 21
S-1/A
IPO registration (amended)
10 Mar 21
S-1
IPO registration
9 Dec 20
D
$794.2K in equity / options, sold $794.2K, 34 investors
6 Nov 20
S-8
Registration of securities for employees
12 Jul 19
424B3
Prospectus supplement
3 Dec 18
S-1/A
IPO registration (amended)
14 Nov 18
S-1/A
IPO registration (amended)
6 Nov 18
S-1
IPO registration
21 Sep 18
D/A
$20.22K in equity / options, sold $20.22K, 4 investors
21 Aug 18
Proxies
DEFA14A
Additional proxy soliciting materials
12 Apr 21
DEFA14A
Additional proxy soliciting materials
6 Apr 21
DEFA14A
Additional proxy soliciting materials
23 Feb 21
DEF 14A
Definitive proxy
23 Feb 21
PRE 14A
Preliminary proxy
8 Feb 21
DEFA14A
Additional proxy soliciting materials
16 Dec 20
DEFA14A
Additional proxy soliciting materials
15 Dec 20
DEFA14A
Additional proxy soliciting materials
10 Dec 20
DEFA14A
Additional proxy soliciting materials
3 Dec 20
DEFA14A
Additional proxy soliciting materials
30 Nov 20
Other
EFFECT
Notice of effectiveness
15 Mar 21
CORRESP
Correspondence with SEC
9 Mar 21
UPLOAD
Letter from SEC
5 Nov 20
CORRESP
Correspondence with SEC
4 Nov 20
UPLOAD
Letter from SEC
2 Nov 20
EFFECT
Notice of effectiveness
3 Dec 18
EFFECT
Notice of effectiveness
29 Nov 17
CORRESP
Correspondence with SEC
26 Nov 17
UPLOAD
Letter from SEC
19 Nov 17
EFFECT
Notice of effectiveness
9 Nov 16
Ownership
SC 13G
SILVER BULL RESOURCES / SPROTT ownership change
16 Feb 21
4
SILVER BULL RESOURCES / John A McClintock ownership change
4 Feb 21
4
SILVER BULL RESOURCES / Daniel J Kunz ownership change
4 Feb 21
4
SILVER BULL RESOURCES / Brian D. Edgar ownership change
4 Feb 21
4
SILVER BULL RESOURCES / Timothy T. Barry ownership change
4 Feb 21
SC 13G/A
SILVER BULL RESOURCES / Ibex Investors ownership change
15 Jan 21
4
SILVER BULL RESOURCES / Timothy T. Barry ownership change
10 Nov 20
4
SILVER BULL RESOURCES / John A McClintock ownership change
29 Oct 20
4
SILVER BULL RESOURCES / CHRISTOPHER RICHARDS ownership change
29 Oct 20
4
SILVER BULL RESOURCES / Daniel J Kunz ownership change
29 Oct 20
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