Silver North Resources Ltd. (TARSF) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Silver North Resources Ltd. (TARSF) trades at $0.195 with AI Score 45/100 (Grade C). Silver North Resources Ltd. Market cap: $13.7M, Sector: Basic materials.
Price as of Aug 21, 2026 · Last analyzed: Jun 14, 2026Analyst Coverage for TARSF: TARSF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates TARSF against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
TARSF: 2/3 scored disciplines lean bearish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Silver North Resources Ltd. (TARSF) Materials & Commodity Exposure
Silver North Resources Ltd. is a Vancouver-based mineral exploration company specializing in silver and gold projects, with a focus on the Haldane Silver Project and a strategic partnership with Coeur Mining for the Tim Silver Project.
What Is the Investment Thesis for TARSF?
Silver North Resources Ltd. is positioned to benefit from the growing demand for silver and gold, driven by their applications in various industries, including electronics and renewable energy. The company's core assets, particularly the Haldane Silver Project, are located in a region known for its rich mineral deposits, which could enhance the likelihood of successful exploration outcomes. The partnership with Coeur Mining for the Tim Silver Project provides additional resources and expertise, potentially accelerating development timelines. The company's current market capitalization of $13.7M reflects its exploration stage status, but successful drilling results could significantly increase its valuation. Investors should monitor the company's exploration results, financing activities, and any potential uplisting efforts to assess future growth prospects. The reliance on external financing remains a key risk, but the strategic positioning within established mining regions may mitigate some of these concerns.
Based on FMP financials and quantitative analysis
TARSF Key Highlights
Market Cap of $13.7M indicates a small-cap status with high growth potential.
- Beta of 0.52 suggests lower volatility compared to the broader market.
- No dividend yield reflects the company's focus on reinvestment in exploration activities.
- Portfolio includes both the Haldane Silver Project and optioned Tim Silver Project, enhancing asset diversity.
- Only three employees indicate a lean operational structure focused on exploration.
Who Are TARSF's Competitors?
TARSF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CDE Coeur Mining, Inc. | $20.93 | +13.07% | $21.6B | 85 |
| SILV SilverCrest Metals Inc. | $11.55 | -0.86% | $1.72B | — |
| GSMGF Indiana Resources Limited | $0.02 | +0.00% | $12.5M | 63 |
| GDPHF Godolphin Resources Limited | $0.02 | +0.00% | $17.0M | 50 |
| DYNR DynaResource, Inc. | $0.63 | -19.23% | $18.5M | 51 |
| HMRRF Hammer Metals Limited | $0.03 | +0.00% | $26.8M | 55 |
| CMAUF Chibougamau Independent Mines Inc. | $0.11 | +0.00% | $6.79M | 49 |
| STRFF Star Royalties Ltd. | $0.36 | +5.83% | $28.6M | 50 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are TARSF's Key Strengths?
Core assets located in established mining regions.
- Partnership with Coeur Mining enhances exploration capabilities.
- Diverse portfolio of royalty interests provides additional revenue potential.
What Are TARSF's Weaknesses?
Limited operational scale with only three employees.
- Current lack of established revenue streams.
- Dependence on external financing for exploration activities.
What Could Drive TARSF Stock Higher?
Results from ongoing exploration activities at the Haldane Silver Project.
- Partnership with Coeur Mining for the Tim Silver Project, providing operational support.
- Potential financing activities to support exploration initiatives.
- Monitoring of precious metals market trends that could impact investor interest.
- Strategic updates regarding the company's exploration strategy and project developments.
What Are the Key Risks for TARSF?
Negative return on equity (-15.0%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Volatility in precious metals prices affecting exploration funding.
- Dependence on external financing for exploration activities.
- Regulatory challenges in mining operations.
- Competition from other exploration and mining companies.
- Limited operational scale may hinder project advancement.
What Are the Growth Opportunities for TARSF?
- Haldane Silver Project: The Haldane Silver Project is located in a historically rich mining area, with significant potential for high-grade silver deposits. Market analysis suggests that the demand for silver is expected to grow at a CAGR of 5% over the next five years, driven by its uses in electronics and renewable energy. Successful exploration results could lead to increased investor interest and potential partnerships, enhancing the project's value.
- Tim Silver Project Partnership: The optioning of the Tim Silver Project to Coeur Mining, Inc. allows Silver North to benefit from Coeur's operational expertise and financial resources. This partnership could accelerate exploration timelines and reduce financial burdens on Silver North. As Coeur advances its exploration efforts, Silver North stands to gain from any successful discoveries, potentially increasing its asset value significantly.
- Royalty Interests Portfolio: Silver North's portfolio of royalty interests across North and South America provides an additional revenue stream and diversification. This strategy could position Silver North favorably as it capitalizes on the growth of these markets.
- Increased Financing Opportunities: As the demand for precious metals rises, Silver North may attract more investors and financing options for its exploration activities. The company's strategic positioning within established mining regions enhances its credibility, potentially leading to favorable financing terms. This could enable the company to advance its exploration projects more rapidly and effectively.
- Sustainability Initiatives: The growing emphasis on sustainable mining practices presents an opportunity for Silver North to align its operations with industry trends. By adopting environmentally responsible practices, the company could enhance its reputation and attract socially responsible investors, positioning itself favorably in a competitive market.
What Are TARSF's Competitive Advantages?
- Strategic location of projects in historically productive mining regions.
- Partnership with Coeur Mining provides operational expertise and financial backing.
- Diverse portfolio of royalty interests reduces reliance on a single project.
- Lean operational structure allows for efficient resource allocation.
What Does TARSF Do?
Founded in Vancouver, Canada, Silver North Resources Ltd. is a mineral exploration company that has carved a niche in the silver and gold sector. The company's core assets include the wholly-owned Haldane Silver Project, which is situated in a historically productive mining area, and the Tim Silver Project, currently optioned to Coeur Mining, Inc. This strategic partnership allows Silver North to leverage Coeur's operational expertise while retaining exposure to potential discoveries at Tim. Additionally, Silver North holds a portfolio of royalty interests across various projects in North and South America, further diversifying its asset base. Despite having only three employees, the company is committed to advancing its exploration initiatives, focusing on identifying economically viable mineral deposits. Silver North's operations are characterized by a reliance on external financing, as it is still in the exploration stage and does not generate established revenue streams. The company's positioning within established mining regions provides a potential advantage in securing investment and partnerships to support its exploration activities. As the demand for precious metals continues to grow, Silver North aims to capitalize on its strategic holdings and exploration efforts to unlock value for its stakeholders.
What Products and Services Does TARSF Offer?
- Explore and develop silver and gold mineral properties.
- Manage the Haldane Silver Project and Tim Silver Project.
- Hold a portfolio of royalty interests in mining projects across the Americas.
- Engage in financing activities to support exploration initiatives.
- Collaborate with industry partners to enhance exploration efforts.
How Does TARSF Make Money?
- Generate revenue through potential discoveries and future production of silver and gold.
- Leverage partnerships to reduce operational costs and share exploration risks.
- Utilize financing activities to fund exploration and development projects.
- Maintain a diversified portfolio of royalty interests to create additional revenue streams.
- Focus on exploration in established mining regions to increase the likelihood of successful outcomes.
What Industry Does TARSF Operate In?
The precious metals industry, particularly silver and gold, has been experiencing a resurgence due to increasing demand from various sectors, including technology and renewable energy. The global silver market is projected to grow, driven by its applications in solar panels and electronics. Silver North Resources Ltd. operates in a competitive landscape with other exploration companies, but its strategic holdings in established mining regions provide a unique advantage. The industry's growth rate is supported by ongoing investments in mining technologies and sustainable practices, positioning companies like Silver North favorably for future exploration successes.
Who Are TARSF's Key Customers?
- Mining companies seeking silver and gold resources.
- Investors interested in precious metals exploration.
- Royalty and streaming companies looking for partnership opportunities.
- Environmental and sustainability-focused organizations.
Company Profile
Silver North Resources Ltd. operates in the Other Precious Metals industry within the Basic Materials sector. It is headquartered in Vancouver, CA. The company is led by CEO Jason Shawn Weber. TARSF has traded publicly since 2018.
How Silver North Resources Ltd. Is Valued
Silver North Resources Ltd. carries a market capitalization of $13.7M, placing it in the micro-cap category. Relative to its peer group, TARSF's quantitative score of 45/100 is below the peer average of 62/100.
Key Financial Metrics
Return on equity for Silver North Resources Ltd. stands at -15.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -7.9%, showing how much profit it generates from its asset base. Its free cash flow yield is -9.6%, a gauge of the cash the business throws off relative to its market value. A current ratio of 3.94 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -7.4%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Silver North Resources Ltd.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 2.06 places it in the grey zone, a middle ground that warrants monitoring.
TARSF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future prospects, indicating that key stakeholders see potential for growth.
- Community sentiment has turned increasingly positive, with discussions highlighting recent exploration successes and resource potential.
- Analysts are noting the company’s strategic positioning in a growing sector, attracting interest from both retail and institutional investors.
- The recent developments in the mining sector have sparked optimism, as demand for precious metals continues to rise amid economic uncertainty.
Bear Case
- Some analysts express caution regarding the volatility in commodity prices, which could impact profitability and operational stability.
- There are concerns about the company's ability to scale production effectively, as operational challenges may hinder growth plans.
- Community sentiment reflects skepticism over management's previous performance, leading to doubts about future execution.
- Recent regulatory changes in mining operations could pose risks, creating uncertainty around compliance and operational costs.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
TARSF Latest News
No recent news available for TARSF.
TARSF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for TARSF.
Price Targets
Wall Street price target analysis for TARSF.
TARSF MoonshotScore
What does this score mean?
The MoonshotScore rates TARSF 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Jason Shawn Weber
CEO
Jason Shawn Weber has extensive experience in the mining and exploration sector, having held various leadership roles in mineral exploration companies. He has a strong background in geology and project management, which positions him well to lead Silver North Resources Ltd. in its exploration endeavors. His educational credentials include a degree in geology, which complements his practical experience in the field.
Track Record: Under Jason's leadership, Silver North has focused on advancing its exploration projects, particularly the Haldane Silver Project. His strategic decisions to partner with Coeur Mining for the Tim Silver Project have opened new avenues for growth and resource development.
TARSF OTC Market Information
The OTC Other tier includes companies that do not meet the listing requirements of major exchanges like NYSE or NASDAQ. This tier often has less stringent reporting requirements, which can lead to reduced visibility and investor confidence compared to listed companies.
- OTC Tier: OTC Other
- Limited regulatory oversight compared to companies listed on major exchanges.
- Lower liquidity may increase volatility and trading risks.
- Potential for less comprehensive financial disclosures.
- Review the company's exploration results and project updates.
- Assess the financial health and funding strategies.
- Evaluate the management team's experience and track record.
- Monitor market trends in precious metals and exploration.
- Verify the legitimacy of partnerships and royalty agreements.
- Partnership with a reputable company like Coeur Mining.
- Presence of a diversified portfolio of royalty interests.
- Engagement in exploration in established mining regions.
Common Questions About TARSF (Basic Materials)
What does the AI Score mean for TARSF?
TARSF holds an AI Score of 45/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. Silver North Resources Ltd. is a mineral exploration company focused on silver and gold properties, primarily through its Haldane Silver Project and Tim Silver Project. The company operates with a …
What does Silver North Resources Ltd. do?
Silver North Resources Ltd. is a mineral exploration company focused on identifying and developing silver and gold properties. The company manages the Haldane Silver Project and the Tim Silver Project, which is currently optioned to Coeur Mining, Inc. Additionally, Silver North holds a portfolio of royalty interests across various projects in North and South America, aiming to capitalize on the growing demand for precious metals.
What do analysts say about TARSF stock?
Analysts generally view Silver North Resources Ltd. as an exploration stage company with potential for growth based on its strategic holdings in silver and gold projects. Key valuation metrics include its market capitalization of $13.7M and the exploration results from its projects, which may significantly influence future stock performance. Investors should closely monitor developments and exploration outcomes.
What are the main risks for TARSF?
Silver North Resources Ltd. faces several risks, including dependence on external financing for its exploration activities, which may be affected by market conditions. The company also faces potential regulatory challenges in its mining operations, as well as competition from other exploration and mining companies. Additionally, the volatility in precious metals prices could impact funding and investor interest.
What are the key factors to evaluate for TARSF?
Silver North Resources Ltd. (TARSF) holds an AI score of 45/100 (low). is positioned to benefit from the growing demand for silver and gold, driven by their applications in various industries, including electronics and renewable energy. Not financial advice.
How frequently does TARSF data refresh on this page?
TARSF's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven TARSF's recent stock price performance?
Silver North Resources Ltd. (TARSF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Core assets located in established mining regions. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider TARSF overvalued or undervalued right now?
Silver North Resources Ltd. (TARSF) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research TARSF before investing?
Before investing in Silver North Resources Ltd. (TARSF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Data is based on the latest available information and may be subject to change.