JUNIORMETRICS

Sierra Nevada Gold Inc.

SNX·US$0.059 (AUD 0.084)·US$29.4M cap
GoldBlackhawk, Colorback, Warrior (flagship, 26,020 acres), New Pass, Generative, Nevada; As Safra, Saudi Arabia Map

Sierra Nevada Gold Inc. is a Reno, Nevada-based gold, silver and copper explorer (incorporated 2011, renamed from Sierra Nevada Gold (USA) Inc in October 2021), with a Nevada project portfolio anchored by the 26,020-acre Warrior flagship alongside Blackhawk, Colorback, New Pass and Generative, plus the As Safra project in Saudi Arabia. The company is currently in a strategic review of its Nevada assets, evaluating joint-venture, sale and partnership options. Sierra Nevada Gold has no mineral resource estimate, NPV, IRR or AISC published for any project.

Notable vs. Peers

  • Financials score of 3.5/10 is weaker than the peer average of 5.3/10.

Lifecycle Milestones

GrassrootsCurrent
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
Production
Prior Ownership & Infrastructure
Road Access1 of 4 checked, 1 in place

Not yet determined: mill, tailings facility, grid power.

7.2/10
Weak track recordStrong track record
7.2/10 vs.
3.5/10
Thin runwayWell-capitalized
3.5/10 vs.
How this is calculated
Not yet researched
Weaker depositStronger deposit
How this is calculated
7.2/10
Harder place to buildEasier place to build
7.2/10 vs.
What goes into it
  • Jurisdiction (40%)9/10

    Nevada: Fraser PPI 2025 is 100.00 of 100 (rank 1 of 68), which maps to 9 on this site's scale. ASX-listed (renamed from Sierra Nevada Gold (USA) Inc, Oct 2021) but headquartered and operating in Reno, Nevada -- Tier-1 US mining jurisdiction.

  • Infrastructure (40%)6.4/10

    Confirmed road access at Warrior Gold-Silver Project, Walker Lane Trend, Nevada, USA; existing mill, grid power, and tailings facility not yet researched, counted at a neutral 5/10 until established.

  • Nearby producing mine (20%)Not yet researched

    No project coordinates on file yet, so distance to a producing mine can't be measured.

5.7/10
Weaker profileStronger profile
5.7/10 vs.
Price Chart
$0.013$0.02$0.028$0.047$0.061AugDecMarJulOct
Aug 12, 2025 – Oct 20, 2026
News
$0.059
+251.4%from low-41.8%from high
$0.017$0.10
$29.4M
Far belowFar above
$29.4M vs. $21.9M peer median
Price (USD - Local)
US$0.059 (AUD 0.084)
Cash Position (USD)
$1.9M
Far belowFar above
$1.9M vs. $3.4M peer median
Debt (USD)
Far aboveFar below
$0 vs. $0 peer median
$27.5M
Far belowFar above
$27.5M vs. $19.4M peer median
498.1M
Far aboveFar below
498.1M vs. 153.6M peer median
Jurisdiction
United States
Grassroots-stage explorer, no resource estimate
26.6%
0%100%
26.6% vs. 12.1% peer median
-$3.8M
Far belowFar above
-$3.8M vs. -$3.3M peer median
-$0.008
Far belowFar above
-$0.008 vs. -$0.018 peer median

Acquisition Susceptibility

How this is calculated
4.6/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.

How this score is built

  • Disclosed pending deal
    Sub-score: Not scored

    No pending acquisition or merger disclosed (checked)

    Not scored: having no deal in flight isn't held against a company.

    Weight 26.25%
  • Producer's strategic stake
    Sub-score: Not scored

    No producer holds a disclosed stake on file (holder register researched) See holders

    Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.

    Weight 25%
  • Distance to a producing mine
    Sub-score: Not yet researched

    Distance not yet researched: no project coordinates on file

    Distance can't be measured without coordinates, so excluded rather than counted as far.

    Weight 22.5%
  • Lifecycle stage
    Sub-score:
    1/10

    Stage: Grassroots Exploration

    Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.

    Weight 15% · 57% here
  • Jurisdiction
    Sub-score:
    9/10

    United States: jurisdiction score 9/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 26% here
  • Commodity
    Sub-score:
    10/10

    Primary commodity: Gold

    Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.

    Weight 4.5% · 17% here

Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.

Overall Score Trend
-40% since 2026-08-26 · -40% from peak

Your Rankings

Community Sentiment
—SELLINGBUYING
CategoryCommunityYour Ranking
Overall— (0) 
Management— (0) 
Financials— (0) 
Jurisdiction— (0) 
Project Quality— (0) 

Management Team

Non-Executive Chairman of Sierra Nevada Gold Inc.; also Non-Executive Chairman of Iron Bear Resources Ltd and Artemis Resources Ltd. Former Chairman of DeGrey Mining, which discovered the Hemi Gold deposit and was taken over by Northern Star Resources for roughly $5 billion in 2025. 35 years' experience in capital markets and resource-company leadership. Holds a BSc and MBA from the University of Western Australia.

Chief Executive Officer of Sierra Nevada Gold Inc. Mining executive with experience in geology, corporate development and M&A; recently led African Gold Limited through resource growth and corporate transactions. Prior roles at Northern Star Resources, OZ Minerals and Hancock Prospecting. Holds a BSc in Applied Geology, an MSc in Minerals & Energy Economics, and an MBA.

Geologist directing technical strategy at Sierra Nevada Gold's As Safra copper-gold project, Kingdom of Saudi Arabia.

Independent director on Sierra Nevada Gold's board.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
3/10

Cranport, whose own fund is literally named the Cranport Resources Fund, has been steadily increasing its position in Sierra Nevada Gold and now owns over 13% -- a growing, sizeable specialist conviction position.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

Sierra Nevada Gold is a Reno-based explorer for gold, silver and copper whose Nevada portfolio is anchored by the 26,020-acre Warrior project, alongside Blackhawk, Colorback, New Pass and generative ground, and which also holds the As Safra copper-gold project in Saudi Arabia. The company is running a strategic review of its Nevada assets, looking at joint-venture, sale and partnership options. At As Safra, final assays from a maiden 28-hole program of about 5,400m, released in August 2026, included 16m at 1.49% copper from 160m in hole ASDD0009 and showed mineralisation along more than 800m of strike in the Central Copper Zone, with a second system identified at As Safra Southeast; a Phase 2 program of more than 25,000m of drilling plus about 10.5km of trenching was to follow. No mineral resource estimate, NPV, IRR or all-in sustaining cost has been published for any of its projects.