Loading…
← CockpitCompetitor Analysis › SICO.V Silverco Mining Ltd.Open in the cockpit ↗

Silverco Mining Ltd.SICO.VCompetitor analysis, valuation and peers

Canada · CAD·Materials›Other Metals/Minerals
Momentum neutral 47
Mkt cap
$331M
US dollars, full cap
Free float
83%
of shares outstanding
$/day
$472,367
20-day average traded
P/B
2.07×
price to book
ROE
-19.4%
delivered
Implied ROE
29.0%
what the price asks
Next earnings
26 days
2 Dec 2026
Close · CADC$8.50
1D+6.2%
1W+15.2%
1M-1.6%
3M+6.2%
6M-16.8%
YTD-10.5%
1Y+138.8%
ATR %6.7%
52w lowhigh49.0% off high

What Silverco Mining does

No business profile yet.

Silverco Mining at a glance

Size Silverco Mining (SICO.V) is a Canada Materials company (Other Metals/Minerals) with a market value of $331M, the 412th largest of 420 Canada companies the cockpit tracks. Shares closed at C$8.50 on 6 Nov 2026.

Performance Over six months the shares fell 16.8%, against -33.2% for the median peer and +5.2% for the Canada market (cap-weighted) — 9th highest of 21 in its peer set.

Growth The operating margin is -147.9% (peer median -0.7%).

Valuation It trades at 2.07× book value against a peer median of 1.83× (10th most expensive of 21).

Price implies The share price implies a return on equity of about 29.0%; Silverco Mining delivers -19.4%, so the price asks more than the business earns today.

Next results Next results expected around 2 Dec 2026 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026SICO.V 81Peer median 66
Six months, rebased to 100: Silverco Mining against the median of its 20 peers (local-currency closes).

Silverco Mining financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2022FY2021
RevenueC$10.4MC$0C$0C$0C$0
Revenue growth—————
Gross profit-C$144,187-C$429,161C$0C$0C$0
EBITDA-C$14.7M-C$14.3M-C$2.28M-C$110,240-C$216,470
Net income-C$21.7M-C$17.8M-C$3.09M-C$110,238-C$216,470
Free cash flow-C$29.5M-C$14.7M-C$1.46M-C$88,460-C$45,170
Capital expenditureC$8.27MC$135,653C$486,754C$0C$0
Total debtC$15.4MC$260,607C$513,767C$0C$0

Quarterly statements and history in the cockpit →

Silverco Mining competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-50%-25%0%+25%STPJMSBREWRN336370SLVRPOCLNDMA1M3008282009RMSLIVULA4NLZMTTS600281SICO.V6-month return →1-month return →
Up and to the right = strong over both horizons. Silverco Mining is the large dot.

Fundamentals: return on equity against price-to-book

-200%-100%0%00×1000×STPJMSNDMTTS600281TMQSICO.VReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Silverco Mining is the large dot.

Capital: ROE delivered against the ROE the price implies

0%500%1,000%1,500%2,000%0%1,000%2,000%STPJMSNDMRMTTSSICO.VROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Silverco Mining is the large dot.

Silverco Mining competitors and peer comparison

How Silverco Mining compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Silverco Mining against its 20 peers (data as of 6 Nov 2026)
MeasureSICO.VPeer medianRank in peer set
1-month return-1.6%-15.5%5th highest of 21
6-month return-16.8%-33.2%9th highest of 21
Return on equity-19.4%-6.6%5th lowest of 20
Price / book2.07×1.83×10th most expensive of 21
Trailing P/E47.8×24.7×3rd most expensive of 8
ROE the price implies29.0%22.6%8th most demanding of 21
ROE delivered-19.4%-6.6%5th lowest of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Silverco Mining SICO.VCanada$331M-17%n/a-19%2.07×29.0%-19.4%
Stalprodukt STP.WAPoland$333M-1%-7%-1%0.34×5.1%-1.5%
Jupiter Mines JMS.AXAustralia$334M-16%-2%7%0.83×7.2%6.6%
Brazilian Rare Earths BRE.AXAustralia$324M-69%n/an/a3.55×27.2%n/a
Western Copper and Gold WRN.TOCanada$339M-48%n/a-3%1.70×19.3%-2.6%
Solus Advanced Materials 336370.KSSouth Korea$343M-52%+1%-7%0.74×7.4%-6.6%
Silver Tiger Metals SLVR.TOCanada$344M-12%n/a-4%1.97×28.7%-3.9%
Pondy Oxides & Chemicals POCL.NSIndia$317M-32%+49%19%3.79×64.4%n/a
Northern Dynasty Minerals NDM.TOCanada$349M-69%n/a-261%42.65×198.2%-261.3%
AIC Mines A1M.AXAustralia$349M-2%+29%13%1.46×8.1%13.3%
Tianjin Ruixin Technology 300828.SZChina$353M-35%+22%5%2.90×26.0%4.5%
First Copper Technology 2009.TWTaiwan$355M-14%+7%5%1.34×6.9%4.7%
Roxmore Resources RM.TOCanada$357M+65%n/a-19%6.05×97.7%-18.8%
Standard Lithium SLI.VCanada$365M-62%n/a-15%0.97×15.9%-15.5%
Vulcan Energy Resources VUL.AXAustralia$370M-70%-33%-18%0.47×9.5%-17.9%
Alpha HPA A4N.AXAustralia$372M-42%+135%-14%1.31×14.6%-13.5%
Lifezone Metals LZMUnited States$378M-30%+652%-17%4.24×39.2%n/a
Tintina Mines TTS.VCanada$380M+219%n/a-100%173.11×2,008.6%-99.6%
Shanxi Huayang New Material 600281.SSChina$385M-11%+10%-59%14.25×102.7%-59.5%
Trilogy Metals TMQ.TOCanada$391M-50%n/a-39%3.22×29.5%-39.3%
Anhui Zhongyuan New Materials 603527.SSChina$396M-36%+59%1%1.25×11.2%1.1%

Questions

Which companies are Silverco Mining's closest peers?
The cockpit's peer set: Stalprodukt (STP.WA), Jupiter Mines (JMS.AX), Brazilian Rare Earths (BRE.AX), Western Copper and Gold (WRN.TO), Solus Advanced Materials (336370.KS), Silver Tiger Metals (SLVR.TO), Pondy Oxides & Chemicals (POCL.NS), Northern Dynasty Minerals (NDM.TO).
Is Silverco Mining expensive compared with its peers?
On price / book it trades at 2.07× against a peer median of 1.83×, 10th most expensive of 21 in its peer set. The share price implies a return on equity of about 29.0%; Silverco Mining delivers -19.4%, so the price asks more than the business earns today.
How has Silverco Mining stock performed?
Over six months to 6 Nov 2026 the shares returned -16.8% against -33.2% for the median peer; over one year +138.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.