Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Spey Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for silver and lithium deposits. It holds an option to acquire a 100% undivided interest in the Silver Basin project located in the Revelstoke Mining Division of British Columbia; and the Kaslo Silver property situated in southern British Columbia. The company also owns an option to acquire a 100% interest in the Candella II project located in Salar de Incahuasi, Argentina; and Pocitos I and II situated in Salta, Argentina. Spey Resources Corp. was incorporated in 2017 and is based in Vancouver, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.