Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Silver Star Energy, Inc. is an energy company primarily engaged in the exploration and development of oil and natural gas resources across North America. Its assets include interests in the Evi prospect located in northern Alberta and the Verdigris Lake prospect situated in southeastern Alberta, Canada. Furthermore, the company holds a stake in the North Franklin prospect within Sacramento County, California. The firm, which was founded in 2002, originally operated as Movito Holdings Ltd. before rebranding as Silver Star Energy, Inc. in December 2003. Its principal office is located in Beverly Hills, California.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E.