SILVER VIPER MINERALS CORP. (VIPRF)
Silver Viper Minerals Corp. is engaged in the search for and acquisition of mineral properties within Mexico. The company's primary focus is on identifying and developing deposits rich in gold and silver. A key asset in their portfolio is the La Virginia gold-silver project, which spans 35,598 hectares across six distinct mineral concessions situated in Sonora, Mexico. Established in 2016, the firm maintains its headquarters in Vancouver, Canada.
Industry: Other Precious Metals
Silver Viper Minerals Corp.
OTC:VIPRFBasic Materials · Other Precious Metals
-5.50%$0.1701
Mkt Cap$21.64M
Float74.67M
O/S127.23M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$13.03M
Total Assets$19.18M
Free Cash Flow-$8.15M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$18.5M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
2-year cumulative
1:10
Nasdaq bars a compliance period at 1:250
- 1:10Reverse splitJan 15, 202510 shares → 1
Balance Sheet Details
Assets$19.18M
Liabilities$686K
Accounts Receivable$708K
Accounts Payable$0
Inventory$0
PP&E (Net)$2K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $3K | $8K | $22K | $19K | $17K | $7K | $1K | $0 | $0 | $0 |
| Gross Profit | -$3K | -$8K | -$22K | -$19K | -$17K | -$7K | -$1K | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $10.34M | $1.2M | $2.28M | $2.34M | $5.76M | $5.63M | $491K | $2.22M | $715K | $21K |
| Other | $2.88M | $358K | $0 | $0 | $0 | $0 | $883K | $0 | $0 | $0 |
| Total Operating Expenses | $13.22M | $1.56M | $2.28M | $2.34M | $5.76M | $5.63M | $1.37M | $2.22M | $715K | $21K |
| Operating Income (EBIT) | -$13.22M | -$1.57M | -$2.3M | -$2.36M | -$5.78M | -$5.22M | -$1.38M | -$2.22M | -$721K | -$21K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $23K | $0 | $14 | $500 | $4K | $19K | $17K | $39K | $14K | $0 |
| Other Income (Expense) | $188K | -$612K | $171K | $161K | -$74K | -$390K | $4K | -$131K | $14K | $5K |
| Income Before Tax (EBT) | -$13.03M | -$1.81M | -$2.13M | -$2.2M | -$5.85M | -$5.61M | -$1.37M | -$2.35M | -$708K | -$16K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16K | $0 | $0 |
| Net Income | -$13.03M | -$1.81M | -$2.13M | -$2.2M | -$5.85M | -$5.61M | -$1.37M | -$2.35M | -$708K | -$16K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||
| EPS | -0.41 | -0.14 | -0.02 | -0.03 | -0.09 | -0.11 | -0.04 | -0.08 | -0.03 | -0.00 |
| Diluted EPS | -0.41 | -0.14 | -0.02 | -0.03 | -0.09 | -0.11 | -0.04 | -0.08 | -0.03 | -0.00 |
| Weighted Average OS | 45.08M | 182.47M | 140.82M | 99.36M | 89.47M | 69.19M | 47.04M | 42.71M | 33.67M | 30.45M |
| EBITDA | -$13.22M | -$1.8M | -$2.11M | -$2.18M | -$5.83M | -$5.6M | -$1.37M | -$2.35M | -$708K | -$16K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $10.18M | $290K | $319K | $41K | $1.13M | $1.8M | $2.56M | $1.22M | $3.07M | $1.71M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $10.18M | $290K | $319K | $41K | $1.13M | $1.8M | $2.56M | $1.22M | $3.07M | $1.71M |
| Accounts Receivable | $708K | $22K | $12K | $16K | $16K | $14K | $11K | $15K | $11K | $1K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $1.35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $12.23M | $325K | $366K | $83K | $1.2M | $1.88M | $2.59M | $1.27M | $3.11M | $1.71M |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $2K | $2K | $10K | $424K | $256K | $179K | $54K | $0 | $186K | $151K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $6.95M | $4.35M | $3.96M | $1.68M | $1.37M | $931K | $246K | $181K | $31K | $0 |
| Total Long-Term Assets | $6.95M | $4.35M | $3.97M | $2.1M | $1.62M | $1.11M | $300K | $181K | $217K | $151K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $19.18M | $4.68M | $4.33M | $2.19M | $2.82M | $2.99M | $2.89M | $1.45M | $3.33M | $1.86M |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $0 | $183K | $183K | $364K | $0 | $183K | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $686K | $0 | $48K | $36K | $143K | $0 | $290K | $230K | $142K | $812 |
| Total Current Liabilities | $686K | $253K | $231K | $400K | $143K | $207K | $290K | $230K | $142K | $812 |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $686K | $253K | $231K | $400K | $143K | $207K | $290K | $230K | $142K | $812 |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $46.12M | $23.99M | $21.91M | $17.9M | $16.62M | $12.19M | $6.67M | $3.91M | $3.91M | $1.88M |
| Retained Earnings | -$35.06M | -$22.04M | -$20.23M | -$18.1M | -$15.9M | -$10.05M | -$4.45M | -$3.08M | -$723K | -$16K |
| Comprehensive Income & Other | $7.44M | $2.48M | $2.43M | $1.99M | $1.97M | $645K | $383K | $389K | $0 | $0 |
| Other Stockholders' Equity | $7.44M | $2.48M | $2.43M | $1.99M | $1.97M | $645K | $383K | $389K | $0 | $0 |
| Total Equity | $18.5M | $4.43M | $4.1M | $1.79M | $2.68M | $2.78M | $2.6M | $1.22M | $3.18M | $1.86M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $19.18M | $4.68M | $4.33M | $2.19M | $2.82M | $2.99M | $2.89M | $1.45M | $3.33M | $1.86M |
| Supplementary Data | ||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$10.18M | -$290K | -$319K | -$41K | -$1.13M | -$1.8M | -$2.56M | -$1.22M | -$3.07M | -$1.71M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Operating Activities | ||||||||||
| Net Income | -$13.03M | -$1.81M | -$2.13M | -$2.2M | -$5.85M | -$5.61M | -$1.37M | -$2.35M | -$708K | -$16K |
| Depreciation & Amortization | $3K | $8K | $22K | $19K | $17K | $7K | $1K | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | -$712K | $0 | -$1.81M | -$1.02M | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $416K | $0 | $1.34M | $337K | $0 | $389K | $0 | $0 |
| Changes in Working Capital: | ||||||||||
| Accounts Receivable | -$806K | $335K | -$252K | -$4K | -$436K | -$675K | -$61K | -$154K | -$41K | -$1K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$1.36M | $47K | -$181K | -$41K | -$51K | -$142K | $71K | $84K | $112K | $812 |
| Total Working Capital Change | -$2.17M | $382K | -$433K | -$46K | -$486K | -$817K | $10K | -$69K | $72K | -$595 |
| Other Non-Cash Items | $7.05M | $0 | $712K | $0 | $1.81M | $1.02M | $0 | $186K | $0 | $0 |
| Net Cash from Operating | -$8.15M | -$1.42M | -$2.12M | -$2.23M | -$4.98M | -$6.08M | -$1.36M | -$1.85M | -$636K | -$16K |
| Investing Activities | ||||||||||
| Capital Expenditures | -$212K | -$195K | -$188K | -$187K | -$94K | -$131K | -$56K | $0 | -$36K | -$62K |
| Acquisitions | $122 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$57K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$269K | -$195K | -$188K | -$187K | -$94K | -$131K | -$56K | $0 | -$36K | -$62K |
| Financing Activities | ||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $18.29M | $1.59M | $2.73M | $1.39M | $4.28M | $3.65M | $2.85M | $0 | $2.03M | $1.79M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | -$106K | -$143K | -$70K | $132K | $1.8M | -$99K | $0 | $0 | $0 |
| Net Cash from Financing | $18.29M | $1.59M | $2.59M | $1.32M | $4.41M | $5.45M | $2.75M | $0 | $2.03M | $1.79M |
| Forex Effect | $28K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $9.9M | -$29K | $278K | -$1.09M | -$664K | -$762K | $1.34M | -$1.85M | $1.36M | $1.71M |
| Supplementary Data | ||||||||||
| Operating Cash Flow | -$8.15M | -$1.42M | -$2.12M | -$2.23M | -$4.98M | -$6.08M | -$1.36M | -$1.85M | -$636K | -$16K |
| Capital Expenditure | -$3K | -$195K | -$188K | -$187K | -$94K | -$131K | -$56K | $0 | -$36K | -$62K |
| Free Cash Flow | -$8.15M | -$1.42M | -$2.31M | -$2.41M | -$5.07M | -$6.21M | -$1.42M | -$1.85M | -$672K | -$78K |
| Cash at Beginning | $277K | $319K | $41K | $1.13M | $1.8M | $2.56M | $1.22M | $3.07M | $1.71M | $0 |
| Cash at End | $10.18M | $290K | $319K | $41K | $1.13M | $1.8M | $2.56M | $1.22M | $3.07M | $1.71M |