Searchlight Minerals Corp. (SRCH)
Searchlight Minerals Corp. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Henderson, NV, US. The stock last traded at $0.01, up 1.75% on the session, giving a market capitalisation of $2.4M. On trailing twelve-month figures it carries a trailing P/E of 0.64, a net margin of 0.0%. Its beta of -0.42 implies it has historically moved less than the broad market.
Searchlight Minerals Corp. functions as an exploration-stage enterprise, primarily engaged in the reprocessing of industrial waste materials (slag) and the identification and development of mineral properties throughout the United States. A core focus for the company is its Clarkdale slag project, located in Clarkdale, Arizona. This specific initiative aims to reclaim valuable precious and base metals by re-processing historical slag piles, which are remnants from the smelting of copper ore originally extracted from the United Verde Copper Mine in Jerome, Arizona. Established in 1999, the company was initially known as Phage Genomics, Inc. but rebranded to Searchlight Minerals Corp. in June 2005. Its corporate offices are situated in Henderson, Nevada.
Searchlight Minerals Corp. is most often compared with the following Basic Materials names: