Hold 12/1/2015Downgrade
Silverton Adventures, Inc. (SVAD) was downgraded to C- from C on 12/1/2015 due to a decline in the efficiency index and growth index. Net income declined 1,505.71% from $3.5 to -$49.2, EBIT declined 85.89% from -$87.9 to -$12.4, and operating cash flow declined 59.81% from -$31.1 to -$12.5.

Hold 7/7/2014Upgraded
Silverton Adventures, Inc. (SVAD) was upgraded to C from C- on 7/7/2014 due to a substantial increase in the valuation index.

Hold 5/21/2014Downgrade
Silverton Adventures, Inc. (SVAD) was downgraded to C- from C on 5/21/2014 due to a noticeable decline in the growth index and volatility index. Total revenue declined 64.15% from $15.9 to $5.7, operating cash flow declined 45.15% from -$103 to -$56.5, and EBIT declined 29.8% from -$113.1 to -$79.4.