At the risk of sounding pumpy...I recently came across what I'm calling a comparable analysis exercise using SND:US vs. SNS.V
There exists a lot of assumptions in this exercise and I am by no means a fluent, pedigreed analyst but taking into consideration a mid to longer term outlook of the relevant sector, one could imagine a trajectory of similar proportions for SNS if the business succeeds. (I have a position in both companies). Neither business is rocket science but sometimes the simplest entities can be the most fruitful.
SND doesn't have the same coverage as Hi-Crush or SLCA:US but it is notable that HCLP is getting inclusion into an American infrastructure index. SND has a market cap of $313mil and produces about 2.7 million tons of proppant annually, 650k quarterly for total revenue of $39.3mil resulting in a net income of $7.1mil.
Providing SNS can get a handle on their logisitics moving forward and output of stated 600K tonnes annually, one can assume similar annual revenue of ~40mil with a comparable bottom line giving the company a market cap of roughly $80mil.....a 70% increase from its current and a sp of roughly $1.25.