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SHL Stock Chart & Stats
C$0.39
-C$0.03(-6.41%)
At close: 4:00 PM EDT
C$0.39
-C$0.03(-6.41%)
Day’s Range― - ―
52-Week RangeC$0.07 - C$0.72
Previous CloseN/A
Volume25.63K
Average Volume (3M)205.95K
Market Cap
C$111.77M
Enterprise ValueC$81.51
Total Cash (Recent Filing)C$2.92M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta2.24
Next Earnings
Dec 23, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield27.5%
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding235,309,920
10 Day Avg. Volume321,584
30 Day Avg. Volume205,954
Financial Highlights & Ratios
PEG Ratio1.92
Price to Book (P/B)11.63
Price to Sales (P/S)0.00
P/FCF Ratio-61.04
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Minimal Financial LeverageAn essentially debt-free balance sheet reduces refinancing exposure and interest-related pressure, giving the company greater flexibility if operating conditions improve. Low leverage also limits the risk that creditors constrain future decisions, although it does not offset the company’s weak profitability.
Improving Free Cash Flow TrendThe smaller free cash flow deficit in 2026 suggests some year-over-year improvement in cash management or operating demands. If sustained, this could slow the rate of funding dependence, but the business still needs to convert that improvement into positive cash generation.
Narrower Annual Net LossA reduced annual loss indicates that the pace of earnings deterioration moderated in the latest period, which may provide a foundation for operational stabilization. However, the improvement remains limited because the company continues to report persistent operating losses and is not yet profitable.
Bears Say
Minimal Revenue BaseA very small revenue base limits operating scale, customer traction, and the company’s ability to absorb fixed costs. Without sustained sales growth, the business has little evidence of a self-supporting commercial model and remains vulnerable to continued earnings weakness.
Persistent Cash BurnConsistent operating and free cash flow deficits mean the company cannot currently finance its activities from internal cash generation. Continued burn increases dependence on external funding or asset resources, potentially limiting investment capacity and weakening financial resilience over the medium term.
Eroding Equity BaseDeclining equity and assets indicate that the company’s financial base has weakened over time, consistent with ongoing losses or asset value changes. This erosion reduces the cushion available to shareholders and may constrain the company’s ability to pursue growth without additional capital.
Spruce Ridge Resources News
SHL FAQ
What was Spruce Ridge Resources Ltd’s price range in the past 12 months?
Spruce Ridge Resources Ltd lowest stock price was C$0.07 and its highest was C$0.72 in the past 12 months.
What is Spruce Ridge Resources Ltd’s market cap?
Spruce Ridge Resources Ltd’s market cap is C$111.77M.
When is Spruce Ridge Resources Ltd’s upcoming earnings report date?
Spruce Ridge Resources Ltd’s upcoming earnings report date is Dec 23, 2026 which is in 82 days.
How were Spruce Ridge Resources Ltd’s earnings last quarter?
Spruce Ridge Resources Ltd released its earnings results on Aug 28, 2026. The company reported -C$0.002 earnings per share for the quarter.
Is Spruce Ridge Resources Ltd overvalued?
According to Wall Street analysts Spruce Ridge Resources Ltd’s price is currently Overvalued.
Does Spruce Ridge Resources Ltd pay dividends?
Spruce Ridge Resources Ltd pays a Notavailable dividend of C$0.012 which represents an annual dividend yield of 27.5%. See more information on Spruce Ridge Resources Ltd dividends here
What is Spruce Ridge Resources Ltd’s EPS estimate?
Spruce Ridge Resources Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Spruce Ridge Resources Ltd have?
Spruce Ridge Resources Ltd has 235,309,920 shares outstanding.
What happened to Spruce Ridge Resources Ltd’s price movement after its last earnings report?
Spruce Ridge Resources Ltd reported an EPS of -C$0.002 in its last earnings report. Following the earnings report the stock price went up 0.423%.
Which hedge fund is a major shareholder of Spruce Ridge Resources Ltd?
Currently, no hedge funds are holding shares in TSE:SHL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Spruce Ridge Resources Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
487.50%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-1.38%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Spruce Ridge Resources Ltd
Homeland Nickel Inc. functions as a mineral exploration entity, dedicated to identifying, acquiring, and advancing promising mineral properties. Its current project portfolio encompasses the Cleopatra, Red Flat Nickel, Eight Dollar Mountain, Shamrock, and Benton option sites. The company was established on April 4, 1989, and is headquartered in Toronto, Canada.
Technical Analysis
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