Spruce Ridge Resources Ltd (TSE:SHL)
:SHL
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SHL Stock Chart & Stats
C$0.08
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.08
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.04 - C$0.72
Previous CloseN/A
Volume5.00K
Average Volume (3M)186.43K
Market Cap
C$76.15M
Enterprise ValueC$85.76M
Total Cash (Recent Filing)C$4.24M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.70
Next Earnings
Aug 27, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.00
Shares Outstanding227,309,920
10 Day Avg. Volume299,004
30 Day Avg. Volume186,428
Financial Highlights & Ratios
PEG Ratio-0.28
Price to Book (P/B)0.73
Price to Sales (P/S)0.00
P/FCF Ratio-6.73
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
Low Leverage / Strong Balance SheetEffectively zero debt and a tangible equity base (~$10.2M TTM) provide durable financial flexibility for exploration-focused spending, reduce bankruptcy/default risk, and allow the company to pursue option or JV strategies without high interest burdens.
Focus On Valuable Base & Precious MetalsConcentration on nickel, copper and gold gives structural exposure to widely sought commodities. Operating in Canada reduces geopolitical risk associated with resource projects and improves the odds of attracting strategic partners or buyers for successful discoveries.
Clear Monetization Pathways Via PartnershipsA business model that routinely pursues project optioning, sales, and JVs creates durable routes to monetize exploration success without having to self-fund full mine builds. Milestones, royalties and partner-funded work can de-risk capital intensity over time.
Bears Say
Persistent Operating Cash BurnNegative operating and free cash flow across recent periods indicates ongoing burn that cannot be covered by operations. Over months this raises dependence on external financing or asset sales, which can dilute shareholders or delay exploration programs if funding tightens.
Minimal Or No Recurring RevenueThe absence of steady revenue means the firm lacks an operating cash-generating base and remains reliant on one-off asset monetizations or financing. This undermines margin sustainability and makes long-term operational scalability and profitability uncertain.
Weak, Volatile Profitability And Negative ROEDeclining equity and negative ROE reflect that shareholder capital has not translated into sustainable earnings. Historical profits appear non-recurring, so persistent volatility in results raises uncertainty about the company’s ability to create long-term shareholder value.
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$0.04 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$76.15M.
When is Spruce Ridge Resources Ltd’s upcoming earnings report date?
Spruce Ridge Resources Ltd’s upcoming earnings report date is Aug 27, 2026 which is in 79 days.
How were Spruce Ridge Resources Ltd’s earnings last quarter?
Spruce Ridge Resources Ltd released its earnings results on Mar 30, 2026. The company reported C$0.002 earnings per share for the quarter, beating the consensus estimate of N/A by C$0.002.
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 N/A. 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 227,309,920 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, beating expectations of N/A. Following the earnings report the stock price went down -4.762%.
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
Neutral
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
166.66%
12-Months-Change
Fundamentals
Return on Equity
-2.62%
Trailing 12-Months
Asset Growth
1.74%
Trailing 12-Months
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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Options Prices
Currently, No data available
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