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Spruce Ridge Resources Ltd (TSE:SHL)
:SHL
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$0.03 - C$0.72
Previous CloseN/A
Volume5.00K
Average Volume (3M)186.43K
Market Cap
C$81.39M
Enterprise ValueC$94.67M
Total Cash (Recent Filing)C$3.30M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.47
Next Earnings
Mar 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding226,096,800
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 / Minimal DebtThe company's near-zero debt materially reduces solvency and fixed-charge risk, giving structural flexibility. For a cash-burning explorer, low leverage preserves optionality to raise capital, pursue opportunities, or withstand weak commodity cycles over the next several months.
Positive Equity BufferA positive equity base (~$9.5M TTM) provides a solvency cushion versus insolvent peers and supports continued operations. Over a 2-6 month horizon this buffer reduces immediate liquidation risk and improves the company's ability to access capital markets or barter assets if needed.
Prior Large Realized Value EventThe 2021 large profit indicates the company has previously converted asset value into material earnings. While non-recurring, it demonstrates a structural path to value realization (asset sales/joint ventures) that could reoccur with execution or favorable market conditions within the medium term.
Bears Say
No TTM Revenue; Ongoing LossesThe absence of trailing-twelve-month revenue and persistent net losses means the core business is not self-sustaining. Structurally, lack of revenue undermines scalability, forces reliance on external funding, and erodes investor confidence if a clear path to commercialization is not established.
Persistent Negative Cash FlowConsistent operating and free cash flow outflows create ongoing funding needs. Over a medium horizon this increases dilution or financing risk, constrains exploration and development activities, and reduces strategic flexibility until operating cash generation turns positive or new capital is secured.
Declining Equity And Negative ROEMaterial decline in equity and a negative return on equity reflect persistent value erosion and poor capital efficiency. Structurally this limits borrowing capacity, raises dilution risk when raising funds, and signals sustained underperformance versus capital employed over the coming months.
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$0.03 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$81.39M.
When is Spruce Ridge Resources Ltd’s upcoming earnings report date?
Spruce Ridge Resources Ltd’s upcoming earnings report date is Mar 26, 2026 which is in 31 days.
How were Spruce Ridge Resources Ltd’s earnings last quarter?
Spruce Ridge Resources Ltd released its earnings results on Dec 23, 2025. 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 226,096,800 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 same 0%.
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
Company Description
Spruce Ridge Resources Ltd
Homeland Nickel, Inc. is a mineral exploration company, which engages in the acquisition, exploration and development of exploration, and evaluation properties. Its projects include Cleopatra property, Red Flat Nickel property, Eight Dollar Mountain, Shamrock property, and Benton option. The company was founded on April 4, 1989 and is headquartered in Toronto, Canada.
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Options Prices
Currently, No data available
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