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$93.20M
Enterprise ValueC$90.30M
Total Cash (Recent Filing)C$4.24M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)39.6
Beta1.79
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
Debt-free Balance SheetA near-zero debt load is a durable fundamental strength for an explorer: it reduces insolvency risk and lowers fixed obligations, giving management flexibility to time capital raises, pursue option/JV deals, or fund drilling without immediate debt servicing pressures over the next 2–6 months.
Sizeable Equity CushionHaving ~10.2M of equity provides a tangible capital buffer to support near-term exploration and corporate activity. This equity base can underpin funding alternatives (share issues, JV stakes, or option deals) and offers a runway advantage versus peers with weaker net assets.
Focus On High-demand MetalsConcentrating assets in nickel, copper and gold aligns the company with durable structural demand—nickel and copper for electrification and infrastructure, gold as a store of value—supporting long-term partner interest, potential offtakes, and option/jv monetization opportunities.
Bears Say
Persistent Cash BurnSustained negative operating and free cash flow erodes liquidity and forces reliance on external capital. Over 2–6 months this raises dilution and execution risk: funding shortfalls can delay drilling, push back milestones, or restrict ability to maintain concessions without raising equity or selling assets.
Minimal / No Recurring RevenueA lack of steady revenue means the business depends on asset transactions or financings to fund operations. This structural absence of operating cash generation makes long-term planning fragile and increases sensitivity to capital markets and partner appetite over the medium term.
Volatile, Non‑recurring Profits; Declining EquityProfitability has been driven by irregular, one‑off items rather than sustainable operations, while accumulated losses have reduced equity. This volatility undermines confidence in recurring earnings and makes long-term value creation conditional on successful exploration or asset sales.
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$93.20M.
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 98 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
1
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5
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7
8
9
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. 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.
Technical Analysis
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Options Prices
Currently, No data available
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