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$0.04 - C$0.72
Previous CloseN/A
Volume5.00K
Average Volume (3M)186.43K
Market Cap
C$105.14M
Enterprise ValueC$104.51M
Total Cash (Recent Filing)C$4.24M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)39.6
Beta1.78
Next Earnings
Aug 27, 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 / Balance Sheet StrengthVery low debt provides durable financial flexibility to fund exploration or survive operating drawdowns without heavy interest burdens. This reduces insolvency risk, supports JV/option negotiations, and preserves runway for discovery-driven value creation over the medium term.
Asset-Monetization Business ModelA business model centered on advancing and optioning mineral projects or earning royalties/JV income lets the company monetize discoveries without becoming a capital‑intensive producer. Structurally, this model reduces required long-term capex and aligns incentives with partners for scalable value extraction.
Improving Cash Flow TrendPositive free‑cash‑flow growth in the TTM, albeit from a negative base, indicates improving cash conversion versus prior periods. If sustained, this trend can reduce frequency of external financings, lengthen runway for exploration, and increase optionality for targeted investments or partnerships.
Bears Say
Persistent Cash BurnOngoing negative operating and free cash flow shows the company is consuming capital to fund activities rather than generating it. Over months this raises reliance on external funding, heightens dilution risk, and could force project slowdowns or asset disposals that delay value realization from exploration work.
Minimal And Volatile RevenueThe lack of recurring revenue and history of volatile, non‑recurring profits means the firm cannot rely on stable operational cash inflows. Persistent net losses and revenue uncertainty constrain strategic planning and heighten dependence on capital markets or one‑off asset transactions to fund growth.
Declining Equity / Negative ReturnsShrinking equity and negative ROE reflect accumulated losses and erosion of shareholder capital. This weakens the company's capacity to self‑fund exploration, raises the probability of equity issuance or dilution, and signals management has yet to convert assets into sustainable, profitable returns.
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$105.14M.
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 142 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 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 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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8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
166.66%
12-Months-Change
Fundamentals
Return on Equity
-18.39%
Trailing 12-Months
Asset Growth
-11.21%
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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