Spruce Ridge Resources (SHL) Price & Analysis

Q: 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.

Q: What is Spruce Ridge Resources Ltd’s market cap?

Spruce Ridge Resources Ltd’s market cap is C$81.39M.

Q: 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 29 days.

Q: 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.

Q: Is Spruce Ridge Resources Ltd overvalued?

According to Wall Street analysts Spruce Ridge Resources Ltd’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Q: 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

Q: 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.

Q: How many shares outstanding does Spruce Ridge Resources Ltd have?

Spruce Ridge Resources Ltd has 226,096,800 shares outstanding.

Q: 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%.

Q: Which hedge fund is a major shareholder of Spruce Ridge Resources Ltd?

Currently, no hedge funds are holding shares in TSE:SHL

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SHL Stock Chart & Stats

C$0.08

C$0.00(0.00%)

At close: Jan 06 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$91.28M

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, 2026

EPS 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 LeverageA near-zero debt profile meaningfully reduces solvency and interest-rate risk, giving management flexibility to prioritize operational needs or opportunistic investments during a funding gap. This structural strength supports survival through extended cash burn and aids credit access over months.

Positive Equity CushionA positive equity base provides a tangible balance-sheet buffer against further losses and underpins continued access to equity or debt markets. Even after declines, this cushion preserves optionality for restructuring, asset sales, or raises without immediate insolvency risk.

Public Market LiquiditySustained average trading volume supports the company’s ability to raise capital in public markets with lower execution risk. Higher liquidity reduces transaction friction for financings and secondary offerings, an important durable advantage given ongoing cash needs.

Bears Say

No Trailing RevenueAbsence of recurring revenue is a fundamental structural weakness: without operating sales the company cannot self-fund operations or demonstrate product/asset monetization. Over 2–6 months this forces reliance on capital markets or one-off transactions to sustain operations.

Persistent Cash BurnContinued negative operating and free cash flow indicate the business is cash-consumptive rather than cash-generative, creating predictable funding requirements. This structural outflow raises dilution and refinancing risk and limits capacity to invest in growth or projects without external funding.

Eroding Equity And ROE PressureA materially reduced equity base and negative ROE reflect cumulative losses and possible dilution, weakening the balance sheet’s ability to absorb future shocks. Over months this trend increases the likelihood of further capital raises and constrains strategic flexibility.

Spruce Ridge Resources News

Homeland Nickel to Gain Wider Investor Base Through Noble Share Distribution

Spruce Ridge Resources ( ($TSE:SHL) ) has issued an announcement. Homeland Nickel, a Canadian mineral exploration firm specializing...

13d ago

Homeland Nickel Names Jordan Black Corporate Secretary as Errol Farr Steps Down

Spruce Ridge Resources ( ($TSE:SHL) ) has shared an update. Homeland Nickel Inc. has appointed geotechnical engineer and...

1M ago

Homeland Nickel Says No Material Change Behind Surge in Trading Activity

The latest update is out from Spruce Ridge Resources ( ($TSE:SHL) ). Homeland Nickel Inc. stated that its...

1M ago

Homeland Nickel Forms Patriot Nickel Corp to Boost U.S. Presence

An update from Spruce Ridge Resources ( ($TSE:SHL) ) is now available. Homeland Nickel Inc. has announced the...

3M ago

Homeland Nickel Expands Resource Base with New Acquisitions and Promising Assay Results

The latest update is out from Spruce Ridge Resources ( ($TSE:SHL) ). Homeland Nickel Inc. has announced promising...

4M ago

Homeland Nickel Grants 650,000 Stock Options to Consultants

Spruce Ridge Resources ( ($TSE:SHL) ) has provided an update. Homeland Nickel Inc. has announced the grant of...

5M ago

Homeland Nickel Partners with Brazilian Nickel for Oregon Project Development

Spruce Ridge Resources ( ($TSE:SHL) ) has issued an announcement. Homeland Nickel Inc. has entered into a preliminary...

5M ago

Homeland Nickel Advances Exploration with Red Flat Approval and New Claims

Spruce Ridge Resources ( ($TSE:SHL) ) has shared an update. Homeland Nickel Inc. has received approval from the...

6M ago

Homeland Nickel Reports Promising Exploration Results at Eight Dollar Mountain

An announcement from Spruce Ridge Resources ( ($TSE:SHL) ) is now available. Homeland Nickel Inc. has announced promising...

7M ago

Homeland Nickel Inc. Changes Auditor to MNP LLP

The latest update is out from Spruce Ridge Resources ( ($TSE:SHL) ). Homeland Nickel Inc. has announced a...

8M ago

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 29 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. Get more investment ideas with TipRanks Premium

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.