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Spc Nickel Corp. (TSE:SPC)
:SPC
Canadian Market

SPC Nickel (SPC) AI Stock Analysis

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SPC Nickel

(SPC)

38Underperform
SPC Nickel's stock score reflects its critical financial challenges, marked by persistent losses and absence of revenue. While the company maintains some financial stability through its cash position, the ongoing negative cash flows and equity decline are significant risks. Technical indicators suggest mixed market sentiment, and the negative valuation metrics further underline the company's operational struggles.

SPC Nickel (SPC) vs. S&P 500 (SPY)

SPC Nickel Business Overview & Revenue Model

Company DescriptionSPC Nickel Corp (SPC) is a Canadian mineral exploration company focused on exploring and developing nickel and other base metals. The company primarily operates within the mining and natural resources sector, with a focus on projects located in Canada. SPC Nickel aims to identify and develop high-quality nickel deposits, which are critical for various industrial applications, including the production of stainless steel and batteries for electric vehicles.
How the Company Makes MoneySPC Nickel makes money primarily through the exploration and development of nickel deposits, which are then sold to industrial clients or larger mining companies. The company's revenue model is based on the successful identification and extraction of nickel ores, which can then be processed and sold in the commodities markets. Revenue streams may include proceeds from the sale of nickel and other base metals extracted from their sites, as well as potential partnerships or joint ventures with larger mining entities who have the capacity to further develop and process the ores. Key factors contributing to its earnings include the global demand for nickel, commodity price fluctuations, and the company's ability to efficiently manage exploration and extraction operations.

SPC Nickel Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
TTMSep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
-26.90K0.00-32.91K-32.02K-21.12K0.00
EBIT
-1.03M-2.42M-4.40M-4.51M-4.63M-1.13M
EBITDA
-1.18M-2.45M-4.32M-4.48M-4.61M-1.13M
Net Income Common Stockholders
-1.10M-2.19M-4.35M-4.50M-4.31M-932.43K
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.50M2.03M2.08M3.81M5.36M1.78M
Total Assets
1.74M2.34M2.73M4.20M6.08M1.83M
Total Debt
46.68K55.00K86.28K113.74K137.80K0.00
Net Debt
-1.46M-1.98M-1.99M-3.70M-5.20M-1.78M
Total Liabilities
316.53K518.17K857.46K396.67K1.30M144.73K
Stockholders Equity
1.43M1.82M1.87M3.81M4.78M1.68M
Cash FlowFree Cash Flow
-670.93K-1.97M-3.90M-4.47M-3.53M-1.11M
Operating Cash Flow
-670.93K-1.97M-3.90M-4.47M-3.43M-1.11M
Investing Cash Flow
-1.37K-1.68K20.74K20.84K-180.27K-76.00
Financing Cash Flow
-16.04K1.92M2.15M2.92M7.16M2.05M

SPC Nickel Peers Comparison

Overall Rating
UnderperformOutperform
Sector (47)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSCNC
53
Neutral
$182.91M-0.58%91.44%
47
Neutral
$2.49B-2.97-22.93%3.49%4.06%-27.72%
TSFPX
42
Neutral
C$74.03M-4.25%48.82%
TSMUR
42
Neutral
C$2.98M-133.72%34.82%
TSNOM
41
Neutral
C$14.67M-8.20%28.80%
TSSPC
38
Underperform
C$3.85M-149.37%62.42%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:SPC
SPC Nickel
0.02
-0.04
-66.67%
TSE:FPX
FPX Nickel
0.24
-0.06
-20.00%
TSE:NOM
Norsemont Capital
0.21
0.09
75.00%
TSE:MUR
Murchison Minerals
0.01
-0.03
-75.00%
TSE:CNC
Canada Nickel Company
0.95
-0.50
-34.48%

SPC Nickel Corporate Events

Shareholder MeetingsBusiness Operations and Strategy
SPC Nickel Announces Meeting Results and Strategic Developments
Neutral
Feb 11, 2025

SPC Nickel Corp. held its Annual and Special General Meeting on February 11, 2025, where shareholders re-elected several directors and approved the company’s Omnibus Equity Incentive Compensation Plan. McGovern Hurley LLP was re-appointed as the auditor for the upcoming fiscal year. The meeting’s outcomes reinforce SPC Nickel’s governance and strategic planning, potentially impacting its operational focus and financial oversight in the mining sector.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.