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SPC Nickel
(SPC)
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Rating:46Neutral
Price Target:
C$0.07
▼(-1.43% Downside)
Action:Reiterated
Date:07/19/26
The score is primarily constrained by very weak financial performance (pre-revenue profile with persistent losses and negative cash flow, plus a recent TTM deterioration), which raises ongoing financing/dilution risk. Technical indicators are relatively neutral and provide limited support, while valuation is also pressured by negative earnings and no dividend yield data.
Positive Factors
Low leverage
Very low absolute debt and limited leverage materially reduce near-term solvency pressure, giving management more time to execute strategy without large interest costs. This durability supports operational runway and preserves optionality for refinancing or strategic moves over months.
Negative Factors
Pre-revenue profile
Zero revenue and negative gross profit show the business lacks commercial scale or proven products. Without revenue, the company must rely on external funding to operate, raising execution risk and making sustainable margin or market-share improvements uncertain over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Very low absolute debt and limited leverage materially reduce near-term solvency pressure, giving management more time to execute strategy without large interest costs. This durability supports operational runway and preserves optionality for refinancing or strategic moves over months.
Read all positive factors
SPC Nickel (SPC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$33.55M
Dividend YieldN/A
Average Volume (3M)451.44K
Price to Earnings (P/E)―
Beta (1Y)1.79
Revenue GrowthN/A
EPS Growth6.73%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding447,353,820
10 Day Avg. Volume431,545
30 Day Avg. Volume451,443
Financial Highlights & Ratios
PEG Ratio-0.33
Price to Book (P/B)3.33
Price to Sales (P/S)0.00
P/FCF Ratio-2.88
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
SPC Nickel Business Overview & Revenue Model
Company Description
SPC Nickel Corp. is a Canadian firm engaged in the procurement, exploration, and advancement of mineral properties throughout the country. The company primarily targets deposits rich in nickel, copper, and platinum group elements for its explorati...
How the Company Makes Money
null...
SPC Nickel Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
52
Neutral
Cash Flow
14
Very Negative
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -40.33K | -38.59K | -42.05K | -3.39M | -32.02K | -21.12K |
| EBITDA | -3.66M | -2.98M | -2.45M | -4.43M | -4.48M | -4.61M |
| Net Income | -3.58M | -3.02M | -2.19M | -4.35M | -4.50M | -4.31M |
Balance Sheet | ||||||
| Total Assets | 5.83M | 3.18M | 2.34M | 2.73M | 4.20M | 6.08M |
| Cash, Cash Equivalents and Short-Term Investments | 5.49M | 2.91M | 2.03M | 2.08M | 3.81M | 5.36M |
| Total Debt | 123.50K | 19.55K | 55.00K | 86.28K | 113.74K | 137.80K |
| Total Liabilities | 1.40M | 987.10K | 518.17K | 857.46K | 396.67K | 1.30M |
| Stockholders Equity | 4.43M | 2.19M | 1.82M | 1.87M | 3.81M | 4.78M |
Cash Flow | ||||||
| Free Cash Flow | -3.30M | -2.53M | -1.97M | -3.90M | -4.47M | -3.53M |
| Operating Cash Flow | -3.30M | -2.53M | -1.97M | -3.90M | -4.47M | -3.43M |
| Investing Cash Flow | -4.74K | -4.74K | -1.68K | 20.74K | 20.84K | -180.27K |
| Financing Cash Flow | 8.22M | 3.31M | 1.92M | 2.15M | 2.92M | 7.16M |
SPC Nickel Technical Analysis
Positive
0.07
Price Trends
0.07
Positive
0.07
Positive
0.07
Positive
Market Momentum
<0.01
Negative
57.54
Neutral
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SPC, the sentiment is Positive. The current price of 0.07 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.07, and above the 200-day MA of 0.07, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.54 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SPC.
SPC Nickel Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
49 Neutral | C$7.79M | -6.10 | -5.50% | ― | ― | -153.33% | |
46 Neutral | C$33.55M | -7.73 | -154.32% | ― | ― | 6.73% | |
46 Neutral | C$30.48M | -23.44 | 48.85% | ― | ― | 45.30% | |
44 Neutral | C$11.86M | -11.19 | -4.03% | ― | ― | 67.94% | |
43 Neutral | C$19.77M | -25.00 | -6.12% | ― | ― | 71.43% | |
43 Neutral | C$18.73M | -9.29 | -59.81% | ― | ― | 52.15% |
* General Sector Average
TSE:SPC
SPC Nickel
0.08
0.05
150.00%
TSE:SX
St-Georges Platinum and Base Metals
0.03
-0.03
-58.33%
TSE:TN
Tartisan Nickel Corp
0.13
0.05
56.25%
TSE:GIGA
Giga Metals Corporation
0.08
<0.01
7.14%
TSE:NICO
Class 1 Nickel & Technologies
0.15
0.09
150.00%
TSE:EVNI
EV Nickel, Inc.
0.15
-0.06
-27.50%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.