Silver Spruce Resources Inc (TSE:SSE)
:SSE
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Silver Spruce Resources
(SSE)
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Rating:41Neutral
Price Target:
C$0.08
▼(-73.00% Downside)
Action:Reiterated
Date:06/12/26
The score is primarily constrained by very weak financial performance (no revenue, ongoing losses and cash burn, and negative equity). Technicals also detract due to a clear downtrend and negative momentum, despite extremely oversold indicators. Valuation provides only limited offset because the company is loss-making and offers no dividend.
Positive Factors
Exploration-driven monetization model
Silver Spruce’s core model—advance early-stage projects and monetize via options, joint ventures, farm-outs, sales or royalties—matches durable industry practice. This preserves upside from discoveries and allows capital-light value realization over months if projects attract partners.
Negative Factors
No operating revenue
Persistent zero revenue means the business lacks internal cash generation and remains fully reliant on capital markets or asset disposals. Over a multi-month horizon this limits reinvestment capacity and makes project advancement contingent on external funding or partner deals.
Read all positive and negative factors
Positive Factors
Negative Factors
Exploration-driven monetization model
Silver Spruce’s core model—advance early-stage projects and monetize via options, joint ventures, farm-outs, sales or royalties—matches durable industry practice. This preserves upside from discoveries and allows capital-light value realization over months if projects attract partners.
Read all positive factors
Silver Spruce Resources (SSE) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$2.82M
Dividend YieldN/A
Average Volume (3M)29.68K
Price to Earnings (P/E)―
Beta (1Y)2.68
Revenue GrowthN/A
EPS Growth-13.66%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.05
Shares Outstanding31,370,190
10 Day Avg. Volume41,498
30 Day Avg. Volume29,680
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)-5.34
Price to Sales (P/S)0.00
P/FCF Ratio-42.44
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
Silver Spruce Resources Business Overview & Revenue Model
Company Description
Based in Bedford, Canada, Silver Spruce Resources Inc., founded in 1996, functions as a junior enterprise dedicated to the exploration of precious and base minerals. The company's exploration activities target various metals and elements such as c...
How the Company Makes Money
Silver Spruce Resources does not typically generate recurring operating revenue from selling products or services; instead, its business model is primarily value creation through mineral exploration and project transactions. The company generally ...
Silver Spruce Resources Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
15
Very Negative
| Breakdown | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | -1.61K | -19.36K | -19.36K | -17.75K |
| EBITDA | -404.19K | -928.50K | -962.84K | -1.52M | -2.29M |
| Net Income | -379.91K | -961.78K | -1.05M | -1.54M | -2.39M |
Balance Sheet | |||||
| Total Assets | 37.41K | 112.06K | 410.71K | 385.22K | 1.47M |
| Cash, Cash Equivalents and Short-Term Investments | 10.36K | 2.19K | 377.58K | 221.93K | 1.18M |
| Total Debt | 58.30K | 0.00 | 1.73K | 21.98K | 41.24K |
| Total Liabilities | 643.80K | 354.07K | 213.45K | 354.65K | 311.83K |
| Stockholders Equity | -606.39K | -242.01K | 197.26K | 30.57K | 1.16M |
Cash Flow | |||||
| Free Cash Flow | -76.33K | -714.61K | -1.01M | -1.18M | -2.02M |
| Operating Cash Flow | -76.33K | -714.61K | -1.01M | -1.18M | -2.02M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 84.50K | 339.22K | 1.17M | 227.56K | 1.92M |
Silver Spruce Resources Peers Comparison
UnderperformOutperform
Sector (61)
TSE:SSE
Silver Spruce Resources
0.09
-0.06
-39.60%
TSE:CBLT
CBLT Inc
0.05
<0.01
11.11%
TSE:BOLT
Bolt Metals
0.52
0.27
108.00%
TSE:SAO
South Atlantic Gold
0.09
0.06
193.33%
Silver Spruce Resources Corporate Events
Private Placements and Financing
Silver Spruce Raises $739,250 in First Tranche of Private Placement
Positive
Apr 2, 2026
Silver Spruce Resources has closed the first tranche of its non-brokered private placement, raising CAD$739,250 through the issuance of 3,696,250 units at CAD$0.20 each, with attached four-year warrants exercisable at CAD$0.30. The company plans t...
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.