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Spruce Ridge Resources TSXV:SHL Stock Report

Last Price

CA$0.05

Market Cap

CA$11.0m

7D

-9.1%

1Y

n/a

Updated

16 Apr, 2024

Data

Company Financials

Spruce Ridge Resources Ltd.

TSXV:SHL Stock Report

Market Cap: CA$11.0m

SHL Stock Overview

Spruce Ridge Resources Ltd., an exploration stage company, engages in the exploration of mineral properties.

SHL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Spruce Ridge Resources Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Spruce Ridge Resources
Historical stock prices
Current Share PriceCA$0.05
52 Week HighCA$0.11
52 Week LowCA$0.04
Beta2.3
1 Month Change-23.08%
3 Month Change-44.44%
1 Year Changen/a
3 Year Change-68.75%
5 Year Change-9.09%
Change since IPO-16.67%

Recent News & Updates

Recent updates

We Don’t Think Spruce Ridge Resources' (CVE:SHL) Earnings Should Make Shareholders Too Comfortable

Apr 12
We Don’t Think Spruce Ridge Resources' (CVE:SHL) Earnings Should Make Shareholders Too Comfortable

Shareholder Returns

SHLCA Metals and MiningCA Market
7D-9.1%-2.1%-3.0%
1Yn/a-8.3%3.2%

Return vs Industry: Insufficient data to determine how SHL performed against the Canadian Metals and Mining industry.

Return vs Market: Insufficient data to determine how SHL performed against the Canadian Market.

Price Volatility

Is SHL's price volatile compared to industry and market?
SHL volatility
SHL Average Weekly Movement14.2%
Metals and Mining Industry Average Movement11.5%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: SHL's share price has been volatile over the past 3 months.

Volatility Over Time: SHL's weekly volatility has decreased from 23% to 14% over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
1989n/aSteven, Steve Balchwww.spruceridgeresources.com

Spruce Ridge Resources Ltd., an exploration stage company, engages in the exploration of mineral properties. The company holds 100% interest in the Great Burnt copper-gold property located in Central Newfoundland; and the Foggy Pond property comprising 767 claims covering an area of approximately 19,175 hectares, as well as owns producing oil wells in Unity, Saskatchewan. It also holds an option to acquire 89% interest in the Nora Lake Property located in Ontario.

Spruce Ridge Resources Ltd. Fundamentals Summary

How do Spruce Ridge Resources's earnings and revenue compare to its market cap?
SHL fundamental statistics
Market capCA$11.01m
Earnings (TTM)-CA$1.27m
Revenue (TTM)CA$940.00

Over9,999x

P/S Ratio

-8.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHL income statement (TTM)
RevenueCA$940.00
Cost of RevenueCA$19.23k
Gross Profit-CA$18.28k
Other ExpensesCA$1.25m
Earnings-CA$1.27m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0058
Gross Margin-1,945.21%
Net Profit Margin-134,770.85%
Debt/Equity Ratio0%

How did SHL perform over the long term?

See historical performance and comparison
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