Silver Spruce Financials

SSE Stock  CAD 0.01  0.01  50.00%   
We advise to exercise Silver Spruce fundamental analysis to find out if markets are presently mispricing the firm. In other words this technique allows you to confirm available indicators of Silver Spruce Resources as well as the relationship between them. We were able to interpolate twenty-three available drivers for Silver Spruce Resources, which can be compared to its competition. The stock experiences a very speculative upward sentiment. Check odds of Silver Spruce to be traded at C$0.0048 in 90 days. Key indicators impacting Silver Spruce's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio2.331.72
Significantly Up
Pretty Stable
  
Understanding current and past Silver Spruce Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Silver Spruce's financial statements are interrelated, with each one affecting the others. For example, an increase in Silver Spruce's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Silver Spruce's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Silver Spruce Resources. Check Silver Spruce's Beneish M Score to see the likelihood of Silver Spruce's management manipulating its earnings.

Silver Spruce Stock Summary

Silver Spruce competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Silver Spruce Resources Inc., a junior exploration company, engages in the exploration and development of mineral properties. Silver Spruce Resources Inc. was founded in 1996 and is headquartered in Bridgewater, Canada. SILVER SPRUCE operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
Foreign Associate
  USA
Specialization
Basic Materials, Other Industrial Metals & Mining
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA8282292033
Business Address115 Wimbledon Road,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitesilverspruceresources.com
Phone902 402 0388
CurrencyCAD - Canadian Dollar
You should never invest in Silver Spruce without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Silver Stock, because this is throwing your money away. Analyzing the key information contained in Silver Spruce's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Silver Spruce Key Financial Ratios

There are many critical financial ratios that Silver Spruce's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Silver Spruce Resources reports annually and quarterly.

Silver Spruce Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.4M1.5M385.2K410.7K369.6K351.2K
Net Debt(1.2M)(1.1M)(199.9K)(375.8K)(432.2K)(453.8K)
Retained Earnings(40.6M)(42.9M)(44.5M)(45.5M)(41.0M)(38.9M)
Accounts Payable224.4K45.9K223.1K263.5K303.0K205.4K
Cash1.3M1.2M221.9K377.6K339.8K438.7K
Net Receivables61.8K202.2K121.4K29.5K26.6K25.2K
Other Current Assets86.8K51.8K20.9K2.0K1.8K1.7K
Total Liab111.8K311.8K354.6K213.5K245.5K475.3K
Total Current Assets1.4M1.4M364.3K409.1K368.2K603.9K
Other Current Liab84.2K270.6K332.7K211.7K243.5K350.9K
Net Tangible Assets(398.5K)1.3M1.2M30.6K35.2K36.9K
Common Stock31.8M33.3M33.5M34.2M39.3M33.4M
Net Invested Capital1.3M1.2M30.6K197.3K177.5K168.7K
Net Working Capital1.3M1.1M11.3K195.6K225.0K236.2K
Capital Stock31.8M33.3M33.5M34.2M39.3M35.4M

Silver Spruce Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash1.1M(94.8K)(956.5K)155.6K140.1K147.1K
Free Cash Flow(973.1K)(2.0M)(1.2M)(1.0M)(908.9K)(954.3K)
Net Income(782.4K)(2.4M)(1.5M)(1.1M)(947.7K)(995.1K)
End Period Cash Flow1.3M1.2M221.9K377.6K434.2K580.0K
Other Non Cash Items(226.1K)130.2K120K30K27K25.7K
Net Borrowings(57.6K)40K(49.1K)(20.9K)(18.8K)(17.9K)
Change To Netincome16.3K(83.2K)269.3K170.0K153.0K76.9K

Silver Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Silver Spruce's current stock value. Our valuation model uses many indicators to compare Silver Spruce value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Silver Spruce competition to find correlations between indicators driving Silver Spruce's intrinsic value. More Info.
Silver Spruce Resources is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Silver Spruce's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Silver Spruce's earnings, one of the primary drivers of an investment's value.

Silver Spruce Resources Systematic Risk

Silver Spruce's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Silver Spruce volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Silver Spruce Resources correlated with the market. If Beta is less than 0 Silver Spruce generally moves in the opposite direction as compared to the market. If Silver Spruce Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Silver Spruce Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Silver Spruce is generally in the same direction as the market. If Beta > 1 Silver Spruce moves generally in the same direction as, but more than the movement of the benchmark.

Silver Spruce Resources Total Assets Over Time

Today, most investors in Silver Spruce Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Silver Spruce's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Silver Spruce growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.093

At this time, Silver Spruce's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Silver Spruce November 27, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Silver Spruce help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Silver Spruce Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Silver Spruce Resources based on widely used predictive technical indicators. In general, we focus on analyzing Silver Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Silver Spruce's daily price indicators and compare them against related drivers.

Additional Tools for Silver Stock Analysis

When running Silver Spruce's price analysis, check to measure Silver Spruce's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Silver Spruce is operating at the current time. Most of Silver Spruce's value examination focuses on studying past and present price action to predict the probability of Silver Spruce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver Spruce's price. Additionally, you may evaluate how the addition of Silver Spruce to your portfolios can decrease your overall portfolio volatility.