Silver Spruce Resources Stock Buy Hold or Sell Recommendation
| SSE Stock | CAD 0.01 0.01 50.00% |
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Silver Spruce Resources is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Silver Spruce Resources given historical horizon and risk tolerance towards Silver Spruce. When Macroaxis issues a 'buy' or 'sell' recommendation for Silver Spruce Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Silver Spruce Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Silver and provide practical buy, sell, or hold advice based on investors' constraints. Silver Spruce Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Silver |
Execute Silver Spruce Buy or Sell Advice
The Silver recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Silver Spruce Resources. Macroaxis does not own or have any residual interests in Silver Spruce Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Silver Spruce's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Silver Spruce Trading Alerts and Improvement Suggestions
| Silver Spruce generated a negative expected return over the last 90 days | |
| Silver Spruce has high historical volatility and very poor performance | |
| Silver Spruce has some characteristics of a very speculative penny stock | |
| Silver Spruce has high likelihood to experience some financial distress in the next 2 years | |
| Silver Spruce has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (1.05 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Silver Spruce Resources has accumulated about 20.35 K in cash with (1.01 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Silver Spruce Secures Permit for Melchett Lake Project - TipRanks |
Silver Spruce Returns Distribution Density
The distribution of Silver Spruce's historical returns is an attempt to chart the uncertainty of Silver Spruce's future price movements. The chart of the probability distribution of Silver Spruce daily returns describes the distribution of returns around its average expected value. We use Silver Spruce Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Silver Spruce returns is essential to provide solid investment advice for Silver Spruce.
| Mean Return | 0.00 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 15.19 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Silver Spruce historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Silver Spruce Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.1M | (94.8K) | (956.5K) | 155.6K | 140.1K | 147.1K | |
| 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 Flow | 1.3M | 1.2M | 221.9K | 377.6K | 434.2K | 580.0K | |
| Other Non Cash Items | (226.1K) | 130.2K | 120K | 30K | 27K | 25.7K | |
| Net Borrowings | (57.6K) | 40K | (49.1K) | (20.9K) | (18.8K) | (17.9K) | |
| Change To Netincome | 16.3K | (83.2K) | 269.3K | 170.0K | 153.0K | 76.9K |
Silver Spruce Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Silver Spruce or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Silver Spruce's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Silver stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | -0.5 | |
σ | Overall volatility | 15.68 | |
Ir | Information ratio | -0.0085 |
Silver Spruce Volatility Alert
Silver Spruce Resources is displaying above-average volatility over the selected time horizon. Silver Spruce Resources is a penny stock. Even though Silver Spruce may be a good instrument to invest, many penny stocks are speculative instruments that are subject to artificial stock promotions. Please make sure you fully understand upside and downside scenarios of investing in Silver Spruce Resources or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings,sudden promotions and many other similar artificial hype indicators. We also encourage traders to check work history of company executives before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Silver instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Silver Spruce Fundamentals Vs Peers
Comparing Silver Spruce's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Silver Spruce's direct or indirect competition across all of the common fundamentals between Silver Spruce and the related equities. This way, we can detect undervalued stocks with similar characteristics as Silver Spruce or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Silver Spruce's fundamental indicators could also be used in its relative valuation, which is a method of valuing Silver Spruce by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Silver Spruce to competition |
| Fundamentals | Silver Spruce | Peer Average |
| Return On Equity | -7.07 | -0.31 |
| Return On Asset | -1.52 | -0.14 |
| Current Valuation | 1.24 M | 16.62 B |
| Shares Outstanding | 322.55 M | 571.82 M |
| Shares Owned By Insiders | 4.31 % | 10.09 % |
| Number Of Shares Shorted | 10.08 K | 4.71 M |
| Price To Earning | 13.00 X | 28.72 X |
| Price To Book | 28.88 X | 9.51 X |
| EBITDA | (1.02 M) | 3.9 B |
| Net Income | (1.05 M) | 570.98 M |
| Cash And Equivalents | 20.35 K | 2.7 B |
| Total Debt | 1.73 K | 5.32 B |
| Debt To Equity | 568.70 % | 48.70 % |
| Current Ratio | 1.04 X | 2.16 X |
| Cash Flow From Operations | (1.01 M) | 971.22 M |
| Short Ratio | 0.29 X | 4.00 X |
| Beta | 1.36 | -0.15 |
| Market Capitalization | 1.61 M | 19.03 B |
| Total Asset | 410.71 K | 29.47 B |
| Retained Earnings | (45.53 M) | 9.33 B |
| Working Capital | 195.65 K | 1.48 B |
| Net Asset | 410.71 K |
Silver Spruce Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Silver . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.5 | |||
| Day Median Price | 0.005 | |||
| Day Typical Price | 0.005 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0.01) |
About Silver Spruce Buy or Sell Advice
When is the right time to buy or sell Silver Spruce Resources? Buying financial instruments such as Silver Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Silver Spruce in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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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.