See more : SAG Holdings Ltd (SAG) Income Statement Analysis – Financial Results
Complete financial analysis of Spruce Ridge Resources Ltd. (SRCGF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Spruce Ridge Resources Ltd., a leading company in the Industrial Materials industry within the Basic Materials sector.
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Spruce Ridge Resources Ltd. (SRCGF)
About Spruce Ridge Resources Ltd.
Spruce Ridge Resources Ltd., an exploration-stage company, engages in the acquisition, exploration, and development of mineral properties. It explores for gold, copper, and zinc deposits. The company holds a 100% interest in the Great Burnt copper-gold property located in central Newfoundland. It also holds an option to acquire interests in the Nora Lake gold property situated in Ontario; and the Viking/Kramer gold properties located in Western Newfoundland, as well as interest in the petroleum and natural gas rights covering an area of 793 hectares located in the Unity area of southwestern Saskatchewan. The company was incorporated in 1989 and is headquartered in Puslinch, Canada.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 60.63K | 131.39K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 33.02K | 112.79K | 130.73K | 167.94K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 20.21K | 255.58K | 615.71K | 5.68K | 6.94K | 7.77K | 9.44K | 12.85K | 15.35K | 18.41K | 23.84K | 28.70K | 35.97K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -20.21K | -194.95K | -484.32K | -5.68K | -6.94K | -7.77K | -9.44K | -12.85K | -15.35K | -18.41K | -23.84K | -28.70K | -35.97K | 0.00 | 33.02K | 112.79K | 130.73K | 167.94K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 0.00% | -321.56% | -368.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 920.98K | 252.08K | 69.63K | 85.13K | 63.11K | 75.58K | 43.07K | 36.00K | 28.70K | 26.40K | 31.18K | 151.91K | 41.10K | 262.37K | 178.09K | 145.83K | 409.49K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 652.42K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.50K | 1.86K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.57M | 252.08K | 69.63K | 85.13K | 63.11K | 75.58K | 43.07K | 36.00K | 28.70K | 26.40K | 31.18K | 151.91K | 41.10K | 262.37K | 179.95K | 145.83K | 409.49K | 1.40M | 43.46K | 39.50K | 77.72K | 35.69K | 33.47K | 51.47K |
| Other Expenses | 111.41K | 20.58K | -135.20K | 1.82M | 14.95K | 18.95K | 14.10K | 11.55K | 7.58K | 12.55K | 14.85K | 28.59K | 33.29K | 129.81K | 2.30M | -454.82K | -81.54K | 102.77K | 354.62K | 25.16K | -523.96K | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 1.68M | 842.10K | 1.70M | 1.29M | 434.38K | 549.88K | 214.49K | 101.93K | 453.48K | 83.69K | 281.26K | 1.12M | 159.64K | 595.56K | 527.91K | 1.26M | 1.58M | 1.70M | 242.58K | 319.21K | 176.31K | 35.69K | 33.47K | 51.47K |
| Cost & Expenses | 1.71M | 1.10M | 2.32M | 1.30M | 441.32K | 557.65K | 223.93K | 114.78K | 468.83K | 102.10K | 305.10K | 1.15M | 195.61K | 595.56K | 527.91K | 1.26M | 1.58M | 1.70M | 242.58K | 319.21K | 176.31K | 35.69K | 33.47K | 51.47K |
| Interest Income | 0.00 | 7.04K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.21K | 67.00 | 48.31K | 130.73K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 570.00 | 6.98K | 16.61K | 17.76K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 46.00 | 219.00 | 26.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 275.03K | 58.41K | 54.07K | 5.68K | 6.94K | 7.77K | 9.44K | 12.85K | 15.35K | 18.41K | 23.84K | 28.70K | 35.97K | 42.46K | 49.38K | 60.03K | 46.10K | 5.56K | 2.06K | 13.50K | 293.23K | 0.00 | 0.00 | 0.00 |
| EBITDA | -1.82M | -992.33K | -2.15M | -1.16M | -413.02K | -530.93K | -138.61K | -7.84K | -435.88K | -65.34K | -256.72K | -807.54K | 1.76M | -703.39K | -445.51K | -1.54M | -1.49M | -1.52M | -241.55K | -312.47K | -29.70K | -35.69K | -33.47K | -51.47K |
| EBITDA Ratio | 0.00% | 6,288.21% | 5,951.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -1,349.34% | -1,364.13% | -1,137.22% | -893.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | -1.71M | -1.04M | -2.25M | -1.30M | -441.32K | -625.27K | -230.91K | -131.39K | -486.59K | -102.10K | -833.21K | -1.36M | -295.61K | -605.96K | -494.94K | -1.14M | -1.45M | -1.55M | -243.61K | -325.96K | -322.93K | -35.69K | -33.47K | -51.47K |
| Operating Income Ratio | 0.00% | -1,710.53% | -1,709.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -1,499.04% | -1,014.29% | -1,111.35% | -922.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 2.03M | -4.78M | -10.05M | 24.44M | 9.06M | 18.95K | 21.82K | 12.13K | 132.98K | 6.86K | 6.23K | -113.83K | -1.79M | 160.68K | 2.30M | -454.82K | -81.54K | 81.13K | 353.59K | 18.41K | -670.57K | 0.00 | 0.00 | -2.35K |
| Income Before Tax | 320.41K | -5.81M | -12.29M | 23.14M | 8.61M | -606.32K | -209.09K | -119.26K | -353.61K | -95.24K | -826.98K | -1.43M | -2.08M | -445.27K | 1.80M | -1.60M | -1.53M | -1.47M | 109.98K | -307.55K | -993.50K | 0.00 | 0.00 | -53.82K |
| Income Before Tax Ratio | 0.00% | -9,589.93% | -9,354.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 5,459.80% | -1,417.54% | -1,173.72% | -874.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | 4.80M | -1.63M | 1.47M | -9.04M | -2.75K | 21.08K | 28.16K | 25.34K | 12.55K | 536.73K | 313.57K | 1.92M | -150.29K | 46.00 | -72.50K | -81.51K | 124.59K | -913.00 | -6.71K | -146.52K | 35.74K | 33.60K | -45.00 |
| Net Income | 320.79K | -5.81M | -10.66M | 21.67M | 8.61M | -603.58K | -209.09K | -119.26K | -353.61K | -95.24K | -826.98K | -1.43M | -2.08M | -445.27K | 1.80M | -1.53M | -1.53M | -1.55M | 110.90K | -300.84K | -846.98K | -35.74K | -33.60K | -53.78K |
| Net Income Ratio | 0.00% | -9,589.93% | -8,112.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 5,459.80% | -1,353.26% | -1,173.72% | -922.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 0.00 | -0.03 | -0.06 | 0.16 | 0.09 | -0.01 | 0.00 | 0.00 | -0.01 | 0.00 | -0.02 | -0.04 | -0.07 | -0.02 | 0.07 | -0.07 | -0.07 | -0.09 | 0.01 | -0.02 | -0.08 | 0.00 | -0.01 | -0.01 |
| EPS Diluted | 0.00 | -0.03 | -0.06 | 0.16 | 0.09 | -0.01 | 0.00 | 0.00 | -0.01 | 0.00 | -0.02 | -0.04 | -0.07 | -0.02 | 0.07 | -0.07 | -0.07 | -0.09 | 0.01 | -0.02 | -0.08 | 0.00 | -0.01 | -0.01 |
| Weighted Avg Shares Out | 191.86M | 180.21M | 174.48M | 135.77M | 98.06M | 89.54M | 73.44M | 70.09M | 51.77M | 49.72M | 44.91M | 36.43M | 28.30M | 26.12M | 24.83M | 22.95M | 21.98M | 17.77M | 14.98M | 15.04M | 11.14M | 8.39M | 6.61M | 5.88M |
| Weighted Avg Shares Out (Dil) | 191.81M | 180.21M | 174.48M | 135.77M | 98.06M | 89.54M | 73.44M | 70.91M | 51.77M | 49.72M | 44.91M | 36.43M | 28.30M | 26.12M | 24.83M | 22.95M | 21.98M | 17.77M | 14.98M | 15.04M | 11.14M | 8.39M | 6.61M | 5.88M |
Spruce Ridge Resources Ltd. Completes Private Placement Financing
TORONTO, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Spruce Ridge Resources Ltd. (“Spruce” or the “Company”) (TSXV: SHL) is pleased to announce that it has closed the previously announced non-brokered private placement of 30,000,000 units (“Units”), which were sold at $0.05...
Spruce Ridge Resources Ltd. Announces Stock Option and RSU Grant
TORONTO, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Spruce Ridge Resources Ltd. (“Spruce” or the “Company”) (TSXV: SHL) announces the Company has granted a total of 9,250,000 incentive stock options (the “Options”) to purchase common shares of the Company (“Common Shares”)...
Spruce Ridge Resources Ltd. Announces Results of 2023 Annual and Special Meeting of Shareholders
TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Spruce Ridge Resources Ltd., (TSXV: SHL) (“Spruce” or the “Company”) is pleased to announce the results of its annual and special meeting of shareholders held in Toronto on November 30, 2023 (the “Meeting”)....
Spruce Ridge Resources Ltd. Announces Agreement with RAB Capital Holdings to Acquire Nickel Assets in Oregon
TORONTO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Spruce Ridge Resources Ltd. (“Spruce” or the “Company”) (TSXV: SHL) is pleased to announce that it has entered into a share purchase agreement (the “Agreement”) with RAB Capital Holdings Limited (“RAB Capital”), an...
Spruce Ridge Resources Ltd. Announces Regulatory Approval of Option Agreement with Benton Resources Inc. for Newfoundland Property
TORONTO, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Spruce Ridge Resources Ltd. (“Spruce” or the “Company”) (TSXV: SHL) is pleased to announce that, further to its news release of August 17, 2023, the Company has entered into an option agreement (the...
Spruce Ridge Resources Ltd. Announces Binding Letter of Intent with Benton Resources Inc. for Option of Newfoundland Property
TORONTO, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Spruce Ridge Resources Ltd. (“Spruce” or the “Company”) (TSXV: SHL) is pleased to announce that it has signed a binding letter of intent (the “LOI”) with Benton Resources Inc. (“Benton”) (TSXV: BEX) to...
Benton Options Great Burnt Copper-Gold Deposits from Spruce Ridge Resources in Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - August 17, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that on August 15, 2023, it entered into a binding letter of intent (LOI) with Spruce Ridge Resources...
Spruce Ridge Announces Closing of Non-Brokered Flow-Through Financing
PUSLINCH, ON / ACCESSWIRE / February 24, 2021 / Spruce Ridge Resources Ltd. (TSXV:SHL) ("Spruce Ridge" or the "Company") announces that it has received approval from the TSX Venture Exchange to close its non-brokered private placement of flow-through shares (see...
Spruce Ridge Resources Announces Non-Brokered Flow-Through Private Placement of up to $1,400,000 and First Tranche Closing
PUSLINCH, ON / ACCESSWIRE / January 11, 2021 / Spruce Ridge Resources Ltd. (TSXV: SHL) ("Spruce Ridge" or the "Company") announces that the Company intends to complete a non-brokered private placement of flow-through shares (the "Private Placement").
Source: https://incomestatements.info
Category: Stock Reports