0.38
0.00%
Close of 9 Nov 2026, in CAD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Spruce Ridge Resources
Its shares trade on TSX Venture under the ticker SHL.V. It has been listed since 31 May 1994. In the fiscal year to 30 April 2023, it reported revenue of C$60,628 and a net loss of C$5.8m. At that date it held total assets of C$10.6m and shareholders' equity of C$10.4m.
Spruce Ridge Resources Ltd. is a mineral exploration company. The company is headquartered in Toronto, Ontario. The firm is focused on the acquisition, exploration, and development of mineral resources, primarily copper and gold. The firm's gold, copper, and silver exploration projects include Great Burnt Copper-Gold project in Newfoundland, Nora Lake Gold Property, Ontario, Drumlummon Tailings, Montana Gold and Silver project (joint venture with Americas Silver Corp.), and Viking and Kramer gold properties optioned to Anaconda mining. The Great Burnt project consists of approximately four zones, which include Great Burnt Zone (Copper), South Pond A Zone (copper, gold), South Pond B Zone (Gold) and End Zone Prospect (Copper). The firm has Drumlummon Tailings, Montana gold and silver property, which acquires over 400 acres of patented mining claims, covering an overall length of approximately five miles and adjacent to Americas Silver Corp's Drumlummon Mine near Marysville, Montana.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 31 May 1994
- Website
- spruceridgeresources.com ↗
Leadership
Pay as last reported
- Mr. Stephen BalchPresident, Interim Chief Executive Officer, Director, since 2022
- Mrs. Ashley NadonChief Financial Officer
- Dr. Colin BowdidgeVice President - Exploration, DirectorC$36,000
- Mr. J. Birks BovairdIndependent Director
- Mr. Michael DehnIndependent Director
- Mr. H. Vance WhiteIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Spruce Ridge Resources Ltd. focuses on copper and gold exploration in Newfoundland and Ontario.
- The company holds multiple mineral projects including Great Burnt and Nora Lake properties.
- Drumlummon Tailings project covers over 400 acres in Montana with five-mile length.
Weaknesses
- The firm has no active mining operations, only exploration and development.
- Projects are concentrated in specific regions like Newfoundland and Montana.
- Limited financial resources for large-scale development without partnerships.
Opportunities
- Joint venture with Americas Silver Corp. enhances Montana gold and silver project potential.
- Viking and Kramer gold properties optioned to Anaconda Mining create revenue streams.
- Great Burnt Copper-Gold project has four distinct mineral zones for future development.
Threats
- Exploration projects face geological uncertainties in Newfoundland and Montana.
- Dependence on partner companies for project advancement in Montana.
- Market volatility affects mineral exploration funding and project viability.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.