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Company price
0.05 CAD 0.00(0%)
Last update at 2026-11-03T14:30:00Z
Market Cap
7.22M

Momentum Score

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Silver Spruce Resources Inc., an exploration stage company, engages in the exploration of precious and base minerals in Canada. The company primarily explores for polymetallic zinc, lead, copper, silver, gold, and base and rare earth deposits. It holds 100% interests in the Pino de Plata property comprising four mining concessions, as well as a 50% interest in the Jackie project in Mexico; and a 100% interest in the Melchett Lake project in the Thunder Bay mining district, Northern Ontario, Canada. The company was formerly known as First Labrador Acquisitions Inc. and changed its name to Silver Spruce Resources Inc. in October 2004. Silver Spruce Resources Inc. was incorporated in 1996 and is based in Bedford, Canada.

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Day Price Range
0.05
Low
0.05
High
52 Week Price Range
0.10
Low
0.45
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Silver Spruce Resources Inc is a junior mineral exploration company listed on the TSX Venture Exchange with a portfolio of early-stage projects. Long-term growth drivers include successful exploration results, favorable commodity cycles and advancement toward development and financing, giving investors leveraged exposure to potential discoveries. Primary investment risks are high exploration and development uncertainty, need for further financing and dilution, limited trading liquidity and sensitivity to commodity price swings and permitting or regulatory delays.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.05
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
0.01
ROE
-707.40%
Net Debt
0.08M
ROCE
66.65%
Diluted EPS TTM
-0.05

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Income before tax -0.38M -0.96M -1.05M -1.54M -2.39M
Net income -0.38M -0.96M -1.05M -1.54M -2.39M
Selling general administrative 0.39M 0.44M 0.43M 0.48M 0.74M
Gross profit 0.00M -0.00M -0.02M -0.02M -0.02M
Reconciled depreciation 0.00M 0.00M 0.02M 0.02M 0.02M
Ebit - - -1.03M -1.53M -2.31M
Ebitda - - -1.02M -1.51M -2.29M
Depreciation and amortization - - 0.02M 0.02M 0.02M
Operating income -0.40M -0.96M -1.03M -1.53M -2.31M
Other operating expenses - - 1.03M 1.53M 2.31M
Interest expense 0.01M 0.00M 0.00M 0.00M 0.00M
Net interest income -0.01M -0.00M -0.00M -0.00M -0.00M
Income tax expense - - 0.00M 0.00M 0.00M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 0.40M 0.96M 1.02M 1.51M 2.29M
Cost of revenue 0.00M 0.00M 0.02M 0.02M 0.02M
Total other income expense net 0.03M -0.00M -0.02M -0.01M -0.08M
Net income from continuing ops -0.38M -0.96M -1.05M -1.54M -2.39M
Net income applicable to common shares - - - -1.54M -2.39M
Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Total assets 0.04M 0.11M 0.41M 0.39M 1.47M
Other current assets - - 0.00M - -
Total liab 0.64M 0.35M 0.21M 0.35M 0.31M
Total stockholder equity -0.61M -0.24M 0.20M 0.03M 1.16M
Other current liab - 0.03M 0.21M 0.03M 0.03M
Common stock - - 34.18M 33.53M 33.27M
Capital stock 34.55M 34.53M 34.18M 33.53M 33.27M
Retained earnings -46.88M -46.50M -45.53M -44.48M -42.94M
Cash 0.01M 0.00M 0.38M 0.22M 1.18M
Total current liabilities 0.64M 0.35M 0.21M 0.35M 0.29M
Net debt 0.08M - -0.38M - -
Short term debt - - 0.00M - -
Short long term debt 0.10M - - - -
Short long term debt total - - 0.00M - -
Other stockholder equity - - - 10.98M 10.83M
Property plant equipment - - - 0.02M 0.04M
Total current assets 0.04M 0.11M 0.41M 0.36M 1.43M
Net tangible assets - - - 0.03M 1.16M
Net receivables - - 0.03M 0.12M 0.20M
Accounts payable - - - 0.26M 0.22M
Accumulated other comprehensive income - - 11.55M - -
Non current assets total 0.00M 0.00M 0.00M 0.02M 0.04M
Capital lease obligations - 0.00M 0.00M 0.02M 0.04M
Breakdown 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Type yearly yearly yearly yearly yearly
Date 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31
Change to liabilities - - - 0.06M 0.19M
Net borrowings 0.09M -0.00M - -0.02M -0.05M
Total cash from financing activities 0.08M 0.34M 1.17M 0.23M 1.92M
Change to operating activities - - - 0.11M -0.11M
Net income -0.38M -0.96M -1.05M -1.54M -2.39M
Change in cash 0.01M -0.38M 0.16M -0.96M -0.09M
Begin period cash flow 0.00M 0.38M 0.22M 1.18M 1.27M
End period cash flow 0.01M 0.00M 0.38M 0.22M 1.18M
Total cash from operating activities -0.08M -0.71M -1.01M -1.18M -2.02M
Issuance of capital stock 0.00M 0.36M 1.29M 0.26M 2.03M
Depreciation 0.00M 0.00M 0.02M 0.02M 0.02M
Change to account receivables - - 0.09M 0.08M -0.14M
Other cashflows from financing activities - - -0.10M -0.02M -0.06M
Change to netincome - - - 0.17M 0.27M
Capital expenditures 0.00M 0.00M 0.00M 0.00M 0.00M
Change in working capital 0.40M 0.06M -0.01M 0.17M 0.08M
Stock based compensation - 0.00M 0.00M 0.05M 0.14M
Other non cash items 0.03M 0.18M 0.03M 0.12M 0.13M
Free cash flow -0.08M -0.71M -1.01M -1.18M -2.02M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
SSE
Silver Spruce Resources Inc
-
-%
0.05 - - 2578.93 81.01 2537.21 -2.66
SGML
Sigma Lithium Resources Corp
0.10
1.28%
7.91 - 23.09 29.72 42.12 23.03 32.66
AFM
Alphamin Res
0.03
2.00%
1.27 8.44 9.43 2.78 3.33 2.13 3.85
SLI
Standard Lithium Ltd
0.11
5.76%
2.02 - - 79.52 2.40 83.96 5.29
FWZ
Fireweed Zinc Ltd
0.03
1.25%
2.43 - 1250.00 - 26.07 - -7.01

Profile*

Silver Spruce Resources Inc

Silver Spruce Resources Inc., an exploration stage company, engages in the exploration of precious and base minerals in Canada. The company primarily explores for polymetallic zinc, lead, copper, silver, gold, and base and rare earth deposits. It holds 100% interests in the Pino de Plata property comprising four mining concessions, as well as a 50% interest in the Jackie project in Mexico; and a 100% interest in the Melchett Lake project in the Thunder Bay mining district, Northern Ontario, Canada. The company was formerly known as First Labrador Acquisitions Inc. and changed its name to Silver Spruce Resources Inc. in October 2004. Silver Spruce Resources Inc. was incorporated in 1996 and is based in Bedford, Canada.

1550 Bedford Highway, Bedford, NS, Canada, B4A 1E

902 402 0388

Name Title Year Born
Mr. Michael Winslow Kinley C.A., CPA CEO & Director 1951
Ms. Camilla Cormier CA, CPA Chief Financial Officer NA
Mr. Gregory Davison M.Sc., P. Geo., P.Geo. VP of Exploration & Director NA
Mr. William A. MacPherson B.Sc, P. Eng. Consultant & Advisor 1933
Mr. Michael Winslow Kinley C.A., CPA CEO, CFO & Director 1951
Mr. James Gregory Davison M.Sc., P. Geo., P.Geo. VP of Exploration & Director NA
Mr. Paul K. Smith B.Sc., M.Sc., P. Geo., P.Geo. Vice President of Exploration 1953

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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