Spruce Ridge Resources Ltd.
SRCGF
Price:
$0.0446
Market Cap:
$13.38M
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.
Industry
Industrial Materials
IPO Date
2007-10-09
Stock Exchange
OTC
Ticker
SRCGF
PE Ratio
[-4.46]
ROE
[-40.95%]
Current Ratio
[9.60]
Dividend Yield
[0%]
Enterprise Value
[13.15M]
Dividend History
The ROE as of July 2025 (TTM) for Spruce Ridge Resources Ltd. (SRCGF) is -40.95%
According to Spruce Ridge Resources Ltd.’s latest financial reports and current stock price. The company's current ROE is -40.95%. This represents a change of 291.85% compared to the average of -10.45% of the last 4 quarters.
Spruce Ridge Resources Ltd. (SRCGF) Historical ROE (quarterly & annually)
How has SRCGF ROE performed in the past?
The mean historical ROE of Spruce Ridge Resources Ltd. over the last ten years is -11.74%. The current -40.95% ROE has changed 248.90% with respect to the historical average. Over the past ten years (40 quarters), SRCGF's ROE was at its highest in in the April 2020 quarter at 77.66%. The ROE was at its lowest in in the April 2022 quarter at -63.08%.
Average
-11.74%
Median
-18.40%
Minimum
-65.70%
Maximum
75.17%
Spruce Ridge Resources Ltd. (SRCGF) ROE by Quarter and Year
Discovering the peaks and valleys of Spruce Ridge Resources Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 301.13%
Maximum Annual ROE = 75.17%
Minimum Annual Increase = -271.19%
Minimum Annual ROE = -65.70%
| Year | ROE | Change |
|---|---|---|
| 2024 | 2.45% | -104.38% |
| 2023 | -55.86% | -14.99% |
| 2022 | -65.70% | -197.67% |
| 2021 | 67.27% | -10.51% |
| 2020 | 75.17% | -271.19% |
| 2019 | -43.91% | 77.98% |
| 2018 | -24.67% | 118.58% |
| 2017 | -11.29% | -76.82% |
| 2016 | -48.69% | 301.13% |
| 2015 | -12.14% | -87.09% |
Spruce Ridge Resources Ltd. (SRCGF) Average ROE
How has SRCGF ROE performed in the past?
The current ROE of Spruce Ridge Resources Ltd. (SRCGF) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
-39.70%
5-year avg
4.67%
10-year avg
-11.74%
Spruce Ridge Resources Ltd. (SRCGF) ROE vs. Peers
How is SRCGF’s ROE compared to its peers?
Spruce Ridge Resources Ltd.’s ROE is less than Rio Tinto Group (19.46%), less than Vale S.A. (16.21%), less than Teck Resources Limited (1.68%), greater than MP Materials Corp. (-9.81%), greater than Lithium Americas Corp. (-7.31%), less than BHP Group Limited (25.21%),
| Company | ROE | Market cap |
|---|---|---|
| 19.46% | $97.22B | |
| 16.21% | $42.26B | |
| 1.68% | $18.81B | |
| -9.81% | $7.93B | |
| -7.31% | $626.07M | |
| 25.21% | $65.87B |
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