Spruce Ridge Resources Ltd
Homeland Nickel Inc., together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada and the United States. It explores for copper, gold, and nickel deposits. The company was formerly known as Spruce Ridge Resources Ltd. and changed its name to Homeland Nickel Inc. in May 2024. Homeland Nickel Inc. was incorporated in 1989 and … Read more
Market Cap & Net Worth: Spruce Ridge Resources Ltd (SRCGF)
Spruce Ridge Resources Ltd (OTCQB:SRCGF) has a market capitalization of $10.42 Million ($10.42 Million) as of March 19, 2026. Listed on the OTCQB stock exchange, this USA-based company holds position #28411 globally and #9473 in its home market, demonstrating a -6.68% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Spruce Ridge Resources Ltd's stock price $0.05 by its total outstanding shares 226096802 (226.10 Million).
Spruce Ridge Resources Ltd Market Cap History: 2016 to 2025
Spruce Ridge Resources Ltd's market capitalization history from 2016 to 2025. Data shows growth from $4.97 Million to $10.42 Million (8.69% CAGR).
Spruce Ridge Resources Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Spruce Ridge Resources Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
239.04x
Spruce Ridge Resources Ltd's market cap is 239.04 times its annual revenue
3.43x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $24.19 Million | $131.39K | $21.67 Million | 184.13x | 1.12x |
| 2022 | $2.37 Million | $131.39K | -$10.66 Million | 18.07x | N/A |
| 2023 | $14.49 Million | $60.63K | -$5.81 Million | 239.04x | N/A |
Competitor Companies of SRCGF by Market Capitalization
Companies near Spruce Ridge Resources Ltd in the global market cap rankings as of March 19, 2026.
Key companies related to Spruce Ridge Resources Ltd by market ranking:
- BHP Group Limited (NYSE:BHP): Ranked #83 globally with a market cap of $188.50 Billion USD.
- RIO Tinto Ltd (AU:RIO): Ranked #136 globally with a market cap of $137.49 Billion USD ( AU$222.06 Billion AUD).
- Rio Tinto Group (PINK:RTNTF): Ranked #208 globally with a market cap of $97.13 Billion USD.
- Glencore PLC (PINK:GLCNF): Ranked #728 globally with a market cap of $27.97 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #83 | BHP Group Limited | NYSE:BHP | $188.50 Billion | $70.48 |
| #136 | RIO Tinto Ltd | AU:RIO | $137.49 Billion | AU$155.18 |
| #208 | Rio Tinto Group | PINK:RTNTF | $97.13 Billion | $67.88 |
| #728 | Glencore PLC | PINK:GLCNF | $27.97 Billion | $3.02 |
Spruce Ridge Resources Ltd Historical Marketcap From 2016 to 2025
Between 2016 and today, Spruce Ridge Resources Ltd's market cap moved from $4.97 Million to $ 10.42 Million, with a yearly change of 8.69%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | $10.42 Million | +31.71% |
| 2024 | $7.91 Million | -45.40% |
| 2023 | $14.49 Million | +510.48% |
| 2022 | $2.37 Million | -90.19% |
| 2021 | $24.19 Million | -6.96% |
| 2020 | $26.00 Million | +219.44% |
| 2019 | $8.14 Million | -2.70% |
| 2018 | $8.37 Million | +46.83% |
| 2017 | $5.70 Million | +14.55% |
| 2016 | $4.97 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Spruce Ridge Resources Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $10.42 Million USD |
| MoneyControl | $10.42 Million USD |
| MarketWatch | $10.42 Million USD |
| marketcap.company | $10.42 Million USD |
| Reuters | $10.42 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.