Spruce Ridge Resources Ltd. (V:SHL) — Market Cap & Net Worth
Market Cap & Net Worth: Spruce Ridge Resources Ltd. (SHL)
Spruce Ridge Resources Ltd. (V:SHL) has a market capitalization of $61.33 Million (CA$84.79 Million) as of August 4, 2026. Listed on the V stock exchange, this Canada-based company holds position #21033 globally and #726 in its home market, demonstrating a -2.60% 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 CA$0.38 by its total outstanding shares 226096802 (226.10 Million). See SHL capex reinvestment rate to understand how much of operating cash flow is reinvested back into capital assets.
Spruce Ridge Resources Ltd. Market Cap History: 2015 to 2026
Spruce Ridge Resources Ltd.'s market capitalization history from 2015 to 2026. Data shows growth from $2.09 Million to $61.33 Million (20.27% 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
242.79x
Spruce Ridge Resources Ltd.'s market cap is 242.79 times its annual revenue
Latest 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 |
|---|---|---|---|---|---|
| 2022 | $9.81 Million | $131.39K | -$10.66 Million | 74.69x | N/A |
| 2023 | $14.72 Million | $60.63K | -$5.81 Million | 242.79x | N/A |
Competitor Companies of SHL by Market Capitalization
Companies near Spruce Ridge Resources Ltd. in the global market cap rankings as of August 4, 2026.
Key companies related to Spruce Ridge Resources Ltd. by market ranking:
- BHP Group Ltd (AU:BHP): Ranked #85 globally with a market cap of $216.81 Billion USD ( AU$306.42 Billion AUD).
- BHP Group (MX:BHPN): Ranked #95 globally with a market cap of $208.33 Billion USD ( MX$3.62 Trillion MXN).
- Rio Tinto Group (F:RIOA): Ranked #188 globally with a market cap of $124.96 Billion USD ( €106.88 Billion EUR).
- Rio Tinto Group (MX:RION): Ranked #211 globally with a market cap of $113.64 Billion USD ( MX$1.97 Trillion MXN).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #85 | BHP Group Ltd | AU:BHP | $216.81 Billion | AU$60.31 |
| #95 | BHP Group | MX:BHPN | $208.33 Billion | MX$1425.00 |
| #188 | Rio Tinto Group | F:RIOA | $124.96 Billion | €85.20 |
| #211 | Rio Tinto Group | MX:RION | $113.64 Billion | MX$1574.00 |
Spruce Ridge Resources Ltd. Historical Marketcap From 2015 to 2026
Between 2015 and today, Spruce Ridge Resources Ltd.'s market cap moved from $2.09 Million to $ 61.33 Million, with a yearly change of 20.27%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$61.33 Million | +316.67% |
| 2025 | CA$14.72 Million | +350.00% |
| 2024 | CA$3.27 Million | -77.78% |
| 2023 | CA$14.72 Million | +50.00% |
| 2022 | CA$9.81 Million | -50.00% |
| 2021 | CA$19.63 Million | -11.11% |
| 2020 | CA$22.08 Million | +187.85% |
| 2019 | CA$7.67 Million | +10.09% |
| 2018 | CA$6.97 Million | +66.41% |
| 2017 | CA$4.19 Million | +49.71% |
| 2016 | CA$2.80 Million | +33.59% |
| 2015 | CA$2.09 Million | -- |
End of Day Market Cap According to Different Sources
On Aug 3rd, 2026 the market cap of Spruce Ridge Resources Ltd. was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $61.33 Million USD |
| MoneyControl | $61.33 Million USD |
| MarketWatch | $61.33 Million USD |
| marketcap.company | $61.33 Million USD |
| Reuters | $61.33 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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