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Silver Spruce Resources Inc
Buy, Hold or Sell?

Let's analyse Silver Spruce Resources Inc together

PenkeI guess you are interested in Silver Spruce Resources Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Silver Spruce Resources Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Silver Spruce Resources Inc (30 sec.)










What can you expect buying and holding a share of Silver Spruce Resources Inc? (30 sec.)

How much money do you get?

How much money do you get?
C$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
C$0.00
Expected worth in 1 year
C$0.00
How sure are you?
34.5%

+ What do you gain per year?

Total Gains per Share
C$0.00
Return On Investment
2.9%

For what price can you sell your share?

Current Price per Share
C$0.02
Expected price per share
C$0.01 - C$0.02
How sure are you?
50%

1. Valuation of Silver Spruce Resources Inc (5 min.)




Live pricePrice per Share (EOD)

C$0.02

Intrinsic Value Per Share

C$0.02 - C$0.03

Total Value Per Share

C$0.02 - C$0.03

2. Growth of Silver Spruce Resources Inc (5 min.)




Is Silver Spruce Resources Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$145.2k$252.1k-$68.7k-37.5%

How much money is Silver Spruce Resources Inc making?

Current yearPrevious yearGrowGrow %
Making money-$193.8k-$284.2k$90.3k46.6%
Net Profit Margin0.0%0.0%--

How much money comes from the company's main activities?

3. Financial Health of Silver Spruce Resources Inc (5 min.)




4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#803 / 897

Most Revenue
#651 / 897

Most Profit
#286 / 897

Most Efficient
#347 / 897

What can you expect buying and holding a share of Silver Spruce Resources Inc? (5 min.)

Welcome investor! Silver Spruce Resources Inc's management wants to use your money to grow the business. In return you get a share of Silver Spruce Resources Inc.

What can you expect buying and holding a share of Silver Spruce Resources Inc?

First you should know what it really means to hold a share of Silver Spruce Resources Inc. And how you can make/lose money.

Speculation

The Price per Share of Silver Spruce Resources Inc is C$0.02. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Silver Spruce Resources Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Silver Spruce Resources Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is C$0.00. Based on the TTM, the Book Value Change Per Share is C$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is C$0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is C$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Silver Spruce Resources Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps0.00-3.0%0.00-3.4%0.00-5.0%0.00-4.3%0.00-3.3%
Usd Book Value Change Per Share0.00-3.0%0.000.5%0.00-3.7%0.000.2%0.000.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-3.0%0.000.5%0.00-3.7%0.000.2%0.000.1%
Usd Price Per Share0.01-0.02-0.02-0.03-0.03-
Price to Earnings Ratio-6.23--6.97--6.02--3.23--7.28-
Price-to-Total Gains Ratio-24.92--29.66--39.02--21.80--24.27-
Price to Book Ratio28.84-0.29-73.81-14.22-8.40-
Price-to-Total Gains Ratio-24.92--29.66--39.02--21.80--24.27-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.014726
Number of shares67907
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (67907 shares)7.323.15
Gains per Year (67907 shares)29.3012.62
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1029190133
20594802516
30887703829
4011710605042
5014613506355
6017616407668
7020519308881
80234222010194
902642510114107
1002932800126120

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%0.012.00.00.0%1.019.00.05.0%2.027.00.06.9%2.027.00.06.9%
Book Value Change Per Share1.03.00.025.0%3.09.00.025.0%7.013.00.035.0%10.019.00.034.5%10.019.00.034.5%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.029.00.0%0.00.029.00.0%
Total Gains per Share1.03.00.025.0%3.09.00.025.0%7.013.00.035.0%10.019.00.034.5%10.019.00.034.5%

Fundamentals of Silver Spruce Resources Inc

About Silver Spruce Resources Inc

Silver Spruce Resources Inc., a exploration stage company, explores for precious and base minerals. The company primarily explores for zinc, silver, gold, and rare earth elements. It holds option agreements to acquire 100% interest in the Melchett Lake Zn-Ag- Cu-Au Volcanogenic Massive Sulphide project in northern Ontario; the Mystery, Marilyn, and Till Properties in Newfoundland and Labrador; and the Pino de Plata project, the Jackie project, and the Diamante project in Mexico. 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 headquartered in Bedford, Canada.

Fundamental data was last updated by Penke on 2024-03-13 04:07:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Silver Spruce Resources Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Silver Spruce Resources Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Silver Spruce Resources Inc to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Silver Spruce Resources Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--36.1%+36.1%
TTM--40.5%+40.5%
YOY--50.7%+50.7%
5Y--330.2%+330.2%
10Y--750.2%+750.2%
1.1.2. Return on Assets

Shows how efficient Silver Spruce Resources Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Silver Spruce Resources Inc to the Other Industrial Metals & Mining industry mean.
  • -55.6% Return on Assets means that Silver Spruce Resources Inc generated $-0.56 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Silver Spruce Resources Inc:

  • The MRQ is -55.6%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -59.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-55.6%TTM-59.5%+3.9%
TTM-59.5%YOY-62.3%+2.8%
TTM-59.5%5Y-58.8%-0.7%
5Y-58.8%10Y-41.1%-17.7%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-55.6%-6.0%-49.6%
TTM-59.5%-6.8%-52.7%
YOY-62.3%-5.9%-56.4%
5Y-58.8%-9.2%-49.6%
10Y-41.1%-12.0%-29.1%
1.1.3. Return on Equity

Shows how efficient Silver Spruce Resources Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Silver Spruce Resources Inc to the Other Industrial Metals & Mining industry mean.
  • -115.7% Return on Equity means Silver Spruce Resources Inc generated $-1.16 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Silver Spruce Resources Inc:

  • The MRQ is -115.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -61.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-115.7%TTM-61.0%-54.8%
TTM-61.0%YOY-340.7%+279.7%
TTM-61.0%5Y-130.2%+69.2%
5Y-130.2%10Y-108.2%-22.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-115.7%-6.9%-108.8%
TTM-61.0%-7.5%-53.5%
YOY-340.7%-6.2%-334.5%
5Y-130.2%-9.9%-120.3%
10Y-108.2%-12.8%-95.4%

1.2. Operating Efficiency of Silver Spruce Resources Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Silver Spruce Resources Inc is operating .

  • Measures how much profit Silver Spruce Resources Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Silver Spruce Resources Inc to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Silver Spruce Resources Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--285.5%+285.5%
TTM--46.7%+46.7%
YOY--76.4%+76.4%
5Y--361.7%+361.7%
10Y--693.1%+693.1%
1.2.2. Operating Ratio

Measures how efficient Silver Spruce Resources Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Silver Spruce Resources Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.949-1.949
TTM-1.923-1.923
YOY-2.082-2.082
5Y-4.850-4.850
10Y-8.674-8.674

1.3. Liquidity of Silver Spruce Resources Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Silver Spruce Resources Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 1.92 means the company has $1.92 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Silver Spruce Resources Inc:

  • The MRQ is 1.917. The company is able to pay all its short-term debts. +1
  • The TTM is 1.993. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.917TTM1.993-0.076
TTM1.993YOY2.820-0.827
TTM1.9935Y3.468-1.475
5Y3.46810Y2.448+1.020
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9172.373-0.456
TTM1.9932.608-0.615
YOY2.8203.429-0.609
5Y3.4684.122-0.654
10Y2.4484.619-2.171
1.3.2. Quick Ratio

Measures if Silver Spruce Resources Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Silver Spruce Resources Inc to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 0.00 means the company can pay off $0.00 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Silver Spruce Resources Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.143-0.143
TTM0.143YOY0.548-0.406
TTM0.1435Y0.400-0.257
5Y0.40010Y0.281+0.118
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.893-0.893
TTM0.1430.856-0.713
YOY0.5481.119-0.571
5Y0.4001.324-0.924
10Y0.2811.428-1.147

1.4. Solvency of Silver Spruce Resources Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Silver Spruce Resources Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Silver Spruce Resources Inc to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.52 means that Silver Spruce Resources Inc assets are financed with 52.0% credit (debt) and the remaining percentage (100% - 52.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Silver Spruce Resources Inc:

  • The MRQ is 0.520. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.738. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.520TTM0.738-0.218
TTM0.738YOY0.546+0.192
TTM0.7385Y0.880-0.142
5Y0.88010Y1.138-0.258
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5200.192+0.328
TTM0.7380.190+0.548
YOY0.5460.151+0.395
5Y0.8800.212+0.668
10Y1.1380.238+0.900
1.4.2. Debt to Equity Ratio

Measures if Silver Spruce Resources Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Silver Spruce Resources Inc to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 108.2% means that company has $1.08 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Silver Spruce Resources Inc:

  • The MRQ is 1.082. The company is able to pay all its debts with equity. +1
  • The TTM is 0.556. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ1.082TTM0.556+0.526
TTM0.556YOY4.044-3.488
TTM0.5565Y2.131-1.575
5Y2.13110Y2.680-0.549
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0820.194+0.888
TTM0.5560.207+0.349
YOY4.0440.155+3.889
5Y2.1310.227+1.904
10Y2.6800.249+2.431

2. Market Valuation of Silver Spruce Resources Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Silver Spruce Resources Inc generates.

  • Above 15 is considered overpriced but always compare Silver Spruce Resources Inc to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -6.23 means the investor is paying $-6.23 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Silver Spruce Resources Inc:

  • The EOD is -6.230. Based on the earnings, the company is expensive. -2
  • The MRQ is -6.230. Based on the earnings, the company is expensive. -2
  • The TTM is -6.975. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.230MRQ-6.2300.000
MRQ-6.230TTM-6.975+0.745
TTM-6.975YOY-6.015-0.960
TTM-6.9755Y-3.230-3.745
5Y-3.23010Y-7.276+4.046
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-6.230-3.757-2.473
MRQ-6.230-5.001-1.229
TTM-6.975-5.557-1.418
YOY-6.015-8.469+2.454
5Y-3.230-10.469+7.239
10Y-7.276-11.327+4.051
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Silver Spruce Resources Inc:

  • The EOD is -6.545. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -6.545. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -8.389. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.545MRQ-6.5450.000
MRQ-6.545TTM-8.389+1.844
TTM-8.389YOY-7.330-1.059
TTM-8.3895Y-10.585+2.196
5Y-10.58510Y-7.300-3.285
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-6.545-3.890-2.655
MRQ-6.545-5.447-1.098
TTM-8.389-6.302-2.087
YOY-7.330-8.457+1.127
5Y-10.585-12.796+2.211
10Y-7.300-13.886+6.586
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Silver Spruce Resources Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 28.84 means the investor is paying $28.84 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Silver Spruce Resources Inc:

  • The EOD is 28.841. Based on the equity, the company is expensive. -2
  • The MRQ is 28.841. Based on the equity, the company is expensive. -2
  • The TTM is 0.287. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD28.841MRQ28.8410.000
MRQ28.841TTM0.287+28.555
TTM0.287YOY73.814-73.528
TTM0.2875Y14.223-13.937
5Y14.22310Y8.402+5.821
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD28.8411.164+27.677
MRQ28.8411.506+27.335
TTM0.2871.591-1.304
YOY73.8142.243+71.571
5Y14.2232.497+11.726
10Y8.4022.940+5.462
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Silver Spruce Resources Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.0010.000-648%-0.001+24%0.000-1372%0.000-3456%
Book Value Per Share--0.0010.001-21%0.001-42%0.001-47%0.001-22%
Current Ratio--1.9171.993-4%2.820-32%3.468-45%2.448-22%
Debt To Asset Ratio--0.5200.738-30%0.546-5%0.880-41%1.138-54%
Debt To Equity Ratio--1.0820.556+95%4.044-73%2.131-49%2.680-60%
Dividend Per Share----0%-0%-0%-0%
Eps---0.001-0.001+15%-0.001+69%-0.001+47%-0.001+13%
Free Cash Flow Per Share---0.001-0.001+16%-0.001+36%-0.001+49%-0.001+49%
Free Cash Flow To Equity Per Share---0.0010.000-672%-0.001+7%0.000-1517%0.000-1517%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.025--------
Intrinsic Value_10Y_min--0.019--------
Intrinsic Value_1Y_max---0.004--------
Intrinsic Value_1Y_min---0.004--------
Intrinsic Value_3Y_max---0.007--------
Intrinsic Value_3Y_min---0.007--------
Intrinsic Value_5Y_max---0.004--------
Intrinsic Value_5Y_min---0.004--------
Market Cap5689200.0000%5689200.0007111500.000-20%8533800.000-33%11662860.000-51%13438282.759-58%
Net Profit Margin----0%-0%-0%-0%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%-0%-0%
Pb Ratio28.8410%28.8410.287+9966%73.814-61%14.223+103%8.402+243%
Pe Ratio-6.2300%-6.230-6.975+12%-6.015-3%-3.230-48%-7.276+17%
Price Per Share0.0200%0.0200.025-20%0.030-33%0.041-51%0.047-58%
Price To Free Cash Flow Ratio-6.5450%-6.545-8.389+28%-7.330+12%-10.585+62%-7.300+12%
Price To Total Gains Ratio-24.9200%-24.920-29.656+19%-39.019+57%-21.802-13%-24.268-3%
Quick Ratio---0.143-100%0.548-100%0.400-100%0.281-100%
Return On Assets---0.556-0.595+7%-0.623+12%-0.588+6%-0.411-26%
Return On Equity---1.157-0.610-47%-3.407+194%-1.302+13%-1.082-7%
Total Gains Per Share---0.0010.000-648%-0.001+24%0.000-1372%0.000-3456%
Usd Book Value--145241.802183419.509-21%252163.054-42%271736.264-47%185981.205-22%
Usd Book Value Change Per Share---0.0010.000-648%-0.001+24%0.000-1372%0.000-3456%
Usd Book Value Per Share--0.0010.001-21%0.001-42%0.001-47%0.001-22%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.001-0.001+15%-0.001+69%-0.001+47%-0.001+13%
Usd Free Cash Flow---160000.935-185890.532+16%-217955.108+36%-190828.969+19%-131606.186-18%
Usd Free Cash Flow Per Share---0.001-0.001+16%-0.001+36%-0.001+49%-0.001+49%
Usd Free Cash Flow To Equity Per Share---0.0010.000-672%-0.001+7%0.000-1517%0.000-1517%
Usd Market Cap4188957.9600%4188957.9605236197.450-20%6283436.940-33%8587363.818-51%9894607.595-58%
Usd Price Per Share0.0150%0.0150.018-20%0.022-33%0.030-51%0.035-58%
Usd Profit---168092.872-193829.318+15%-284216.954+69%-246343.007+47%-189329.364+13%
Usd Revenue----0%-0%-0%-0%
Usd Total Gains Per Share---0.0010.000-648%-0.001+24%0.000-1372%0.000-3456%
 EOD+0 -0MRQTTM+10 -19YOY+20 -95Y+12 -1710Y+8 -21

3.2. Fundamental Score

Let's check the fundamental score of Silver Spruce Resources Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-6.230
Price to Book Ratio (EOD)Between0-128.841
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than11.917
Debt to Asset Ratio (MRQ)Less than10.520
Debt to Equity Ratio (MRQ)Less than11.082
Return on Equity (MRQ)Greater than0.15-1.157
Return on Assets (MRQ)Greater than0.05-0.556
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of Silver Spruce Resources Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.744
Ma 20Greater thanMa 500.016
Ma 50Greater thanMa 1000.017
Ma 100Greater thanMa 2000.017
OpenGreater thanClose0.020
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-10-31. Currency in CAD. All numbers in thousands.

Summary
Total Assets411
Total Liabilities213
Total Stockholder Equity197
 As reported
Total Liabilities 213
Total Stockholder Equity+ 197
Total Assets = 411

Assets

Total Assets411
Total Current Assets409
Long-term Assets2
Total Current Assets
Cash And Cash Equivalents 378
Total Current Assets  (as reported)409
Total Current Assets  (calculated)378
+/- 32
Long-term Assets
Property Plant Equipment 2
Long-term Assets  (as reported)2
Long-term Assets  (calculated)2
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities213
Long-term Liabilities0
Total Stockholder Equity197
Total Current Liabilities
Other Current Liabilities 35
Total Current Liabilities  (as reported)213
Total Current Liabilities  (calculated)35
+/- 179
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Total Stockholder Equity (as reported)197
Total Stockholder Equity (calculated)0
+/- 197
Other
Capital Stock34,180
Common Stock Shares Outstanding 284,460
Net Invested Capital 197
Net Working Capital 196
Property Plant and Equipment Gross 2



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-10-312023-07-312023-04-302023-01-312022-10-312022-07-312022-04-302022-01-312021-10-312021-07-312021-04-302021-01-312020-10-312020-07-312020-04-302020-01-312019-10-312019-07-312019-04-302019-01-312018-10-312018-07-312018-04-302018-01-312017-10-312017-07-312017-04-302017-01-312016-10-31
> Total Assets 
167
109
113
1,466
1,239
1,154
1,261
1,178
1,042
424
509
262
271
487
205
148
1,422
1,920
1,531
1,246
1,473
970
636
555
385
210
865
633
411
4116338652103855556369701,4731,2461,5311,9201,4221482054872712625094241,0421,1781,2611,1541,2391,466113109167
   > Total Current Assets 
163
106
110
180
150
67
174
90
50
424
509
262
271
487
205
148
1,422
1,865
1,481
1,201
1,432
935
605
529
364
194
853
626
409
4096268531943645296059351,4321,2011,4811,8651,422148205487271262509424509017467150180110106163
       Cash And Cash Equivalents 
141
11
0
18
39
2
51
16
8
44
20
177
156
284
69
26
1,273
1,695
1,250
1,029
1,178
771
471
356
222
86
779
600
378
378600779862223564717711,1781,0291,2501,6951,273266928415617720448165123918011141
       Net Receivables 
6
18
17
21
9
2
19
11
8
362
381
7
31
56
23
16
62
90
193
141
202
131
114
152
121
86
73
24
0
0247386121152114131202141193906216235631738136281119292117186
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
55
50
45
40
35
31
26
21
16
11
6
2
261116212631354045505500000000000000000
       Property Plant Equipment 
4
3
2
1,286
1,088
1,087
1,087
1,087
991
0
0
0
0
0
0
0
0
55
50
45
40
35
31
26
21
16
11
6
2
2611162126313540455055000000009911,0871,0871,0871,0881,286234
> Total Liabilities 
377
509
341
880
971
1,044
1,336
1,123
1,203
670
488
433
670
752
238
324
112
243
173
468
312
243
135
443
355
358
342
207
213
2132073423583554431352433124681732431123242387526704334886701,2031,1231,3361,044971880341509377
   > Total Current Liabilities 
377
509
341
880
971
1,044
1,336
1,123
1,203
670
488
433
670
752
238
324
84
179
141
441
290
226
123
436
353
358
342
207
213
213207342358353436123226290441141179843242387526704334886701,2031,1231,3361,044971880341509377
       Short-term Debt 
86
81
88
561
592
644
705
716
0
142
121
120
87
87
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000087871201211420716705644592561888186
       Short Long Term Debt 
86
81
88
561
592
644
705
716
0
142
121
120
87
87
4
34
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000034487871201211420716705644592561888186
       Accounts payable 
120
110
98
148
128
119
176
135
169
382
134
83
224
303
180
227
46
96
75
368
223
162
52
363
263
219
221
121
0
0121221219263363521622233687596462271803032248313438216913517611912814898110120
       Other Current Liabilities 
67
214
34
33
32
31
207
31
33
33
33
33
33
33
33
33
33
32
31
31
31
32
32
32
34
33
34
33
35
353334333432323231313132333333333333333333312073132333421467
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28
64
32
27
22
17
12
7
2
0
0
0
0
000027121722273264280000000000000000
> Total Stockholder Equity
-210
-400
-229
586
268
110
-75
55
-162
-246
21
-171
-398
-266
-33
-176
1,310
1,677
1,359
778
1,161
727
501
112
31
-149
522
426
197
197426522-149311125017271,1617781,3591,6771,310-176-33-266-398-17121-246-16255-75110268586-229-400-210
   Common Stock
28,572
28,590
28,882
29,815
29,717
29,717
29,717
29,843
29,843
29,843
30,082
30,082
30,228
30,455
30,665
30,665
31,782
32,365
32,498
32,612
33,271
33,371
33,371
33,434
33,532
0
34,092
34,180
0
034,18034,092033,53233,43433,37133,37133,27132,61232,49832,36531,78230,66530,66530,45530,22830,08230,08229,84329,84329,84329,71729,71729,71729,81528,88228,59028,572
   Retained Earnings -45,534-45,306-45,059-44,693-44,481-44,242-43,733-43,489-42,937-42,167-41,498-40,987-40,550-40,197-39,952-39,974-39,768-39,280-39,087-38,927-38,843-38,626-38,488-38,303-38,143-37,864-37,679-37,380-37,151
   Capital Surplus 00000000000000000000000000000
   Treasury Stock00000000000000000000000000000
   Other Stockholders Equity 
8,369
8,390
8,568
8,634
8,694
8,696
8,696
8,838
8,838
8,838
9,027
9,027
9,141
9,254
9,254
9,356
10,078
10,299
10,358
10,333
10,827
10,846
10,863
10,919
10,980
0
11,489
11,551
0
011,55111,489010,98010,91910,86310,84610,82710,33310,35810,29910,0789,3569,2549,2549,1419,0279,0278,8388,8388,8388,6968,6968,6948,6348,5688,3908,369



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-10-31)

Gross Profit (+$)
totalRevenue0
Cost of Revenue-19
Gross Profit-19-19
 
Operating Income (+$)
Gross Profit-19
Operating Expense-1,001
Operating Income-1,001-1,020
 
Operating Expense (+$)
Research Development-
Selling General Administrative435
Selling And Marketing Expenses-
Operating Expense1,001435
 
Net Interest Income (+$)
Interest Income-
Interest Expense-1
Other Finance Cost-0
Net Interest Income-1
 
Pretax Income (+$)
Operating Income-1,001
Net Interest Income-1
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-1,053-950
EBIT - interestExpense = -1
-1,053
-1,052
Interest Expense1
Earnings Before Interest and Taxes (EBIT)--1,052
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-1,053
Tax Provision--
Net Income From Continuing Ops-1,053-1,053
Net Income-1,053
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-511
 

Technical Analysis of Silver Spruce Resources Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Silver Spruce Resources Inc. The general trend of Silver Spruce Resources Inc is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Silver Spruce Resources Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Silver Spruce Resources Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 0.02 < 0.02 < 0.02.

The bearish price targets are: 0.01 > 0.01 > 0.01.

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Silver Spruce Resources Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Silver Spruce Resources Inc. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Silver Spruce Resources Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Silver Spruce Resources Inc. The current macd is 0.00107916.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Silver Spruce Resources Inc price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Silver Spruce Resources Inc. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Silver Spruce Resources Inc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Silver Spruce Resources Inc Daily Moving Average Convergence/Divergence (MACD) ChartSilver Spruce Resources Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Silver Spruce Resources Inc. The current adx is 18.43.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Silver Spruce Resources Inc shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Silver Spruce Resources Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Silver Spruce Resources Inc. The current sar is 0.01166252.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Silver Spruce Resources Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Silver Spruce Resources Inc. The current rsi is 53.74. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
Silver Spruce Resources Inc Daily Relative Strength Index (RSI) ChartSilver Spruce Resources Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Silver Spruce Resources Inc. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 5/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Silver Spruce Resources Inc price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Silver Spruce Resources Inc Daily Stochastic Oscillator ChartSilver Spruce Resources Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Silver Spruce Resources Inc. The current cci is 55.56.

Silver Spruce Resources Inc Daily Commodity Channel Index (CCI) ChartSilver Spruce Resources Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Silver Spruce Resources Inc. The current cmo is 10.13.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Silver Spruce Resources Inc Daily Chande Momentum Oscillator (CMO) ChartSilver Spruce Resources Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Silver Spruce Resources Inc. The current willr is 0.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Silver Spruce Resources Inc Daily Williams %R ChartSilver Spruce Resources Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Silver Spruce Resources Inc.

Silver Spruce Resources Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Silver Spruce Resources Inc. The current atr is 0.00326892.

Silver Spruce Resources Inc Daily Average True Range (ATR) ChartSilver Spruce Resources Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Silver Spruce Resources Inc. The current obv is 2,437,559.

Silver Spruce Resources Inc Daily On-Balance Volume (OBV) ChartSilver Spruce Resources Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Silver Spruce Resources Inc. The current mfi is 95.65.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Silver Spruce Resources Inc Daily Money Flow Index (MFI) ChartSilver Spruce Resources Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Silver Spruce Resources Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-17MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-23MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-22MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-26MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Silver Spruce Resources Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Silver Spruce Resources Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.744
Ma 20Greater thanMa 500.016
Ma 50Greater thanMa 1000.017
Ma 100Greater thanMa 2000.017
OpenGreater thanClose0.020
Total2/5 (40.0%)
Penke

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