Silver Spruce Profitability Analysis

For Silver Spruce profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Silver Spruce to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Silver Spruce Res utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Silver Spruce's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Silver Spruce Res over time as well as its relative position and ranking within its peers. Check out World Market Map.

Silver Current Profitability Trends 

The market value of Silver Spruce Res is measured differently than its book value, which is the value of Silver that is recorded on the company's balance sheet. Investors also form their own opinion of Silver Spruce's value that differs from its market value or its book value, called intrinsic value, which is Silver Spruce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Silver Spruce's market value can be influenced by many factors that don't directly affect Silver Spruce Res underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Silver Spruce's value and its price as these two are different measures arrived at by different means. Investors typically determine Silver Spruce value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silver Spruce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Silver Spruce Res Cash per Share vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Silver Spruce's current stock value. Our valuation model uses many indicators to compare Silver Spruce value to that of its competitors to determine the firm's financial worth.
Silver Spruce Res is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in cash per share category among related companies .

Silver Cash per Share vs. Return On Equity

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Silver Spruce 
Return on Equity 
Net Income 
Total Equity 
(653.88) %
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Silver Spruce 
Cash per Share 
Total Cash 
Average Shares 
0.01 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

Silver Spruce Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Silver Spruce, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Silver Spruce will eventually generate negative long term returns. The profitability progress is the general direction of Silver Spruce's change in net profit over the period of time. It can combine multiple indicators of Silver Spruce, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Silver Spruce Resources Inc., a junior exploration company, explores for precious and base minerals. Silver Spruce Resources Inc. was founded in 1996 and is headquartered in Bedford, Canada. Silver Spruce operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Silver Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Silver Spruce. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Silver Spruce position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Silver Spruce's important profitability drivers and their relationship over time.

Use Silver Spruce in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Silver Spruce position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Silver Spruce will appreciate offsetting losses from the drop in the long position's value.

Silver Spruce Pair Trading

Silver Spruce Res Pair Trading Analysis

Correlation analysis and pair trading evaluation for Emerson Electric and Barnes Group. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Use Investing Themes to Complement your Silver Spruce position

In addition to having Silver Spruce in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Furniture Thematic Idea Now

Furniture Theme
Companies producing and selling home and office furniture. Furniture theme has 19 constituents.
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Additionally, take a look at World Market Map. Note that the Silver Spruce Res information on this page should be used as a complementary analysis to other Silver Spruce's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Silver OTC Stock analysis

When running Silver Spruce Res price analysis, check to measure Silver Spruce's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Silver Spruce is operating at the current time. Most of Silver Spruce's value examination focuses on studying past and present price action to predict the probability of Silver Spruce's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Silver Spruce's price. Additionally, you may evaluate how the addition of Silver Spruce to your portfolios can decrease your overall portfolio volatility.
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To fully project Silver Spruce's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Silver Spruce Res at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Silver Spruce's income statement, its balance sheet, and the statement of cash flows.
Potential Silver Spruce investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Silver Spruce investors may work on each financial statement separately, they are all related. The changes in Silver Spruce's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Silver Spruce's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.