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Silver Spruce Resources (TSXV:SSE) Market Cap : C$1.61 Mil (As of Dec. 13, 2024)


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What is Silver Spruce Resources Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Silver Spruce Resources's share price for the quarter that ended in Jul. 2024 was C$0.01. Silver Spruce Resources's Shares Outstanding (EOP) for the quarter that ended in Jul. 2024 was 322.55 Mil. Therefore, Silver Spruce Resources's market cap for the quarter that ended in Jul. 2024 was C$3.23 Mil.

Silver Spruce Resources's quarterly market cap increased from Jan. 2024 (C$2.84 Mil) to Apr. 2024 (C$5.97 Mil) but then declined from Apr. 2024 (C$5.97 Mil) to Jul. 2024 (C$3.23 Mil).

Silver Spruce Resources's annual market cap declined from Oct. 2021 (C$7.48 Mil) to Oct. 2022 (C$4.02 Mil) but then increased from Oct. 2022 (C$4.02 Mil) to Oct. 2023 (C$4.27 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Silver Spruce Resources's Enterprise Value for Today is C$1.24 Mil.


Silver Spruce Resources Market Cap Historical Data

The historical data trend for Silver Spruce Resources's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Silver Spruce Resources Market Cap Chart

Silver Spruce Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.56 7.95 7.48 4.02 4.27

Silver Spruce Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.27 4.27 2.84 5.97 3.23

Competitive Comparison of Silver Spruce Resources's Market Cap

For the Other Industrial Metals & Mining subindustry, Silver Spruce Resources's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Silver Spruce Resources's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Silver Spruce Resources's Market Cap distribution charts can be found below:

* The bar in red indicates where Silver Spruce Resources's Market Cap falls into.



Silver Spruce Resources Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Silver Spruce Resources's Market Cap for the fiscal year that ended in Oct. 2023 is calculated as

Market Cap (A: Oct. 2023 )=Share Price (A: Oct. 2023 )*Shares Outstanding (EOP) (A: Oct. 2023 )
=C$0.015*284.46
=C$4.27

Silver Spruce Resources's Market Cap for the quarter that ended in Jul. 2024 is calculated as

Market Cap (Q: Jul. 2024 )=Share Price (Q: Jul. 2024 )*Shares Outstanding (EOP) (Q: Jul. 2024 )
=C$0.01*322.548
=C$3.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Silver Spruce Resources  (TSXV:SSE) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Silver Spruce Resources Market Cap Related Terms

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Silver Spruce Resources Business Description

Traded in Other Exchanges
Address
115 Wimbledon Road, Nova Scotia, Bedford, NS, CAN, B4A 3X8
Silver Spruce Resources Inc is a Canada-based company focused on exploration for precious and base minerals. The flagship project Pino de Plata located in Chihuahua state Mexico is a high-grade silver project with noteworthy gold, lead, and zinc credits. Its other projects include El Mezquite, Melchett Lake, Jackie, Diamante and Diamante.
Executives
Kevin R. O'connor 10% Security Holder, Director
James Gregory Davison Director
Michael Winslow Kinley Senior Officer
Arthur Brown Director
Brian Kenneth Penney Senior Officer

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