GSPRF (Golden Spike Resources) ROCE %: -6.27% (As of Feb. 2026)


What is Golden Spike Resources ROCE %?

Golden Spike Resources GSPRF -55.97% ROCE % is -6.27% as of Feb. 2026. The stock has 1 warning sign investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Golden Spike Resources's annualized ROCE % for the quarter that ended in Feb. 2026 was -6.27%.

Golden Spike Resources  (OTCPK:GSPRF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Golden Spike Resources ROCE % Related Terms

Golden Spike Resources ROCE % Historical Data

* Premium members only.

The historical data trend for Golden Spike Resources's ROCE % 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.

Golden Spike Resources ROCE % Chart

Golden Spike Resources Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROCE %
Get a 7-Day Free Trial -120.70 -20.58 -23.80 -18.07 -12.00

Golden Spike Resources Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
ROCE % 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 -10.44 -5.57 -6.12 -10.74 -6.27

Golden Spike Resources ROCE % Calculation

Golden Spike Resources's annualized ROCE % for the fiscal year that ended in Aug. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=-0.494/( ( (3.541 - 0.07) + (4.901 - 0.141) )/ 2 )
=-0.494/( (3.471+4.76)/ 2 )
=-0.494/4.1155
=-12.00 %

Golden Spike Resources's ROCE % of for the quarter that ended in Feb. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=-0.292/( ( (4.672 - 0.046) + (4.718 - 0.026) )/ 2 )
=-0.292/( ( 4.626 + 4.692 )/ 2 )
=-0.292/4.659
=-6.27 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -6.27% mean?
Golden Spike Resources (GSPRF) has a ROCE % of -6.27% as of Feb. 2026.
Is Golden Spike Resources' ROCE % too high?
Golden Spike Resources' current ROCE % is -6.27%.
How does Golden Spike Resources' ROCE % compare to HL?
Golden Spike Resources' ROCE % of -6.27% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Golden Spike Resources's current ROCE % is -6.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Spike Resources stock overvalued right now?
Golden Spike Resources (GSPRF) has a current ROCE % of -6.27%. The current ROCE % is -6.27%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Golden Spike Resources (GSPRF), the current ROCE % is -6.27% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Golden Spike Resources Business Description

Other Exchanges GLDS:Canada
Address 830 - 1100 Melville Street, Vancouver, BC, CAN, V6E 4A6
Golden Spike Resources Corp is a mineral exploration company and its principal business is the acquisition and exploration of mineral properties with a focus on Canada. The company's project includes gregory river properties this mineral exploration property located in Newfoundland.