Spruce Ridge Resources Ltd. reported earnings results for the full year ended April 30, 2023. For the full year, the company reported sales was CAD 0.060628 million compared to CAD 0.13139 million a year ago. Net loss was CAD 5.81 million compared to CAD 10.66 million a year ago.

Basic loss per share from continuing operations was CAD 0.03 compared to CAD 0.06 a year ago.