New Break Resources Ltd. (NBRK) AI Stock Analysis

• Market Cap: C$3.65M
• Dividend Yield: N/A
• Average Volume (3M): 38.90K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.42
• Revenue Growth: N/A
• EPS Growth: 45.34%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Gold
• EPS (TTM): -0.01
• Shares Outstanding: 56,116,700
• 10 Day Avg. Volume: 10,700
• 30 Day Avg. Volume: 38,900
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

New Break Resources Ltd. faces significant challenges as a pre-revenue mining company. Its financial performance is weak due to negative cash flows and reliance on external funding. Technical indicators suggest bearish sentiment, with some potential for a rebound. Valuation metrics are unattractive, reflecting the absence of earnings and dividends. The overall score reflects these substantial risks and current lack of positive catalysts.

New Break Resources Ltd. Business Overview & Revenue Model

Company Description

New Break Resources Ltd. (NBRK) is a mineral exploration company focused on acquiring and developing precious metals properties in Canada. The company is committed to identifying high-potential exploration targets and advancing them through systematic exploration methods. Its core products are the mineral resources it explores, mainly gold and other valuable metals, which it seeks to develop into economically viable mining projects.

How the Company Makes Money

New Break Resources Ltd. generates revenue primarily through the exploration and potential development of mineral properties, which involves discovering and proving the value of resource deposits. The company can make money by selling or leasing its developed properties to larger mining companies, entering into joint ventures, or directly selling the extracted minerals if it establishes mining operations. Significant partnerships with other exploration or mining firms can also enhance its financial position by sharing the costs and benefits of exploration projects. Additionally, NBRK may raise funds through equity financing, leveraging its exploration success to attract investment.

New Break Resources Ltd. Financial Statement Overview

Summary

New Break Resources Ltd. is pre-revenue with consistent net losses. While debt-free, it heavily relies on external financing due to negative cash flows. The balance sheet is moderately stable, but the downward trend in equity is concerning.

Income Statement

New Break Resources Ltd. shows consistent net losses with no revenue generation, typical for early-stage mining firms. The EBIT and EBITDA margins are negative, indicating ongoing operational challenges and lack of profitability. Revenue growth is nonexistent as the company operates pre-revenue.

Balance Sheet

The company maintains a debt-free balance sheet, which is a positive factor for financial stability. The equity ratio is moderate, reflecting a reasonable level of equity financing relative to total assets. However, the decline in stockholders' equity over the years suggests potential capital erosion, which could pose future financial risks.

Cash Flow

Operating cash flow is consistently negative, reflecting the company's pre-revenue status and ongoing investments in development. Free cash flow is also negative, highlighting the need for external financing, which is evident from the significant financing cash inflows. The company’s reliance on external funding is a potential risk if financing conditions become unfavorable.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	0.00	0.00	0.00
	EBIT
-1.11M	-956.93K	-820.58K	-592.54K	-252.09K
	EBITDA
-1.03M	-956.93K	-820.58K	-461.31K	-231.52K
	Net Income Common Stockholders
-1.03M	-957.99K	-849.57K	-461.62K	-231.72K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
212.21K	230.46K	1.24M	144.28K	192.78K
	Total Assets
987.47K	875.20K	1.54M	389.83K	199.70K
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-212.21K	-230.46K	-1.24M	-144.28K	-192.78K
	Total Liabilities
207.17K	129.17K	419.77K	275.50K	147.04K
	Stockholders Equity
780.30K	746.03K	1.12M	114.33K	52.66K
Cash Flow		Free Cash Flow
-908.37K	-1.60M	-848.17K	-486.67K	-173.10K
	Operating Cash Flow
-818.37K	-1.60M	-796.06K	-386.67K	-173.10K
	Investing Cash Flow
-90.00K	0.00	-52.11K	-100.00K	0.00
	Financing Cash Flow
890.11K	595.25K	1.94M	438.17K	365.88K

New Break Resources Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NBRK, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.07, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.73 is Neutral, neither overbought nor oversold. The STOCH value of -22.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NBRK.

New Break Resources Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CNC	54 Neutral	$184.83M	―	-0.58%	―	―	91.44%
Sector *	49 Neutral	$1.96B	-1.23	-21.20%	3.72%	0.95%	-28.96%
LME	45 Neutral	C$87.52M	―	-31.64%	―	―	8.40%
BMK	37 Underperform	C$4.15M	―	25.02%	―	―	84.51%
NBRK	36 Underperform	C$3.65M	―	-116.07%	―	―	45.34%
BAY	36 Underperform	C$13.91M	―	-349.78%	―	―	-184.91%
GEM	32 Underperform	C$1.64M	―	-57.97%	―	―	53.47%

New Break Resources Ltd. Corporate Events

New Break Sells Sundog Gold Interest to Guardian

New Break Resources has signed a letter of intent to sell its 100% interest in Sundog Gold Project to Guardian Exploration Inc. for cash and shares, while retaining a 20% stake in the project. This deal, expected to close by February 2025, will allow New Break to focus on its Moray gold project, enhancing its financial position.

New Break Resources Completes Private Placement Financing

New Break Resources Ltd. has successfully completed its non-brokered private placement financing, raising $457,950 for exploration activities at its Moray gold project. The offering included the issuance of 6,106,000 units, each comprising one common share and one warrant, allowing investors to purchase additional shares at a future date. The company also announced the creation of a new Control Person with significant ownership in the company.