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New Break Resources Ltd.
(NBRK)
New Break Resources Ltd. (NBRK) vs. iShares MSCI Canada ETF (EWC)
New Break Resources Ltd. Business Overview & Revenue Model
New Break Resources Ltd. Financial Statement Overview
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 339.42K | -795.33K | -1.03M | -956.93K | -820.58K | -461.31K |
| Net Income | 324.86K | -809.23K | -1.03M | -957.99K | -849.57K | -461.62K |
Balance Sheet | ||||||
| Total Assets | 2.22M | 845.82K | 987.47K | 875.20K | 1.54M | 389.83K |
| Cash, Cash Equivalents and Short-Term Investments | 1.60M | 45.55K | 212.21K | 230.46K | 1.24M | 144.28K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 138.21K | 231.80K | 207.17K | 129.17K | 419.77K | 275.50K |
| Stockholders Equity | 2.08M | 614.02K | 780.30K | 746.03K | 1.12M | 114.33K |
Cash Flow | ||||||
| Free Cash Flow | -1.22M | -817.61K | -908.37K | -1.60M | -848.17K | -486.67K |
| Operating Cash Flow | -1.22M | -817.61K | -818.37K | -1.60M | -796.06K | -386.67K |
| Investing Cash Flow | 0.00 | 0.00 | -90.00K | 0.00 | -52.11K | -100.00K |
| Financing Cash Flow | 1.64M | 642.95K | 890.11K | 595.25K | 1.94M | 438.17K |
New Break Resources Ltd. Technical Analysis
New Break Resources Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | C$23.57M | -7.16 | 405.04% | ― | ― | -128.42% | |
49 Neutral | C$17.93M | -14.08 | -88.09% | ― | ― | 21.15% | |
48 Neutral | C$18.00M | -120.12 | 13.19% | ― | ― | ― | |
48 Neutral | C$13.87M | -12.60 | -5.89% | ― | ― | 56.30% | |
43 Neutral | C$16.53M | -22.20 | -39.32% | ― | ― | -56.52% |
New Break Resources Ltd. Corporate Events
New Break Resources has resumed drilling at its Moray gold project in Ontario, launching the first phase of a 2026 program that plans for 10,000 metres of drilling, beginning with at least 2,500 metres over approximately two months. The campaign will focus on expanding the newly discovered Zavitz gold zone, where the 2025 maiden drill program returned broad, consistent gold intercepts, and will also test two additional high-priority targets associated with regional structural features and syenite contacts. Management describes the Zavitz discovery as one of the more significant grassroots finds in the Ontario Abitibi in recent decades and, supported by a cash position of about $2.8 million and QA/QC procedures aligned with industry best practices, sees continued exploration success at Moray as a potential driver of shareholder value in the current strong gold-price environment.
The most recent analyst rating on (TSE:NBRK) stock is a Hold with a C$0.22 price target. To see the full list of analyst forecasts on New Break Resources Ltd. stock, see the TSE:NBRK Stock Forecast page.
New Break Resources Ltd. reported that shareholders at its annual and special meeting in Toronto approved all items on the agenda, including setting the board size at five directors, electing Michael Farrant, Mark Fedosiewich, William Love, Thomas Puppendahl and Andrew Thomson as directors, reappointing McGovern Hurley LLP as auditor, and overwhelmingly ratifying the company’s stock option plan. The meeting also marked the departure of longtime chairman and director Andrew Malim, who did not stand for re-election, signaling a smooth but notable board transition as the company enters 2026 with reaffirmed governance structures and incentives to support its ongoing gold exploration activities in Ontario and Nunavut.
The most recent analyst rating on (TSE:NBRK) stock is a Hold with a C$0.26 price target. To see the full list of analyst forecasts on New Break Resources Ltd. stock, see the TSE:NBRK Stock Forecast page.
New Break Resources has closed an oversubscribed, non-brokered flow-through private placement, raising $1,009,800 through the issuance of 2,805,000 flow-through common shares at $0.36 each, with a portion of the proceeds paid as finder’s fees. The funds will be directed toward Canadian Exploration Expenses that qualify as flow-through mining expenditures and will support the first phase of a 10,000+ metre drilling campaign slated to begin in January 2026 at the Moray gold project, targeting expansion of the Zavitz gold zone and testing additional prospective areas. The financing, which remains subject to final regulatory approvals and is accompanied by a standard four-month hold period on the securities, bolsters New Break’s funding for near-term exploration and could be pivotal in advancing the scale and definition of its key Ontario gold asset.
The most recent analyst rating on (TSE:NBRK) stock is a Hold with a C$0.26 price target. To see the full list of analyst forecasts on New Break Resources Ltd. stock, see the TSE:NBRK Stock Forecast page.
New Break Resources Ltd. has announced a non-brokered private placement of up to 1,405,000 flow-through common shares at $0.36 per share, for gross proceeds of approximately $506,000, with closing expected on December 30, 2025 subject to standard regulatory approvals. The flow-through funds will be directed to qualifying Canadian exploration expenses tied to the first phase of a planned 10,000-metre-plus drilling program at the company’s Moray gold project in Ontario, reinforcing New Break’s strategy of advancing its flagship asset in a mature mining district while allowing investors to benefit from flow-through tax incentives, with finder’s fees potentially payable and all issued securities subject to a four-month-plus-one-day hold period.
New Break Resources Ltd. announced significant results from its 2025 maiden drilling program at the Moray gold project, highlighting discoveries at the Zavitz gold zone with intervals showing promising gold grades over substantial widths. The updated data reveals enhanced continuity of gold mineralization, positioning the company for expanded drilling efforts to build on the growing potential of the site. The discoveries underscore the project’s potential to strengthen New Break’s foothold within the competitive Ontario gold mining sector, sparking interest among stakeholders and investors.
New Break Resources Ltd. has announced the acquisition of additional mineral claims at its Moray Gold Project, expanding its property by 1,107 hectares. This strategic acquisition, which includes historically significant mineral showings, enhances New Break’s exploration potential in a region known for gold and copper deposits, potentially strengthening its market position and offering new opportunities for stakeholders.
New Break Resources Ltd. has commenced a second phase of drilling at its Moray gold project to further explore the Zavitz gold zone and test key structural targets. The company aims to build on promising results from its maiden drilling program, which identified significant gold intersections. This phase of drilling is expected to enhance the understanding of gold mineralization in the area and potentially expand the gold discovery, thereby strengthening New Break’s position in the gold exploration industry.