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New Break Resources Ltd. (NBRK) AI Stock Analysis
New Break Resources Ltd.
(CNQX:NBRK)
The overall score is low primarily because New Break Resources is a speculative, pre-revenue gold exploration company with accelerating losses, intensifying cash burn, and shrinking equity despite having no financial debt. Technicals reinforce this cautious stance, as the stock trades below all key moving averages with oversold momentum signals that point to continued downside risk with only modest potential for a short-term bounce. Valuation adds little support, given negative earnings and the absence of a dividend, leaving the share price largely dependent on future exploration success rather than current financial strength.
New Break Resources Ltd. (NBRK) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 10.55M
- Dividend Yield
- ―
- Average Volume (3M)
- 70.20K
- Price to Earnings (P/E)
- -6.1
- Beta (1Y)
- 1.86
- Revenue Growth
- ―
- EPS Growth
- -1878.57%
- Country
- Canada
- Employees
- 3
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
New Break Resources Ltd. Business Overview & Revenue Model
Company Description
New Break Resources Ltd. is a Canadian company specializing in mineral exploration and development, with a primary focus on gold projects. The firm fully owns the Moray gold project, which consists of 14 contiguous mining claims covering approximatel...
How the Company Makes Money
New Break Resources does not typically generate operating revenue from selling products or providing services; instead, it is generally funded through financing activities used to advance its exploration projects. Its primary sources of funds are com...
New Break Resources Ltd. Financial Statement Overview
Summary
Financial performance is very weak: the company is pre-revenue, reports persistent and widening net losses, and has increasingly negative operating and free cash flows, while shareholders' equity has started to decline despite a debt-free balance sheet.
Income Statement
12Very NegativeBalance Sheet
42NeutralCash Flow
22Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | -2.61M | -2.38M | -795.33K | -1.03M | -956.93K | -820.58K |
| Net Income | -2.49M | -791.13K | -809.23K | -1.03M | -957.99K | -849.57K |
Balance Sheet | ||||||
| Total Assets | 3.90M | 5.03M | 845.82K | 987.47K | 875.20K | 1.54M |
| Cash, Cash Equivalents and Short-Term Investments | 2.82M | 3.93M | 45.55K | 212.21K | 230.46K | 1.24M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 229.49K | 368.58K | 231.80K | 207.17K | 129.17K | 419.77K |
| Stockholders Equity | 3.67M | 4.66M | 614.02K | 780.30K | 746.03K | 1.12M |
Cash Flow | ||||||
| Free Cash Flow | -2.43M | -1.44M | -817.61K | -908.37K | -1.60M | -848.17K |
| Operating Cash Flow | -2.39M | -1.41M | -817.61K | -818.37K | -1.60M | -796.06K |
| Investing Cash Flow | -110.96K | -23.09K | 0 | -90.00K | 0 | -52.11K |
| Financing Cash Flow | 3.84M | 4.01M | 642.95K | 890.11K | 595.25K | 1.94M |
New Break Resources Ltd. Technical Analysis
Price Trends
Market Momentum
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 0.17 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.22, and below the 200-day MA of 0.26, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 36.18 is Neutral, neither overbought nor oversold. The STOCH value of 41.88 is Neutral, 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
Overall Rating
TSE:RDU53Neutral
TSE:PMC42Neutral- TSE:NBRK40Underperform
TSE:KORE39Underperform
TSE:SXTY38Underperform
TSE:PINN37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| TSE:RDU | 53Neutral | CAD 26.62M | -21.19 | -83.66% | ― | ― | -30.85% |
| TSE:PMC | 42Neutral | CAD 11.80M | -3.89 | 207.77% | ― | ― | -417.86% |
| TSE:NBRK | 40Underperform | CAD 15.46M | -6.12 | -68.49% | ― | ― | -1878.57% |
| TSE:KORE | 39Underperform | CAD 9.04M | -2.47 | -209.53% | ― | ― | -8.29% |
| TSE:SXTY | 38Underperform | CAD 8.68M | -4.72 | -13.53% | ― | ― | -97.46% |
| TSE:PINN | 37Underperform | CAD 12.29M | -2.53 | -138.99% | ― | ― | -67.68% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:NBRK | New Break Resources Ltd. | 0.17 | -0.09 | -34.62% | |
| TSE:KORE | Kore Mining Ltd | 0.10 | -0.06 | -36.36% | |
| TSE:PMC | Peloton Minerals | 0.07 | -0.02 | -22.22% | |
| TSE:RDU | Radius Gold | 0.26 | 0.12 | 85.71% | |
| TSE:PINN | Pinnacle Silver And Gold Corp | 0.09 | -0.01 | -10.53% | |
| TSE:SXTY | Sixty North Gold Mining Ltd. | 0.14 | -0.02 | -15.15% |
New Break Resources Ltd. Corporate Events
New Break to Raise $550,000 in Flow-Through Share Financing for Moray Gold Drilling
PositiveNew Break Resources Ltd. plans to raise up to $550,000 through a non-brokered private placement of 2,500,000 flow-through common shares priced at $0.22, with proceeds dedicated to qualifying Canadian exploration expenses. The funds will primarily sup...
New Break Restarts Deep-Target Drilling at Expanding Moray Gold Discovery
PositiveNew Break Resources Ltd., a junior gold explorer, is advancing its Moray gold project in northeastern Ontario near Timmins and Alamos Gold’s Young-Davidson mine. The company has grown the property to almost 30,000 hectares, largely free of roya...
New Break Extends Gold Mineralization at Moray’s Zavitz Zone with Strong Summer Drill Results
PositiveNew Break Resources has reported final assay results from the last four holes of its ten-hole, 1,996 metre summer drilling program at the Zavitz gold zone on the Moray project near Timmins, Ontario. Highlights include intercepts grading 3.12 g/t gold...
New Break Reports High-Grade Drill Results at Moray Gold Project
PositiveNew Break Resources has reported strong new assay results from its summer drilling program at the Moray gold project in Ontario, including intercepts of 5.28 g/t gold over 11.2 metres and 3.95 g/t over 14.0 metres in the Zavitz gold zone. The first f...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 19, 2026