Trailbreaker Resources Ltd.

Trailbreaker Resources Ltd.

APRAF
Trailbreaker Resources Ltd.US flagOther OTC
0.28
USD
- -
- -
11.43MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-2.98
-0.5
-0.25
-0.83
-0.45
0.57
-0.28
-0.93
0.02
-0.03
-0.14
-0.01
-0.02
- -
Free Cash Flow per Basic Share
-0.11
-0.13
-0.23
-0.45
-0.84
-0.09
-0.04
-0.06
-0.14
-0.11
-0.07
-0.06
-0.03
-0.05
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.37
-1.7
-1.23
-0.29
- -
-0.48
-0.76
-1.69
-1.3
-1.22
-0.64
-0.37
-0.37
-0.35
Tangible Book Value per Share
2.31
1.82
1.37
2.05
2.12
1.58
1.29
0.4
0.42
0.36
0.14
0.15
0.13
0.14
Basic Weighted Avg Shares
3
4
5
6
9
10
10
10
12
13
26
39
41
41
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-10
-2
-1
-5
-4
5
-3
-9
- -
- -
-4
- -
-1
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
1
- -
- -
4
5
3
2
1
1
- -
1
2
1
1
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
8
7
7
13
19
15
12
4
5
5
3
6
5
6
Return on Invested Capital (%)
- -
- -
- -
- -
- -
-5.35
- -
- -
-7.52
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
-236.69
- -
- -
-1.75
- -
- -
- -
- -
2.63
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
41
41
41
Market Capitalization
10
12
14

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
2
1
1
Cash, Cash Equivalents & STI
2
1
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.59%
11.17%
-12.93%
Free Cash Flow
40.59%
37.19%
-54.51%
Net Income, GAAP
66.9%
104.53%
111.09%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
-0.01
-0.04
- -
-0.14
2024
-0.02
- -
- -
- -
-0.01
2025
- -
- -
- -
- -
-0.02

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Daithi Mac Gearailt
Full Time Employees
14
Sector
Basic Materials
Industry
Gold
Address
650 West Georgia Street Vancouver BC Canada V6B 4N9
IPO Date
Dec 31, 1998
Business
Trailbreaker Resources Ltd. (TSXV:TBK, OTCQB:APRAF) is a mineral exploration company focused on the acquisition, evaluation, exploration, and development of precious and base metal properties, primarily in mining-friendly British Columbia and Yukon Territory, Canada. The company maintains a portfolio of grassroots and advanced-stage projects targeting gold, copper-gold porphyry, copper-molybdenum porphyry, and orogenic gold deposits, including the flagship Atsutla Gold project (high-grade orogenic gold at Highlands zone and porphyry Cu-Au-Ag at Swan zone, over 40,000 hectares in northwestern BC); Liberty Cu-Mo porphyry project (central BC); Coho Cu-Au porphyry project (drill-ready target adjacent to Pacific Ridge's Chuchi deposit, central BC); Wheaton Gold property (orogenic gold prospect in BC's Turnagain placer district); and other properties such as Skelly, McMurdo, Eakin Creek, Connector Gold, Castle Rock, Sheldon, Plateau, and Eagle Lake. Trailbreaker operates as a project generator, leveraging an experienced management team with a track record in exploration across Canada, Alaska, and Nevada, to advance properties toward discovery and potential joint ventures. Founded in 1989 as Goldstrike Resources Ltd. and renamed Trailbreaker Resources Ltd. in March 2021, the company is headquartered at 650 West Georgia Street, Suite 2110, Vancouver, British Columbia, V6B 4N9, Canada. Its projects serve mining companies, investors, and joint venture partners seeking exposure to underexplored high-potential ground in established Canadian jurisdictions. In the past year, Trailbreaker has pursued aggressive portfolio expansion through strategic property acquisitions, including the drill-ready Coho Cu-Au porphyry project in May 2025 via an option agreement with prospector Ron Bilquist (100% interest earnable through cash payments totaling $380,000 and 700,000 shares through 2030, TSXV-approved June 2025); the Wheaton Gold orogenic property in July 2025 (TSXV-approved later that month); and additional ground consolidation at Atsutla Gold (528 hectares near Highlands zone via staking and purchase, enabling first-pass reconnaissance, mapping, prospecting, and soil sampling as of September 2025). The company also advanced technical work, such as ZTEM and IP geophysics at Liberty in January 2025 confirming porphyry targets, and mobilized exploration teams to Atsutla in September 2025 to prepare drill collars at Highlands zone, while providing corporate updates on its gold, Cu-Au, and Cu-Mo portfolio progress. These moves position Trailbreaker to test multiple high-impact targets amid rising demand for critical minerals in North America.

Company News

APIChat
  • Trailbreaker Resources Prepares to Drill Three Targets and Provides Corporate Update

  • Trailbreaker Resources Appoints Charlie Greig As Technical Advisor

  • Trailbreaker Adopts Semi-Annual Reporting

  • Trailbreaker Grants Options

  • Trailbreaker Extends Warrant Terms

  • Trailbreaker Closes $3.5m Flow-Through Financing

  • Trailbreaker Files For Approval Of $3.5M Flow-Through Financing

  • Trailbreaker Resources Announces Increase to Flow-Through Financing from $3m to $3.5m

  • Trailbreaker Resources Announces Flow-Through Financing up to $3M

  • Trailbreaker Expands Footprint of High-Grade Gold Structure at Atsutla Gold Project, BC

  • Trailbreaker Resources Amends Atsutla Option Agreement

  • Trailbreaker Resources Mobilizes Exploration Team to Atsutla Gold Project, Northwestern BC

  • Trailbreaker Resources Announces Exchange Approval Of COHO Property Option

  • Trailbreaker Acquires the Drill-Ready Coho Copper-Gold Porphyry Project in Central British Columbia

  • Trailbreaker Initiates Multiple Geophysical Surveys at the Liberty Copper-Molybdenum Project, British Columbia

  • Trailbreaker Defines Chargeability Feature Coincident With Multi-Element Geochemical Anomaly at Swan Zone, Atsutla Project, British Columbia

  • Trailbreaker Defines a 10 Km Copper-In-Soil Anomaly and Assays 23.71% Copper in Rock Sample at Liberty Property

  • Trailbreaker Expands Watchtower Zone Gold Anomaly to 350m x 200m Along a 3km Gold Trend at Castle Rock Property

  • Trailbreaker Intersects 0.47% CuEq Over 34.2 M in Drilling at Liberty Property

  • Trailbreaker Completes Inaugural Diamond Drill Program at the Liberty Copper Property