Carolina Rush Corporation

Carolina Rush Corporation

RUSH.V
Carolina Rush CorporationCA flagToronto Stock Exchange Ventures
0.11
CAD
-0.01
- -
9.99MMarket 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
- -
- -
0.01
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.06
-1
0.12
-0.18
-0.1
-0.16
-0.1
-0.14
-0.17
-0.09
-0.06
-0.05
-0.02
-0.02
Free Cash Flow per Basic Share
-0.13
-0.02
0.07
-0.1
-0.08
-0.14
-0.12
-0.1
-0.15
-0.08
-0.04
-0.05
-0.02
-0.02
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.18
-0.08
0.04
0.04
-0.04
0.06
- -
0.14
0.03
- -
0.01
0.01
0.03
0.02
Tangible Book Value per Share
1.18
-0.08
0.04
0.04
-0.04
0.06
- -
0.14
0.03
- -
0.01
0.01
0.03
0.02
Basic Weighted Avg Shares
8
8
8
9
10
13
17
22
25
27
33
55
61
80
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
-12,785
- -
-153.73
-3,326.56
-4,648.04
-25,575.81
-37,464.67
-77,087.77
- -
-120,002.59
-99,418.25
-69,875.78
-64,740.77
-52,277.22
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
-8
1
-2
-1
-2
-2
-3
-4
-2
-2
-3
-1
-1
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-13,143.11
- -
878.6
-3,254.97
-4,617.45
-25,652.77
-29,879.49
-80,983.3
- -
-121,259.96
-98,276.96
-69,694.35
-61,176.13
-51,345.06
Working Capital
- -
-1
- -
- -
- -
1
- -
3
1
- -
- -
- -
3
2
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
10
-1
- -
- -
- -
1
- -
3
1
- -
- -
- -
2
2
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-4.53
- -
- -
-451.38
- -
- -
- -
- -
-206.13
- -
- -
-710.89
-101.14
-101.14

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
91
91
91
Market Capitalization
13
12
9

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3
3
2
Cash, Cash Equivalents & STI
3
2
2
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
1
- -
Payables & Accruals
1
1
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1,516.78%
-11.88%
427.62%
Free Cash Flow
-7.9%
10.28%
-52.15%
Net Income, GAAP
-17%
-5.62%
-45.36%
Sales/Revenue/Turnover
- -
- -
-37.75%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.01
-0.01
- -
-0.05
2025
-0.01
- -
-0.01
- -
-0.02
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Thomas Layton Croft
Sector
Basic Materials
Industry
Other Precious Metals
Address
217 Queen Street West Toronto ON Canada M5V 0R2
IPO Date
May 31, 2005
Business
Carolina Rush Corporation operates as a Canadian mineral exploration company focused on the acquisition, exploration and development of gold and copper mineral properties in the southeastern United States. The Company’s principal asset is the Brewer Gold-Copper Project, an approximately 1,000-acre, past-producing high-sulphidation epithermal gold-copper property in Chesterfield County, South Carolina, within the Carolina Slate Belt and near the Haile Gold Mine. Its activities include geological mapping; surface and subsurface sampling; geophysical surveys; resource delineation; diamond drilling; exploration targeting; and evaluation of near-surface epithermal gold mineralization, backfill-hosted gold and copper mineralization, and potential deeper porphyry-style copper-gold mineralization. The Brewer project has an NI 43-101-compliant maiden mineral resource estimate comprising indicated in-situ resources of 192,000 ounces of gold and 16.7 million pounds of copper and inferred in-situ resources of 210,000 ounces of gold and 8.3 million pounds of copper, in addition to inferred backfill resources of 139,000 ounces of gold and 9.7 million pounds of copper. Carolina Rush also holds and is expanding the adjacent Jefferson Project through additional mineral claims, supporting its regional exploration strategy in South Carolina. The Company’s customers and prospective counterparties include mining companies, strategic investors and other participants in the precious- and base-metals sector. In September 2025, Carolina Rush entered into an earn-in-to-joint-venture agreement with OceanaGold Corporation for the Brewer project; the agreement became effective in November 2025 and provides for OceanaGold to earn up to an 80% interest by funding up to US$20 million of exploration expenditures, including US$8 million to earn 50% by December 31, 2027 and an additional US$12 million to increase its interest to 80% by December 31, 2030, while also providing OceanaGold the ability to exercise Carolina Rush’s underlying option to acquire the Brewer property. During 2026, the partners initiated a funded deep-drilling program designed to test the project’s copper-gold porphyry potential, with OceanaGold funding the initial exploration program and contributing exploration advances. Carolina Rush was incorporated in 1996, was formerly known as Pancontinental Resources Corporation until its March 2023 name change, and is headquartered in Toronto, Ontario, Canada.