Red Canyon Resources Ltd. (REDC) Financials
CSE: REDC · Copper · Exploration stage
- Market cap$10.8M
- Share price$0.135
- 52-week range$0.100 – $0.260
- Shares outstanding79,990,232
- ExchangeCSE
- Properties8
- Websitewww.redcanyonresources.com
Red Canyon Resources Ltd. is a mineral resource company principally engaged in the acquisition and exploration of mineral resource properties. Its objective is to locate and develop copper and associated precious metals, currently focusing on the exploration and development of its principal project, the Kendal Property, located in British Columbia, Canada. The Company also holds a secondary property, the Scraper Springs Property.
- Company Overview
- Interactive Economic Study
- Mining Data
- News
- Financials
- Management Team
- Insider Sales
- SEDAR+ Filings
Red Canyon Resources Ltd. financial statements
Key figures read from 11 of 11 financial statement filings, Nov 29, 2023 to Aug 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | |
|---|---|---|---|---|
| Cash and equivalents | C$2,142,673 | C$688,031 | C$968,620 | C$269,396 |
| Total current assets | C$2,492,262* | C$880,739* | C$1,055,324* | C$305,048* |
| Total current liabilities | C$601,491 | C$150,977 | — | — |
| Working capital | C$1,890,771 | C$729,762 | — | — |
| Exploration and evaluation assets | C$5,429,826 | C$4,188,623 | C$1,920,710 | C$1,015,386 |
| Property, plant and equipment | C$2,143 | C$3,048 | C$2,254 | C$883 |
| Total assets | C$8,096,231 | C$5,192,410 | C$3,098,288 | C$1,321,317 |
| Total liabilities | C$1,442,111 | C$575,421 | C$273,789 | C$229,970 |
| Shareholders' equity | C$6,654,120 | C$4,616,989 | C$2,824,499 | C$1,091,347 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | |
|---|---|---|---|---|
| Exploration and evaluation expense | C$11,132 | C$42,429 | C$37,536 | C$55,999 |
| General and administrative | C$106,539 | C$130,777 | C$36,547 | C$48,895 |
| Share-based compensation | C$0 | C$191,093 | C$37,307 | C$30,482 |
| Impairments and write-downs | (C$397,269) | (C$107,748) | — | — |
| Net income (loss) | (C$1,038,812) | (C$616,863) | (C$237,504) | (C$258,879) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | |
|---|---|---|---|---|
| Operating cash flow | (C$562,581) | (C$620,103) | (C$534,834) | (C$176,325) |
| Investing cash flow | (C$1,902,515) | (C$2,190,268) | (C$1,167,462) | (C$444,721) |
| Financing cash flow | C$3,922,245 | C$2,525,084 | C$2,402,524 | C$119,722 |
| Exploration spending (capitalized) | (C$1,850,515) | (C$2,188,768) | (C$1,045,610) | (C$444,721) |
| Property, plant and equipment spending | C$0 | (C$1,500) | (C$1,852) | C$0 |
| Proceeds from share issues | C$3,922,245 | C$2,525,084 | C$2,402,524 | C$119,722 |
| Change in cash | C$1,454,369 | (C$281,010) | C$699,777 | (C$498,710) |
| Cash at end of period | C$2,162,742 | C$708,373 | C$989,383 | C$289,606 |
Red Canyon Resources Ltd. financings
1 financing announced or closed by Red Canyon Resources Ltd., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-10-01 | Red Canyon Resources Ltd. (REDC) | Flow-through, non-brokered | Closed, 1 tranche | $1.0M | $0.200 | Red Canyon Announces Flow-Through Financing |
Related lists
- Copper stocks
- CSE copper stocks
- Copper explorers
- British Columbia copper stocks
- Canada copper stocks
- United States copper stocks
- British Columbia mining stocks
- Canada mining stocks
- Utah mining stocks
- United States mining stocks
- CSE mining stocks