Canstar Resources Inc (ROX) Financials
TSXV: ROX · Copper, Zinc · Exploration stage
- Market cap$8.0M
- Share price$0.040
- 52-week range$0.035 – $0.135
- Shares outstanding200,773,895
- ExchangeTSXV
- Websitecanstarresources.com
Canstar Resources Inc. (TSXV: ROX) is a focused VMS exploration company with a portfolio of projects in established mining jurisdictions. The Company's flagship Mary March VMS Project (approximately 148 km²) is located within the Buchans District in Central Newfoundland and is being advanced under an earn-in joint venture with VMS Mining Corporation. The Buchans mining camp is well-known for producing some of the highest-grade VMS deposits in North American mining history¿. The Company's Skellefte VMS Project (approximately 68,000 hectares) is located in the northern portion of the Skellefte VMS belt of Sweden, a well-established VMS district. Canstar also holds the Golden Baie Project in southern Newfoundland, currently subject to an option agreement with Churchill Resources Inc.
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Canstar Resources Inc financial statements
Key figures read from 42 of 42 financial statement filings, Oct 26, 2016 to Oct 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$102,520 | C$193,685 | C$38,944 | C$450,096 | C$201,251 |
| Short-term investments | C$50,000 | C$224,607 | C$424,287 | C$375,746 | C$4,714,600 |
| Total current assets | C$1,257,601 | C$568,562* | C$576,364 | C$940,444 | C$5,587,637 |
| Total current liabilities | C$2,587,157 | — | — | — | — |
| Working capital | (C$1,329,556) | — | — | — | — |
| Exploration and evaluation assets | — | — | — | — | C$7,375,911 |
| Property, plant and equipment | C$9,566 | C$12,098 | C$13,009 | C$15,591 | C$18,222 |
| Total assets | C$1,267,167 | C$580,660 | C$589,373 | C$1,052,559 | C$13,247,220 |
| Debt | C$1,921,127 | C$426,226 | — | — | — |
| Total liabilities | C$2,587,157 | C$831,803 | C$117,611 | C$281,444 | C$205,032 |
| Shareholders' equity | (C$1,319,990) | (C$251,143) | C$471,762 | C$771,115 | C$13,042,188 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jun 2026 | FY Jun 2025 | FY Jun 2024 | FY Jun 2023 | FY Jun 2022 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$2,606,398 | C$881,136 | C$702,411 | C$4,810,698 | — |
| General and administrative | C$754,540 | C$447,971 | C$300,432 | C$409,845 | C$386,810 |
| Share-based compensation | C$152,968 | C$110,454 | C$60,163 | C$260,664 | C$570,127 |
| Impairments and write-downs | C$0 | (C$28,355) | — | — | (C$7,733,885) |
| Net income (loss) | (C$2,959,661) | (C$1,648,766) | (C$1,278,074) | (C$5,585,700) | (C$8,855,062) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Jun 2026 | FY Jun 2025 | FY Jun 2024 | FY Jun 2023 | FY Jun 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$3,401,124) | (C$1,400,466) | (C$1,205,918) | (C$4,088,720) | (C$1,539,964) |
| Investing cash flow | C$179,100 | C$239,800 | (C$49,077) | C$4,337,565 | (C$4,077,930) |
| Financing cash flow | C$3,130,859 | C$1,315,407 | C$843,843 | — | C$5,539,700 |
| Exploration spending (capitalized) | — | — | — | — | (C$3,347,472) |
| Property, plant and equipment spending | C$0 | (C$2,066) | — | (C$1,289) | (C$16,500) |
| Proceeds from share issues | C$1,169,971 | C$0 | — | — | — |
| Change in cash | (C$91,165) | — | (C$411,152) | C$248,845 | (C$78,194) |
| Cash at end of period | C$102,520 | C$193,685 | C$38,944 | C$450,096 | C$201,251 |
Canstar Resources Inc financings
3 financings announced or closed by Canstar Resources Inc, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-03-23 | Canstar Resources Inc (ROX) | Private placement | Announced | $208K | $0.100 | Canstar Options Golden Baie; Will Receive Initial 15.8M Shares and $208K Cash , with Additional Equity Tranches to Follow |
| 2025-09-23 | Canstar Resources Inc (ROX) | Flow-through, private placement, non-brokered | Closed, 1 tranche | $1.2M | $0.065 | Canstar Announces Non-Brokered Private Placement |
| 2025-04-22 | Canstar Resources Inc (ROX) | Private placement | Announced | $11.5M | — | Canstar Executes LOI for $11.5M Strategic Investment to Advance Critical Metals Projects |