Thunderstruck Resources Ltd. (THURF)
Thunderstruck Resources Ltd. is an enterprise focused on identifying and securing mineral claims, subsequently conducting exploration activities. The firm primarily seeks out commercially viable deposits of base and precious metals, specifically targeting zinc, copper, silver, and gold. Among its principal holdings are the Korokayiu and Liwa projects, both strategically located on the island of Viti Levu in Fiji. Established in 2011, the company's corporate base is situated in Vancouver, Canada.
Industry: Industrial Materials
Thunderstruck Resources Ltd.
OTC:THURFBasic Materials · Industrial Materials
-2.76%$0.1375
Mkt Cap$5.88M
Float21.68M
O/S42.77M
Inst Own-
SI0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$518K
Total Assets$3.55M
Free Cash Flow-$451K
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$3.05M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:5Reverse splitApr 24, 20235 shares → 1
Balance Sheet Details
Assets$3.55M
Liabilities$502K
Accounts Receivable$12K
Accounts Payable$160K
Inventory$0
PP&E (Net)$66K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $623 | $1K | $1K | $1K | $321 | $160K | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $0 | $0 | -$623 | -$1K | -$1K | -$1K | -$321 | -$160K | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $215K | $463K | $509K | $802K | $473K | $601K | $351K | $216K | $389K | $338K | $312K | $215K | $96K | $69K |
| Other | $315K | $1K | $12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $530K | $464K | $522K | $802K | $473K | $601K | $351K | $216K | $389K | $338K | $312K | $215K | $96K | $69K |
| Operating Income (EBIT) | -$530K | -$464K | -$522K | -$803K | -$475K | -$602K | -$351K | -$375K | -$389K | -$338K | -$312K | -$215K | -$96K | -$69K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $3K | $10K | $5K | $2K | $0 | $0 | $0 | $0 | $0 | $0 | $117 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $12K | $42K | $18K | -$10K | -$21K | $28K | $59K | $2K | $2K | -$2K | $7K | -$33K | -$7K | -$117 |
| Income Before Tax (EBT) | -$518K | -$423K | -$503K | -$814K | -$496K | -$574K | -$293K | -$374K | -$388K | -$341K | -$305K | -$248K | -$102K | -$70K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$518K | -$423K | -$503K | -$814K | -$496K | -$574K | -$293K | -$374K | -$388K | -$341K | -$305K | -$248K | -$102K | -$70K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||||||
| EPS | -0.02 | -0.02 | -0.03 | -0.05 | -0.04 | -0.06 | -0.04 | -0.05 | -0.07 | -0.10 | -0.13 | -0.14 | -0.19 | -0.34 |
| Diluted EPS | -0.02 | -0.02 | -0.03 | -0.05 | -0.04 | -0.06 | -0.04 | -0.05 | -0.07 | -0.10 | -0.13 | -0.14 | -0.19 | -0.34 |
| Weighted Average OS | 44.15M | 30.24M | 25.92M | 24.08M | 17.19M | 14.53M | 11.47M | 9.92M | 7.29M | 4.93M | 3.36M | 2.47M | 756,164 | 288,219 |
| EBITDA | -$530K | -$463K | -$509K | -$784K | -$477K | -$579K | -$343K | -$372K | $0 | $0 | -$306K | -$187K | $0 | -$69K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 | 2011-11-30 |
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash and Cash Equivalents | $344K | $10K | $8K | $224K | $41K | $419K | $18K | $26K | $160K | $174K | $44K | $188K | $306K | $131K | $64K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $344K | $10K | $8K | $224K | $41K | $419K | $18K | $26K | $160K | $174K | $44K | $188K | $306K | $131K | $64K |
| Accounts Receivable | $12K | $8K | $5K | $10K | $13K | $128K | $79K | $0 | $0 | $0 | $4K | $0 | $0 | $7K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4K | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $24K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $357K | $19K | $14K | $255K | $78K | $623K | $114K | $76K | $204K | $202K | $85K | $197K | $311K | $138K | $71K |
| Long-Term Assets | |||||||||||||||
| Property, Plant & Equipment Net | $66K | $3.05M | $2.95M | $2.69M | $1.75M | $1.66M | $1.21M | $16K | $622K | $432K | $296K | $97K | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $3.13M | $0 | $82K | $0 | $0 | $0 | $0 | $1.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $3.19M | $3.05M | $3.03M | $2.69M | $1.75M | $1.66M | $1.21M | $1.03M | $622K | $432K | $296K | $97K | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $3.55M | $3.07M | $3.04M | $2.95M | $1.83M | $2.28M | $1.32M | $1.1M | $826K | $634K | $381K | $294K | $311K | $138K | $71K |
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payable | $160K | $208K | $494 | $63K | $111K | $293K | $303K | $70K | $36K | $62K | $152K | $26K | $23K | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | -$111K | $0 | -$93K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$411 | $419K | $493K | $2K | $105K | -$11K | $166K | $0 | $50K | $90K | $0 | $0 | $1K | $8K | $11K |
| Total Current Liabilities | $502K | $627K | $494K | $65K | $202K | $382K | $396K | $117K | $85K | $152K | $174K | $31K | $24K | $8K | $11K |
| Long-Term Liabilities | |||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $33K | $100K | $12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $502K | $627K | $494K | $65K | $235K | $482K | $407K | $117K | $85K | $152K | $174K | $31K | $24K | $8K | $11K |
| Stockholders' Equity | |||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $7.45M | $6.35M | $6.12M | $6.02M | $4.16M | $3.88M | $2.64M | $2.49M | $1.93M | $1.23M | $835K | $637K | $447K | $188K | $71K |
| Retained Earnings | -$5.49M | -$4.97M | -$4.55M | -$4.05M | -$3.23M | -$2.74M | -$2.16M | -$1.87M | -$1.46M | -$1.08M | -$736K | -$431K | -$183K | -$80K | -$11K |
| Comprehensive Income & Other | $1.08M | $1.03M | $975K | $904K | $669K | $655K | $424K | $362K | $270K | $154K | $72K | $57K | $22K | $22K | $0 |
| Other Stockholders' Equity | $1.08M | $1.06M | $975K | $904K | $669K | $655K | $435K | $362K | $270K | $326K | $108K | $57K | $22K | $22K | $0 |
| Total Equity | $3.05M | $2.44M | $2.55M | $2.88M | $1.6M | $1.8M | $912K | $988K | $740K | $482K | $207K | $263K | $287K | $130K | $61K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $3.55M | $3.07M | $3.04M | $2.95M | $1.83M | $2.28M | $1.32M | $1.1M | $826K | $634K | $381K | $294K | $311K | $138K | $71K |
| Supplementary Data | |||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $124K | $188K | $30K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$344K | -$10K | -$8K | -$224K | $83K | -$231K | $12K | -$26K | -$160K | -$174K | -$44K | -$188K | -$306K | -$131K | -$64K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 |
| Operating Activities | ||||||||||||||
| Net Income | -$518K | -$423K | -$503K | -$814K | -$496K | -$574K | -$293K | -$374K | -$388K | -$341K | -$305K | -$248K | -$102K | -$70K |
| Depreciation & Amortization | $0 | $623 | $623 | $1K | $1K | $1K | $321 | $3K | $380K | $336K | $0 | $35K | $94K | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $3K | $37K | $3K | -$2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $52K | $32K | $278K | $21K | $233K | $59K | $71 | $103K | $82K | $15K | $35K | $0 | $19K |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$4K | -$3K | $5K | -$76 | $56K | -$12K | -$37K | -$19K | $2K | -$4K | $249 | -$4K | $0 | -$7K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $60K | $220K | $328K | -$27K | $87K | -$126K | $51K | $51K | -$103K | $89K | -$19K | $972 | -$5 | $5K |
| Total Working Capital Change | $55K | $217K | $333K | -$27K | $144K | -$138K | $14K | $32K | -$101K | $85K | -$18K | -$3K | $11K | -$2K |
| Other Non-Cash Items | $38K | -$45K | -$8K | $3K | -$13K | -$44K | -$65K | $68K | -$380K | -$332K | $15K | $0 | -$87K | $19K |
| Net Cash from Operating | -$425K | -$198K | -$146K | -$555K | -$306K | -$518K | -$286K | -$296K | -$386K | -$169K | -$309K | -$182K | -$85K | -$53K |
| Investing Activities | ||||||||||||||
| Capital Expenditures | -$218K | -$48K | -$205 | -$43K | -$17K | -$2K | -$12K | -$400K | -$171K | -$190K | -$70K | -$94K | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $4K | $4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$50K | -$124K | -$997K | -$259K | -$266K | $147K | -$13K | -$181K | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$218K | -$50K | -$124K | -$1.04M | -$273K | -$265K | $136K | -$413K | -$171K | -$190K | -$70K | -$94K | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | - | $44K | $68K | $46K | $16K | - | - | - | - | - | - | - |
| Common Stock Issuance | $977K | $259K | $57K | $1.78M | $228K | $856K | $136K | $575K | $542K | $490K | $234K | $158K | $259K | $120K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | -$9K | -$3K | $41K | $41K | $375K | $22K | $575K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $977K | $250K | $55K | $1.78M | $201K | $1.18M | $143K | $575K | $542K | $490K | $234K | $158K | $259K | $120K |
| Forex Effect | $463 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $334K | $2K | -$215K | $183K | -$378K | $401K | -$8K | -$133K | -$14K | $130K | -$144K | -$118K | $175K | $67K |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | -$425K | -$198K | -$146K | -$555K | -$306K | -$518K | -$286K | -$296K | -$386K | -$169K | -$309K | -$182K | -$85K | -$53K |
| Capital Expenditure | -$26K | -$69K | -$205 | -$43K | -$17K | -$2K | -$12K | -$400K | -$171K | -$190K | -$70K | -$94K | $0 | $0 |
| Free Cash Flow | -$451K | -$198K | -$146K | -$599K | -$324K | -$521K | -$298K | -$696K | -$557K | -$360K | -$379K | -$276K | -$85K | -$53K |
| Cash at Beginning | $10K | $8K | $224K | $41K | $419K | $18K | $26K | $160K | $174K | $44K | $188K | $306K | $131K | $64K |
| Cash at End | $344K | $10K | $8K | $224K | $41K | $419K | $18K | $26K | $160K | $174K | $44K | $188K | $306K | $131K |