VR Resources Ltd. (VRRCF)
VR Resources Ltd. is a mineral exploration enterprise focused on identifying and developing valuable mineral deposits. The company's operations span both the United States and Canada, where it actively acquires, assesses, and explores properties primarily for copper, silver, and gold. Its diverse portfolio of properties includes several key holdings in Nevada: The Bonita property comprises 83 claims across two main sections, covering an estimated 686 hectares in Humboldt County. The Big Ten project, situated in Nye County, consists of 117 claims spanning approximately 2,417 acres. The Reveille project features 128 contiguous mineral claims, encompassing 1,059 hectares. The Junction property is made up of 47 claims across three distinct blocks, totaling 388 hectares in Humboldt County. The New Boston Property includes 65 claims within a single block, covering 543 hectares located southeast of Reno. In Canada, specifically northern Ontario, the company holds: The Ranoke property, a substantial 7,400-hectare site composed of 360 contiguous claims. The Hecla-Kilmer property, which consists of 224 interconnected mineral claims over 4,618 hectares. VR Resources Ltd. was established in 2015 and is headquartered in Vancouver, Canada.
Industry: Industrial Materials
VR Resources Ltd.
OTC:VRRCFBasic Materials · Industrial Materials
-8.28%$0.2748
Mkt Cap$354K
Float1.26M
O/S1.29M
Inst Own-
SI7.0%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$697K
Total Assets$4.15M
Free Cash Flow-$563K
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$3.89M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
2-year cumulative
1:10
Nasdaq bars a compliance period at 1:250
- 1:10Reverse splitJan 20, 202610 shares → 1
Balance Sheet Details
Assets$4.15M
Liabilities$257K
Accounts Receivable$39K
Accounts Payable$228K
Inventory$0
PP&E (Net)$0
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $791 | $339 | $484 | $691 | $988 | $1K | $2K | $1K | $364 | $0 |
| Gross Profit | $0 | -$791 | -$339 | -$484 | -$691 | -$988 | -$1K | -$2K | -$1K | -$364 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.08M | $823K | $567K | $621K | $726K | $551K | $682K | $910K | $656K | $1.46M | $52K |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $157K | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $1.08M | $823K | $567K | $621K | $726K | $551K | $693K | $926K | $667K | $1.48M | $52K |
| Operating Income (EBIT) | -$1.08M | -$824K | -$567K | $771K | $503K | -$517K | -$85K | -$939K | -$637K | -$634K | -$52K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $5K | $17K | $3K | $3K | $5K | $13K | $8K | $16K | $11K | $0 | $0 |
| Other Income (Expense) | $387K | -$2.74M | -$4.48M | $1.54M | -$1.26M | -$98K | -$557K | $39K | -$52K | -$874K | -$1.29M |
| Income Before Tax (EBT) | -$697K | -$3.57M | -$5.05M | -$1.71M | -$1.86M | -$575K | -$1.14M | -$900K | -$689K | -$1.51M | -$1.35M |
| Income Tax Expense | $0 | $5K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$697K | -$3.57M | -$5.05M | -$1.71M | -$1.86M | -$575K | -$1.14M | -$900K | -$689K | -$1.51M | -$1.35M |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||||
| EPS | -0.06 | -4.04 | -6.29 | -2.64 | -3.22 | -1.15 | -2.86 | -2.68 | -2.68 | -13.00 | -450.00 |
| Diluted EPS | -0.06 | -4.04 | -6.29 | -2.64 | -3.22 | -1.15 | -2.86 | -2.68 | -2.68 | -13.00 | -450.00 |
| Weighted Average OS | 17.49M | 1.24M | 1.13M | 910,408 | 811,265 | 703,094 | 558,595 | 471,557 | 360,922 | 167,372 | 4,195 |
| EBITDA | -$1.08M | -$3.57M | -$5.08M | $771K | $504K | -$516K | -$84K | -$773K | -$522K | -$637K | -$52K |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $1.81M | $176K | $1.52M | $530K | $1.4M | $2.09M | $1.05M | $884K | $2.2M | $2.96M | $11K |
| Short-Term Investments | $0 | $163K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.81M | $339K | $1.52M | $530K | $1.4M | $2.09M | $1.05M | $884K | $2.2M | $2.96M | $11K |
| Accounts Receivable | $39K | $41K | $3K | $0 | $6K | $0 | $0 | $0 | $0 | $35K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2K |
| Other Current Assets | $681K | $0 | $2.05M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $2.59M | $409K | $3.65M | $569K | $1.46M | $2.14M | $1.14M | $907K | $2.22M | $3.01M | $13K |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $0 | $2.09M | $1.77M | $7.35M | $6.52M | $5.99M | $4.78M | $3.78M | $2.4M | $950K | $492K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $33K | $78K | $27K | $58K | $39K | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.52M | $29K | $36K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15K |
| Total Long-Term Assets | $1.56M | $2.19M | $1.81M | $7.41M | $6.56M | $5.99M | $4.78M | $3.78M | $2.4M | $950K | $508K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $4.15M | $2.6M | $5.45M | $7.98M | $8.02M | $8.12M | $5.92M | $4.69M | $4.62M | $3.96M | $521K |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $228K | $21K | $32K | $45K | $62K | $115K | $31K | $29K | $21K | $294K | $4K |
| Short-Term Debt | $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 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $662 | $0 | $11K | $0 | $149K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $257K | $49K | $71K | $79K | $227K | $135K | $53K | $50K | $41K | $317K | $15K |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $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 |
| Long-Term Deferred Tax Liabilities | $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 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $257K | $49K | $71K | $79K | $227K | $135K | $53K | $50K | $41K | $317K | $15K |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $19.97M | $18.36M | $18M | $15.66M | $14.37M | $13.01M | $10.12M | $8.2M | $7.61M | $6.05M | $230K |
| Retained Earnings | -$19.48M | -$18.73M | -$15.16M | -$10.11M | -$8.4M | -$6.54M | -$5.96M | -$4.82M | -$3.92M | -$3.23M | -$1.73M |
| Comprehensive Income & Other | $3.4M | $2.93M | $2.54M | $2.35M | $1.82M | $1.52M | $1.71M | $1.27M | $885K | $829K | $271K |
| Other Stockholders' Equity | $3.4M | $2.93M | $2.54M | $2.35M | $1.82M | $1.52M | $1.71M | $1.27M | $885K | $829K | $2M |
| Total Equity | $3.89M | $2.55M | $5.38M | $7.9M | $7.79M | $7.99M | $5.87M | $4.64M | $4.58M | $3.64M | $506K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $4.15M | $2.6M | $5.45M | $7.98M | $8.02M | $8.12M | $5.92M | $4.69M | $4.62M | $3.96M | $521K |
| Supplementary Data | |||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$1.81M | -$176K | -$1.52M | -$530K | -$1.4M | -$2.09M | -$1.05M | -$884K | -$2.2M | -$2.96M | -$11K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 |
| Operating Activities | |||||||||||
| Net Income | -$697K | -$3.57M | -$5.05M | -$1.71M | -$1.86M | -$575K | -$1.14M | -$900K | -$689K | -$1.51M | -$1.35M |
| Depreciation & Amortization | $0 | $791 | $339 | $484 | $691 | $988 | $1K | $2K | $1K | $364 | $1.29M |
| Deferred Income Tax | $0 | $0 | $0 | $1.39M | $1.22M | -$101K | $632K | $0 | $0 | $19K | $0 |
| Stock-Based Compensation | $0 | $206K | $173K | $97K | $304K | $155K | $251K | $315 | $83K | $386K | $8K |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | $2K | -$37K | $15K | -$12K | $20K | $55K | -$48K | -$957 | $23K | -$33K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $176K | $30K | -$67K | $75K | -$78K | $42K | -$15K | $3K | -$202K | $136K | $10K |
| Total Working Capital Change | $178K | -$8K | -$53K | $63K | -$58K | $97K | -$63K | $2K | -$180K | $136K | $7K |
| Other Non-Cash Items | -$43K | $2.82M | $4.39M | -$299K | -$88K | $101K | -$157K | $46K | $5K | $844K | -$355 |
| Net Cash from Operating | -$563K | -$556K | -$542K | -$456K | -$483K | -$323K | -$474K | -$535K | -$778K | -$122K | -$37K |
| Investing Activities | |||||||||||
| Capital Expenditures | -$311K | -$1.97M | -$719K | -$1.94M | -$1.77M | -$1.45M | -$1.46M | -$1.3M | -$1.33M | -$241K | -$137K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$296 | $0 |
| Purchases of Investments | -$5K | $0 | $0 | $0 | -$39K | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $21K | $7K | $0 | $0 | $0 | $0 | $0 | $15K | $0 |
| Other Investing Activities | $143K | $793K | -$974K | -$1.93M | -$1.81M | $0 | -$1.46M | $0 | $0 | -$281K | $0 |
| Net Cash from Investing | -$174K | -$1.18M | -$952K | -$1.93M | -$1.81M | -$1.45M | -$1.46M | -$1.3M | -$1.33M | -$522K | -$137K |
| Financing Activities | |||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $1.73M | $390K | $2.48M | $1.52M | $1.61M | $2.82M | $2.09M | $523K | $1.34M | $3.6M | $57K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $654K | $0 | $2.48M | $2K | $1.61M | $3K | $2K | $523 | $1K | $4K | $57 |
| Net Cash from Financing | $2.38M | $390K | $2.48M | $1.52M | $1.61M | $2.82M | $2.09M | $523K | $1.34M | $3.6M | $57K |
| Forex Effect | -$4K | $8K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $1.64M | -$1.34M | $985K | -$873K | -$687K | $1.04M | $162K | -$1.32M | -$764K | $2.95M | -$116K |
| Supplementary Data | |||||||||||
| Operating Cash Flow | -$563K | -$556K | -$542K | -$456K | -$483K | -$323K | -$474K | -$535K | -$778K | -$122K | -$37K |
| Capital Expenditure | $0 | -$1.97M | $1 | -$1.94M | -$1.77M | -$1.45M | -$1.46M | -$1.3M | -$1.33M | -$241K | -$137K |
| Free Cash Flow | -$563K | -$2.53M | -$542K | -$2.4M | -$2.25M | -$1.77M | -$1.93M | -$1.84M | -$2.1M | -$364K | -$173K |
| Cash at Beginning | $171K | $1.52M | $530K | $1.4M | $2.09M | $1.05M | $884K | $2.2M | $2.96M | $11K | $127K |
| Cash at End | $1.81M | $176K | $1.52M | $530K | $1.4M | $2.09M | $1.05M | $884K | $2.2M | $2.96M | $11K |