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Record Resources Inc.

Company price
0.07 CAD -0.01 ( 6.67%)
Last update at 2026-11-04T19:53:00Z
VOLUME
68000
Market Cap
9.85M

Momentum Score

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Record Resources Inc., an energy exploration and production company, focuses on acquiring and developing international and national energy projects. The company holds an option to acquire the Ngulu Oil block project located in shallow offshore water in central Gabon. It owns natural hydrogen and gold exploration properties in Ontario. The company was formerly known as Silk Road Energy Inc. and changed its name to Record Resources Inc. in April 2023. Record Resources Inc. was incorporated in 2010 and is headquartered in Calgary, Canada.

Source: TradingView
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Day Price Range
0.07
Low
0.07
High
52 Week Price Range
0.01
Low
0.09
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Record Resources Inc. (REC.V) is a TSX Venture–listed junior mineral exploration company focused on advancing exploration-stage projects in Canada, according to public filings. Its long-term growth drivers may include successful discovery and resource delineation, project advancement toward development and favorable commodity prices; investors may find exposure to upside in metal markets at an early-stage valuation attractive.
The most important investment risks are high exploration and execution risk, including uncertain drilling outcomes, ongoing need for financing that could dilute shareholders, sensitivity to commodity prices and permitting or operational setbacks.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.07
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-182.32%
Net Debt
0.01M
ROCE
-327.17%
Diluted EPS TTM
-0.02

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Type yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Income before tax -1.38M -2.10M -0.77M 0.29M
Net income -1.38M -2.10M -0.77M 0.29M
Selling general administrative 1.36M 0.09M 0.10M 0.08M
Operating income -1.36M -0.09M -0.10M -0.09M
Interest expense 0.00M 0.00M 0.00M -
Net interest income -0.00M -0.00M 0.00M -
Total revenue 0.00M 0.00M 0.00M 0.00M
Total operating expenses 1.36M 0.09M 0.10M 0.09M
Total other income expense net -0.01M -2.00M -0.67M 0.39M
Net income from continuing ops -1.38M -2.10M -0.77M 0.29M
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Type yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Total assets 1.50M 0.00M 0.00M 0.46M
Total liab 1.09M 0.34M 0.29M 0.26M
Total stockholder equity 0.42M -0.33M -0.28M 0.20M
Capital stock 5.99M 4.22M 2.18M 1.90M
Retained earnings -6.13M -4.75M -2.65M -1.88M
Cash 0.01M 0.00M 0.00M 0.04M
Total current liabilities 1.09M 0.34M 0.29M 0.13M
Net debt 0.01M 0.02M - 0.09M
Short long term debt 0.02M 0.03M - -
Total current assets 0.01M 0.00M 0.00M 0.04M
Net receivables - - - 0.00M
Long term debt - - - 0.12M
Accounts payable 0.93M 0.15M 0.14M 0.12M
Non current assets total 1.50M 0.00M 0.00M 0.42M
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Type yearly yearly yearly yearly
Date 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Net borrowings -0.01M 0.03M 0.00M -
Total cash from financing activities 0.41M 0.09M 0.06M 0.16M
Net income -1.38M -2.10M -0.77M 0.29M
Change in cash 0.00M -0.00M -0.04M 0.04M
Begin period cash flow 0.00M 0.00M 0.04M 0.00M
End period cash flow 0.01M 0.00M 0.00M 0.04M
Total cash from operating activities -0.35M -0.08M -0.07M -0.12M
Issuance of capital stock 0.43M 0.05M 0.05M 0.09M
Change to account receivables - - - 0.00M
Capital expenditures 0.06M 0.00M 0.02M 0.01M
Change in working capital 0.77M 0.01M 0.03M -0.04M
Other non cash items 0.26M - - 0.32M
Free cash flow -0.41M -0.09M -0.09M -0.12M

Peer Comparison*

Sector: Energy Industry: Oil & Gas E&P

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
REC
Record Resources Inc.
-0.01
6.67%
0.07 - - 68.54 5.42 126.29 -9.88
LGN
Logan Energy Corp
0.01
1.01%
1.50 15.00 14.99 3.80 1.96 3.98 5.87
RECO
Reconnaissance Energy Africa Ltd
-0.02
3.85%
0.50 - - 10.07 2.29 11.64 -7.57
CEI
Benchmark Metals Inc
0.01
0.75%
0.68 - 27.03 23.27 2.66 20.42 1369.65
EOG
Eco Atlantic Oil & Gas Ltd
0.02
2.56%
0.80 - 1.05 145.60 16.68 158.20 -25.23

Profile*

Record Resources Inc.

Record Resources Inc., an energy exploration and production company, focuses on acquiring and developing international and national energy projects. The company holds an option to acquire the Ngulu Oil block project located in shallow offshore water in central Gabon. It owns natural hydrogen and gold exploration properties in Ontario. The company was formerly known as Silk Road Energy Inc. and changed its name to Record Resources Inc. in April 2023. Record Resources Inc. was incorporated in 2010 and is headquartered in Calgary, Canada.

520 3rd Avenue SW, Calgary, AB, Canada, T2P 0R3

Name Title Year Born
Mr. Michael C. Judson Chairman & CEO NA
Ms. Nathalie Kavanagh Interim CFO & Director NA
Mr. Robert Kramberger Vice President of Investor Relations NA
Mr. David A. Johnson Corporate Secretary, Legal Counsel & Director 1969
Mr. Edward Procyshyn Vice President of Exploration NA
Mr. David A. Johnson Corporate Secretary, Legal Counsel & Independent Director 1969
Mr. Alain Mizelle President & COO NA
Mr. David A. Johnson Corporate Secretary & Legal Counsel 1969
Ms. Nathalie Kavanagh CFO & Director NA
Mr. David A. Johnson Corporate Secretary & Legal Counsel and Director 1969

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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