Thistle Resources (TSXV:TRCG) FCF Margin %: 0.00% (As of Mar. 2026)

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TSXV:TRCG Thistle Resources Inc TSXV:TRCG
12 GF Score
Price C$0.19
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What is Thistle Resources FCF Margin %?

Thistle Resources TSXV:TRCG 12 FCF Margin % is 0.00% as of Mar. 2026. GuruFocus rates TSXV:TRCG with a GF Score™ of 12/100. Among 844 Metals & Mining companies, Thistle Resources ranks worse than 118483.29% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Thistle Resources's Free Cash Flow for the three months ended in Mar. 2026 was C$-1.40 Mil. Thistle Resources's Revenue for the three months ended in Mar. 2026 was C$0.00 Mil. Therefore, Thistle Resources's FCF Margin % for the quarter that ended in Mar. 2026 was 0.00%.

As of today, Thistle Resources's current FCF Yield % is -12.15%.

The historical rank and industry rank for Thistle Resources's FCF Margin % or its related term are showing as below:


TSXV:TRCG's FCF Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: -2.19
* Ranked among companies with meaningful FCF Margin % only.


Thistle Resources FCF Margin % Related Terms


Thistle Resources FCF Margin % Historical Data

* Premium members only.

The historical data trend for Thistle Resources's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thistle Resources FCF Margin % Chart

Thistle Resources Annual Data
Trend Dec22 Dec23 Dec24 Dec25
FCF Margin %
0.00 0.00 0.00 0.00

Thistle Resources Quarterly Data
Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Thistle Resources FCF Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Thistle Resources's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thistle Resources FCF Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Thistle Resources's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Thistle Resources's FCF Margin % falls into.


TSXV:TRCG
12GF Score
Thistle Resources Inc TSXV:TRCG
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thistle Resources FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Thistle Resources's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-0.215/0
= %

Thistle Resources's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-1.4/0
= %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 0.00% mean?
Thistle Resources (TSXV:TRCG) has a FCF Margin % of 0.00% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Thistle Resources and its competitors. According to the industry distribution chart, Thistle Resources ranks #999999 out of 844 companies in the Metals & Mining industry.
Is Thistle Resources' FCF Margin % too high?
Thistle Resources' current FCF Margin % is 0.00%. Based on the distribution chart, Thistle Resources ranks #999999 out of 844 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Thistle Resources has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Thistle Resources' FCF Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Thistle Resources ranks #999999 out of 844 companies for FCF Margin %. This places Thistle Resources in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Metals & Mining company?
A good FCF Margin % depends on the Metals & Mining industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Thistle Resources and its competitors. Thistle Resources's current FCF Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thistle Resources stock overvalued right now?
Thistle Resources (TSXV:TRCG) has a current FCF Margin % of 0.00%. The current FCF Margin % is 0.00%. Thistle Resources' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Thistle Resources (TSXV:TRCG), the current FCF Margin % is 0.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Thistle Resources Business Description

Address 77 King Street West, Suite 3000, TD Centre North Tower, Toronto, ON, CAN, M5K 1G8
Thistle Resources Inc is engaged in base and precious metal exploration in the Bathurst Mining Camp, New Brunswick, and the Cape Breton Highlands Region, Nova Scotia. The company wholly-owns the following mineral exploration projects: Middle River Gold Project; Middle River VMS Project; Celtic Highlands Project and Alba Forks Project. It has acquired the option to purchase the mineral claims associated with the Brunswick Gold-Silver Project.
12GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.19
Price