Ranger Gold Corp. Files 10-Q for Period Ending December 31, 2023

TL;DR

<b>Ranger Gold Corp. filed its Q3 2024 10-Q on February 26, 2024, detailing financial performance for the period ending December 31, 2023.</b>

AI Summary

Ranger Gold Corp. (RNGC) filed a Quarterly Report (10-Q) with the SEC on February 26, 2024. Ranger Gold Corp. filed a 10-Q for the period ending December 31, 2023. The filing covers the third quarter of fiscal year 2024. The company's fiscal year ends on March 31st. The filing was made on February 26, 2024. The company's SIC code is GOLD & SILVER ORES [1040].

Why It Matters

For investors and stakeholders tracking Ranger Gold Corp., this filing contains several important signals. This 10-Q provides investors with an updated view of Ranger Gold Corp.'s financial health and operational performance for the most recent fiscal quarter. Understanding the details within this filing is crucial for assessing the company's current standing in the gold and silver mining sector and its future prospects.

Risk Assessment

Risk Level: low — Ranger Gold Corp. shows low risk based on this filing. The filing is a standard 10-Q, indicating routine financial reporting rather than an immediate crisis or significant positive development.

Analyst Insight

Monitor future filings for trends in revenue, net income, and debt levels to assess Ranger Gold Corp.'s financial trajectory.

Key Numbers

• 2023-12-31 — Period End Date (Fiscal period ending date)
• 2024-02-26 — Filing Date (Date the 10-Q was filed)
• 0331 — Fiscal Year End (Company's fiscal year end month and day)
• 1040 — SIC Code (Standard Industrial Classification for Gold & Silver Ores)

Key Players & Entities

• Ranger Gold Corp. (company) — Filer name
• 20231231 (date) — Period of report
• 20240226 (date) — Filed as of date
• 0001434740 (company) — Central Index Key
• 1040 (industry) — Standard Industrial Classification: GOLD & SILVER ORES
• 743206736 (company) — IRS Number
• 0331 (date) — Fiscal year end
• FENARIO INC (company) — Former company name

FAQ

Industry Context

Ranger Gold Corp. operates within the Gold & Silver Ores industry, a sector characterized by commodity price volatility and exploration risks.

Regulatory Implications

As a publicly traded company, Ranger Gold Corp. is subject to SEC regulations, including timely filing of quarterly reports (10-Q) to ensure transparency for investors.

What Investors Should Do

1. Review the full 10-Q document for detailed financial statements and management discussion.
2. Analyze any disclosed risk factors or subsequent events mentioned in the filing.
3. Compare the reported figures with previous quarters and industry benchmarks.

Key Dates

• 2023-12-31: Fiscal Period End — End of the reporting period for the 10-Q filing.
• 2024-02-26: Filing Date — Date Ranger Gold Corp. submitted its 10-Q to the SEC.

Year-Over-Year Comparison

This is the first 10-Q filing analyzed for Ranger Gold Corp. in this format, so a direct comparison to a previous filing is not available.

Filing Documents

• rngr_10q.htm (10-Q) — 409KB
• rngr_ex101.htm (EX-10.1) — 53KB
• rngr_ex311.htm (EX-31.1) — 13KB
• rngr_ex312.htm (EX-31.2) — 13KB
• rngr_ex321.htm (EX-32.1) — 4KB
• rngr_ex101img4.jpg (GRAPHIC) — 2KB
• 0001477932-24-000898.txt (&nbsp;) — 1921KB
• rngr-20231231.xsd (EX-101.SCH) — 19KB
• rngr-20231231_lab.xml (EX-101.LAB) — 109KB
• rngr-20231231_cal.xml (EX-101.CAL) — 20KB
• rngr-20231231_pre.xml (EX-101.PRE) — 87KB
• rngr-20231231_def.xml (EX-101.DEF) — 31KB
• rngr_10q_htm.xml (XML) — 182KB

—FINANCIAL INFORMATION

PART I—FINANCIAL INFORMATION

FINANCIAL STATEMENTS

ITEM 1. FINANCIAL STATEMENTS. Ranger Gold Corp. Balance Sheets As of As of December 31, 2023 (Unaudited) March 31, 2023 (Audited) CURRENT ASSETS $ - $ - TOTAL CURRENT ASSETS - - TOTAL ASSETS $ - $ - LIABILITIES CURRENT LIABILITIES Accounts Payable 2,243 3,243 TOTAL CURRENT LIABILITIES 2,243 3,243 TOTAL LIABILITIES 2,243 3,243 COMMITMENTS AND CONTINGENCIES $ - $ - STOCKHOLDER'S EQUITY Common stock ($ 0.0001 par value; 500,000,000 shares authorized; 248,020,000 and 248,020,000 shares issued and outstanding at December 31, 2023 and March 31, 2023, respectively) 24,802 24,802 Preferred stock ($ 0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding at December 31, 2023 and March 31, 2023, respectively) - - Additional Paid in Capital 1,134,659 1,097,084 Accumulated Deficit ( 1,161,704 ) ( 1,125,129 ) TOTAL STOCKHOLDER'S EQUITY (DEFICIT) ( 2,243 ) ( 3,243 ) TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY/(DEFICIT) $ - $ - The accompanying notes are an integral part of these financial statements. 2 Ranger Gold Corp. For the Three Months Ended December 31, For the Nine Months Ended December 31, 2023 2022 (Restated) 2023 2022 (Restated) Sales $ - $ - $ - $ - Total Revenue $ - $ - $ - $ - EXPENSES: Selling, General and Administrative - - - - Filing Fees - - - 748 Professional Fees 23,975 3,600 36,575 15,385 Total Expense 23,975 3,600 36,575 16,133 Loss from operations $ ( 23,975 ) $ ( 3,600 ) $ ( 36,575 ) $ ( 16,133 ) Provision for Income Taxes $ - $ - $ - $ - NET LOSS $ ( 23,975 ) $ ( 3,600 ) $ ( 36,575 ) $ ( 16,133 ) Weighted average common shares outstanding, basic and fully diluted 248,020,000 248,020,000 248,020,000 248,020,000 Basic and fully diluted net loss per common share: $ ( 0.00 )

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. Cautionary statement regarding forward-looking statements The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our financial statements and related notes appearing elsewhere in this Quarterly Report on Form 10-Q, or Report. The information in this discussion and elsewhere in this Report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Such statements are based upon current expectations that involve risks and uncertainties. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. For example, the words "may," "will," "believe," "anticipate," "plan," "expect," "intend," "could," "estimate," "continue" and similar expressions or variations identify forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this Report, we caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, about which we cannot be certain. We caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and the development of the industry in which we operate may differ materially from the forward-looking statements contained in this Report. Factors that might cause such a discrepancy include, but are not limited to: Our ability to obtain financing as and when needed on acceptable terms. Our management's inexperience in the mining industry. Our lack of mining properties and the difficulties we will encounter in identifying and completi

View Full Filing

View this 10-Q filing on SEC EDGAR