Rise Gold Corp. Files 10-Q for Period Ending January 31, 2024

TL;DR

<b>Rise Gold Corp. has filed its quarterly report (10-Q) for the period ending January 31, 2024.</b>

AI Summary

Rise Gold Corp. (RYES) filed a Quarterly Report (10-Q) with the SEC on March 18, 2024. Rise Gold Corp. filed a 10-Q for the period ending January 31, 2024. The filing covers the second quarter of fiscal year 2024. The company's fiscal year ends on July 31. The filing was made on March 18, 2024. The company was formerly known as Rise Resources Inc.

Why It Matters

For investors and stakeholders tracking Rise Gold Corp., this filing contains several important signals. This filing provides investors with an update on the company's financial performance and operational status for the second quarter of fiscal year 2024. As a mining company, the details within this 10-Q are crucial for understanding its progress in exploration, development, and potential production activities.

Risk Assessment

Risk Level: low — Rise Gold Corp. shows low risk based on this filing. The filing is a standard 10-Q, which is a routine quarterly report and does not contain significant new risks or material adverse events.

Analyst Insight

Monitor future filings for updates on the company's exploration and development progress at the Idaho-Maryland Gold Mine Property.

Key Numbers

• 2024-01-31 — Reporting Period End Date (The 10-Q filing is for the period ending January 31, 2024.)
• 2024-03-18 — Filing Date (The 10-Q was filed on March 18, 2024.)
• 0731 — Fiscal Year End (Rise Gold Corp.'s fiscal year ends on July 31.)

Key Players & Entities

• Rise Gold Corp. (company) — Filer of the 10-Q
• 2024-01-31 (date) — Period ending date for the 10-Q
• 2024-03-18 (date) — Filing date of the 10-Q
• Rise Resources Inc. (company) — Former name of Rise Gold Corp.
• Idaho-Maryland Gold Mine Property (company) — Key asset mentioned in relation to the company

FAQ

Industry Context

Rise Gold Corp. operates in the metal mining industry, focusing on gold exploration and development.

Regulatory Implications

As a publicly traded company, Rise Gold Corp. is subject to SEC regulations and reporting requirements, including the filing of quarterly 10-Q reports.

What Investors Should Do

1. Review the full 10-Q filing for detailed financial statements and management discussion.
2. Track future SEC filings for updates on the company's operational progress and any new disclosures.
3. Research the company's specific projects, such as the Idaho-Maryland Gold Mine Property, for potential value drivers.

Key Dates

• 2024-01-31: Quarterly Period End — End of the reporting period for the 10-Q filing.
• 2024-03-18: 10-Q Filing Date — Date Rise Gold Corp. submitted its quarterly report.

Year-Over-Year Comparison

This is the initial filing analyzed for the period ending January 31, 2024. No prior period comparison is available within this specific document.

Filing Documents

• form10q.htm (10-Q) — 1079KB
• exhibit31-1.htm (EX-31.1) — 6KB
• exhibit31-2.htm (EX-31.2) — 6KB
• exhibit32-1.htm (EX-32.1) — 2KB
• exhibit32-2.htm (EX-32.2) — 2KB
• 0001062993-24-006630.txt (&nbsp;) — 5380KB
• ryes-20240131.xsd (EX-101.SCH) — 62KB
• ryes-20240131_cal.xml (EX-101.CAL) — 28KB
• ryes-20240131_def.xml (EX-101.DEF) — 169KB
• ryes-20240131_lab.xml (EX-101.LAB) — 648KB
• ryes-20240131_pre.xml (EX-101.PRE) — 285KB
• form10q_htm.xml (XML) — 722KB

- FINANCIAL INFORMATION

PART I - FINANCIAL INFORMATION

FINANCIAL STATEMENTS

ITEM 1. FINANCIAL STATEMENTS. The condensed consolidated interim financial statements of Rise Gold Corp. ("we", "us", "our", the "Company", or the "registrant"), a Nevada corporation, included herein were prepared, without audit, pursuant to rules and regulations of the Securities and Exchange Commission. Because certain information and notes normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America were condensed or omitted pursuant to such rules and regulations, the condensed consolidated interim financial statements should be read in conjunction with the financial statements and notes thereto included in the audited financial statements of the Company in the Company's Form 10-K for the fiscal year ended July 31, 2023. RISE GOLD CORP. (AN EXPLORATION STAGE COMPANY) CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS PERIOD ENDED JANUARY 31, 2024 INDEX TO CONSOLIDATED FINANCIAL STATEMENTS: Page Consolidated Interim Balance Sheets 1 Consolidated Interim Statements of Loss and Comprehensive Loss 2 Consolidated Interim Statements of Cash Flows 3 Consolidated Interim Statements of Stockholders' Equity 4 Notes to Unaudited Consolidated Interim Financial Statements 5 RISE GOLD CORP. (An Exploration Stage Company) CONDENSED CONSOLIDATED INTERIM BALANCE SHEETS (Expressed in United States Dollars) (Unaudited) AS AT January 31, 2024 July 31, 2023 ASSETS Current Cash and cash equivalents (Note 3) $ 568,505 $ 758,272 Receivables 14,434 82,529 Prepaid expenses (Note 4) 107,287 140,042 Total current assets 690,226 980,843 Non-current Mineral property interests (Note 5) 4,149,053 4,149,053 Equipment (Note 6) 517,143 528,465 Total assets $ 5,356,422 $ 5,658,361 LIABILITIES AND STOCKHOLDERS' EQUITY Current Accounts payable and accrued liabilities $ 805,864 $ 457,412 Loan payable (Note 9) 1,6

View Full Filing

View this 10-Q filing on SEC EDGAR