Rise Gold Corp. Files Q1 2025 10-Q
Ticker: RYES · Form: 10-Q · Filed: Dec 16, 2024 · CIK: 1424864
| Field | Detail |
|---|---|
| Company | Rise Gold Corp. (RYES) |
| Form Type | 10-Q |
| Filed Date | Dec 16, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 18 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, mining, financials
TL;DR
Rise Gold Corp. 10-Q filed. Q1 2025 financials out.
AI Summary
Rise Gold Corp. filed a 10-Q for the period ending October 31, 2024. The company, formerly known as Rise Resources Inc., is incorporated in Nevada and operates in the Metal Mining sector. Their business address is in Vancouver, BC.
Why It Matters
This filing provides investors with an update on Rise Gold Corp.'s financial performance and operational status for the first quarter of fiscal year 2025.
Risk Assessment
Risk Level: medium — As a mining company, Rise Gold Corp. is subject to inherent risks associated with exploration, development, and commodity price fluctuations.
Key Numbers
- Q1 2025 — Fiscal Quarter (Reporting period for this 10-Q filing)
- 2024-10-31 — Fiscal Year End (End date of the reporting period)
Key Players & Entities
- Rise Gold Corp. (company) — Filer
- 2024-10-31 (date) — Reporting Period End Date
- 2024-12-16 (date) — Filing Date
- Nevada (location) — State of Incorporation
- Vancouver, BC (location) — Business Address
- Rise Resources Inc. (company) — Former Company Name
FAQ
What is the primary business of Rise Gold Corp.?
Rise Gold Corp. is primarily engaged in Metal Mining, as indicated by its SIC code [1000].
When was this 10-Q filing submitted?
This 10-Q filing was submitted on December 16, 2024.
What was Rise Gold Corp.'s former name?
Rise Gold Corp. was formerly known as Rise Resources Inc., with a name change effective January 15, 2015.
Where is Rise Gold Corp. headquartered?
Rise Gold Corp.'s business address is Suite 650, 669 Howe Street, Vancouver, BC, V6C 0B4.
What is the fiscal year end for Rise Gold Corp.?
Rise Gold Corp.'s fiscal year ends on July 31.
Filing Stats: 4,605 words · 18 min read · ~15 pages · Grade level 15.5 · Accepted 2024-12-16 16:28:53
Filing Documents
- form10q.htm (10-Q) — 932KB
- exhibit31-1.htm (EX-31.1) — 7KB
- exhibit31-2.htm (EX-31.2) — 7KB
- exhibit32-1.htm (EX-32.1) — 3KB
- exhibit32-2.htm (EX-32.2) — 3KB
- 0001062993-24-020664.txt ( ) — 5788KB
- ryes-20241031.xsd (EX-101.SCH) — 70KB
- ryes-20241031_cal.xml (EX-101.CAL) — 30KB
- ryes-20241031_def.xml (EX-101.DEF) — 198KB
- ryes-20241031_lab.xml (EX-101.LAB) — 716KB
- ryes-20241031_pre.xml (EX-101.PRE) — 333KB
- form10q_htm.xml (XML) — 802KB
- 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, 2024. RISE GOLD CORP. (AN EXPLORATION STAGE COMPANY) CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS PERIOD ENDED OCTOBER 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 October 31, 2024 July 31, 2024 ASSETS Current Cash and cash equivalents (Note 3) $ 279,685 $ 243,669 Receivables 11,153 21,971 Prepaid expenses (Note 4) 152,145 117,468 Assets held for sale (Note 5) 511,530 511,530 Total current assets 954,513 894,638 Non-current Mineral property interests (Note 5) 4,128,053 4,149,053 Deferred financing asset (Note 11) 111,478 111,707 Total assets $ 5,194,044 $ 5,155,398 LIABILITIES AND STOCKHOLDERS' EQUITY Current Accounts payable and accrued liabilit