| Line Item | 2026-04-30 | Q/Q | Y/Y |
|---|---|---|---|
| SG&A Expense | $35K | +18.1% | -51.5% |
| Interest Expense | $0 | — | -100.0% |
| Net Income | -$615K | +50.2% | +18.7% |
| EPS (Basic) | $0.00 | +100.0% | +100.0% |
| EPS (Diluted) | $0.00 | +100.0% | +100.0% |
| Line Item | 2026-04-30 | Q/Q | Y/Y |
|---|---|---|---|
| Accounts Receivable | $20K | +143.9% | -7.6% |
| Current Assets | $8.1M | -1.7% | +206.1% |
| Total Assets | $9.5M | -1.4% | +86.4% |
| Current Liabilities | $670K | -8.9% | -67.5% |
| Total Liabilities | $670K | -8.9% | -72.1% |
| Stockholders' Equity |
| Line Item | 2026-04-30 | Q/Q | Y/Y |
|---|---|---|---|
| Operating Cash Flow | -$2.3M | — | — |
| Investing Cash Flow | $0 | — | — |
| Financing Cash Flow | $7.5M | — | — |
Business Overview
Rise Gold Corp is a mineral exploration company focused on developing the Idaho-Maryland Gold Mine property near Grass Valley, California, which it owns outright. The company is pursuing litigation to establish its constitutionally protected vested right to mine at the property and recently entered a strategic development partnership with Morgan Hughes Energy to advance the project as a U.S.-based gold and critical-minerals asset. The company also commenced a review of historical data indicating significant tungsten deposits at the mine, a metal on the DOE Critical Metals List.
Forward Guidance
"Our plan of operations for the next 12 months is to continue the litigation in pursuit of protecting the Company's property rights under both California state and U.S. federal laws. With a larger cash balance available now, the Company will also aim to continue the work it already started to assess the potential supply of tungsten at the I-M Mine Property." The company expects to "operate at a loss for at least the next 12 months" and estimates it has "sufficient funds to continue as a going concern" based on current working capital, but states "It has no agreements for additional financing and cannot provide any assurance that additional funding will be available to finance its operations on acceptable terms in order to enable it to carry out its business plan long term."
Key Risk Factors
The company faces significant litigation risk, including a recently denied Writ of Mandamus seeking vested mining rights (with plans to appeal) and ongoing Clean Water Act citizen suit proceedings against its subsidiary with trial scheduled for July 2027. Regulatory and permitting risks are substantial, as the mine requires government approvals to operate. The company operates at significant losses with accumulated deficit of $36.7 million and depends on external financing to continue operations, with no current agreements for additional funding beyond the October 2025 $7 million private placement.
| $8.8M |
| -0.7% |
| +227.8% |