What is Rise Gold Financial Strength?
Rise Gold has the Financial Strength Rank of 6.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
Rise Gold did not have earnings to cover the interest expense.
As of today, Rise Gold's Altman Z-Score is 0.00.
Competitive Comparison of Rise Gold's Financial Strength
For the Gold subindustry, Rise Gold's Financial Strength, along with its competitors' market caps and Financial Strength 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.
Rise Gold's Financial Strength Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Rise Gold's Financial Strength distribution charts can be found below:
* The bar in red indicates where Rise Gold's Financial Strength falls into.
Rise Gold Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Rise Gold's Interest Expense for the
months ended in Jan. 2024 was $-0.09 Mil. Its Operating Income for the
months ended in Jan. 2024 was $-0.73 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil.
Rise Gold's Interest Coverage for the quarter that ended in Jan. 2024 is
| Rise Gold did not have earnings to cover the interest expense. |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Rise Gold's Debt to Revenue Ratio for the quarter that ended in Jan. 2024 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Rise Gold has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
* 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.
Rise Gold (Rise Gold) Business Description
Traded in Other Exchanges
Address
669 Howe Street, Suite 650, Vancouver, BC, CAN, V6C 0B4
Rise Gold Corp is a mineral exploration stage mining company and its primary asset is a major past producing Idaho-Maryland Gold Mine property near Grass Valley, California, United States. The Company conducts its business in one geographical segment located in California, United States, where all of its equipment and mineral property interests are located.
Executives
| Clynton R. Nauman |
director |
C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN STREET, SUITE 400, SALT LAKE CITY UT 84111 |
| Mullin Joseph E Iii |
officer: President and CEO |
C/O RISE GOLD CORP., SUITE 215, 333 CROWN POINT CIRCLE, GRASS VALLEY CA 95945 |
| Lawrence Ward Lepard |
director, 10 percent owner |
211 GROVE STREET, WELLESLEY MA 02482 |
| Daniel Jr Oliver |
10 percent owner |
713 SILVERMINE ROAD, NEW CANAAN CT 06840 |
| Vince Boon |
officer: Chief Financial Officer |
C/O SOUTHERN ARC MINERALS INC., SUITE 650, 669 HOWE STREET, VANCOUVER A1 V6C 0B4 |
| John Proust |
director |
C/O SOUTHERN ARC MINERALS INC., SUITE 650, 669 HOWE STREET, VANCOUVER A1 V6C 0B4 |
| V B S Exchange Pty Ltd |
10 percent owner |
LEVEL 12, 644 CHAPEL ST, SOUTH YARRA C3 3141 |
| Murray Guinn Flanigan |
director |
SUITE 602 - 1088 WEST 14TH AVENUE, VANCOUVER A1 V6H 0A6 |
| Thomas I. Vehrs |
director |
6833 YAMPA DRIVE, LARKSPUR CO 80118 |
| Benjamin Mossman |
director, officer: CEO |
488 - 1090 WEST GEORGIA STREET, VANCOUVER A1 V6E 3V7 |
| V B S Investments Pty Ltd |
10 percent owner |
LEVEL 12, 644 CHAPEL ST, SOUTH YARRA C3 3141 |
| Southern Arc Minerals Inc |
10 percent owner |
650-669 HOWE STREET, VANCOUVER A1 V6C 0B4 |
| Brian Cale Thomas |
director, officer: CFO |
488 - 1090 WEST GEORGIA STREET, VANCOUVER A1 V6E 3V7 |
| Bradley Scharfe |
director, 10 percent owner |
488 - 1090 WEST GEORGIA STREET, VANCOUVER A1 V6E 3V7 |
| Alan R Edwards |
director, officer: Chairman of the Board |
8121 N. FAIRWAY VIEW DR., TUCSON AZ 85742 |
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