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Rain City Resources Inc. (C:RAIN)

Business Focus: Non-Gold Precious Metals & Minerals (NEC)

Sector:  Basic Materials Industry:  Non-Gold Precious Metals & Minerals
 
Company Contact
Address: 3043 - 595 Burrard St, Null
Vancouver BC V7X 1J1
Tel: N/A
Website: N/A
IR: N/A
Key People
Richard Penn
Chief Executive Officer, President, Promotor, Director
Roman Rubin
Chief Financial Officer, Secretary, Promotor, Director
 
Business Overview
Rain City Resources Inc. is a Canada-based company, whose principal business activities include the acquisition and exploration of mineral property assets. It has an option to acquire a 100% undivided interest in the Northern Champion Project located near Champion Creek, south-west of Tulameen, Princeton area British Columbia. The Company also acquired an option to purchase a 100% interest in four mineral claims located in Yukon, collectively known as the Bro Property. The Company has not generated any revenue.
Financial Overview
For the three months ended 31 December 2023, Rain City Resources Inc revenues was not reported. Net loss increased 57% to C$26K. Higher net loss reflects Transfer agent and filing fees increase from C$1K to C$14K (expense), Accounting fee increase of 81% to C$27K (expense), Bank charges and interest increase from C$0K to C$1K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $1.37M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$0.11M as of Dec 31, 2023
Net annual income (TTM): -$0.22M as of Dec 31, 2023
Free cash flow (TTM): -$0.06M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 36,031,863 as of Feb 7, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization