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Rain City Resources Inc. (C:RAIN)

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

Get the company report for the most recent outlook updated daily

Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for RAIN within the last 6 months
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Company News

Jun 06, 2022 10:44 ET
Early Warning Press Release Regarding Investment in Rain City Resources Inc
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2022) - 1300214 B.C. Ltd. (the "Acquiror") acquired 10,000,000 shares (the "Shares") of Rain City Resources Inc. (the "Reporting Issuer" or "Company") on May 24, 2022. The Acquiror previously held 3,333,333 Shares, or 20.92% of the issued and outstanding common shares of the Company, and 3,333,333 warrants. Assuming exercise of the 3,333,333 warrants, 6,666,666 Shares of the Reporting Issuer will be held by the Acquiror representing 25.61% of the Reporting Issuer's Shares.
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May 13, 2022 17:56 ET
CSE Bulletin: Consolidation - Rain City Resources Inc. (RAIN)
Toronto, Ontario--(Newsfile Corp. - le 13 mai/May 2022) - Rain City Resources Inc. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every three (3) pre-consolidated common shares.
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Valuation Ratios

Industry
Sector
Beta
0.49
--
--
Price to Sales - TTM
--
8.06
4.51
Price to Book - most recent quarter
--
1.98
1.98
Price to Cash Flow per share - TTM
--
2.48
9.58
Price to Free Cash Flow per share - TTM
--
18.78
20.17
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Nov 30, 20233720
Dec 31, 196900
Dec 31, 196900
See Short Report

Business Summary

Sector:  Basic Materials Industry:  Non-Gold Precious Metals & Minerals

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.

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