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Rise Gold ( (TSE:RISE) ) has provided an announcement.
Rise Gold Corp. reported that the Superior Court of California for Nevada County has postponed oral arguments on the company’s Writ of Mandamus regarding its claimed vested right to operate the Idaho-Maryland Mine from January 9, 2026, to March 6, 2026, without providing a reason. The writ seeks to overturn the Nevada County Board of Supervisors’ 2023 rejection of Rise Gold’s vested rights petition, a decision the company argues conflicts with a key California Supreme Court precedent on abandonment of mining rights; management expressed frustration at the delay but emphasized that the case could have significant implications for property and mining rights across California.
The most recent analyst rating on (TSE:RISE) stock is a Hold with a C$0.38 price target. To see the full list of analyst forecasts on Rise Gold stock, see the TSE:RISE Stock Forecast page.
Spark’s Take on TSE:RISE Stock
According to Spark, TipRanks’ AI Analyst, TSE:RISE is a Neutral.
The score is primarily held down by weak financial performance (no revenue, ongoing losses, and continued cash burn). Technicals provide a partial offset with a clear uptrend, but overbought momentum signals add near-term risk. Valuation remains unattractive/unclear given negative earnings and no dividend yield data.
To see Spark’s full report on TSE:RISE stock, click here.
More about Rise Gold
Rise Gold Corp. is a Nevada-incorporated, exploration-stage mining company focused on the historic, past-producing Idaho-Maryland Gold Mine in Nevada County, California, its principal asset and core development project.
Average Trading Volume: 41,413
Technical Sentiment Signal: Buy
Current Market Cap: C$59.05M
For detailed information about RISE stock, go to TipRanks’ Stock Analysis page.