Rise Gold Secures $3M Financing Round with Equinox

Rise Gold ( (TSE:RISE) ) has shared an update.

On May 8, 2025, Rise Gold renegotiated its debt agreement with Eridanus Capital LLC, extending the loan maturity date to September 4, 2027, and reducing the interest rate to 15%. This move is part of the company’s strategy to improve its financial position and support the reopening of the Idaho-Maryland Mine. Additionally, Rise Gold successfully closed a $3,000,000 financing round on May 9, 2025, with significant participation from Equinox Partners, which now holds a 19.8% stake in the company. The funds raised will be used for general working capital, debt repayment, and related party fees, further strengthening the company’s operational capabilities.

Spark’s Take on TSE:RISE Stock

According to Spark, TipRanks’ AI Analyst, TSE:RISE is a Underperform.

Rise Gold’s overall stock score reflects severe financial challenges, including zero revenue generation and persistent losses. While technical analysis suggests short-term trading possibilities and a recent financing move could improve financial stability, the poor valuation metrics and lack of income potential make it a high-risk investment with significant concerns for potential investors.

To see Spark’s full report on TSE:RISE stock, click here.

More about Rise Gold

Rise Gold is an exploration-stage mining company incorporated in Nevada, USA. The Company’s principal asset is the historic past-producing Idaho-Maryland Gold Mine located in Nevada County, California, USA.

Average Trading Volume: 47,903

Technical Sentiment Signal: Sell

Current Market Cap: C$6.14M

See more data about RISE stock on TipRanks’ Stock Analysis page.