Companies · Mining & Resources

Reyna Silver Corp. / BC

VANCOUVER · Mining & Resources · refined from filed group “Other

Diligence memoA one-page analyst read on Reyna Silver Corp. / BC — recommendation, valuation, rhythm, risks.
$2.4M
Total raised · real
3
Rounds
1.3×
Latest step-up
Top 47%
Sector rank · raised
Seed
Latest stage · inferred · Wed Mar 06 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Reyna Silver Corp. / BC looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.54× the median modeled value of Seed Mining & Resources companies in 2022–2024 (63 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.3 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Mining & Resources

Reyna Silver Corp. / BC is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 54% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
28
Investors (latest)
2024-03-06
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$2.5M$5.0M$7.5M$10MSeed · 2021-06-22 Raised $1.2M (real) Modeled valuation $5.5M (est)$1.2M$5.5MSeed2021Seed · 2023-02-23 Raised $535K (real) Modeled valuation $1.8M (est)$535K$1.8MSeed2023Seed · 2024-03-06 Raised $685K (real) Modeled valuation $1.9M (est)$685K$1.9MSeed2024+$535K+$685KCumulative $2.4M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.2M · 2021
Seed extension$535K · 2023
Seed extension$685K · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$1.9M
Base estimate est.
$586K
Conservative case
$5.6M
Upside case
$3.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Seed · modeled $5.5M · 2021-06-222021Seed · modeled $1.8M · 2023-02-23Seed · modeled $1.9M · 2024-03-062024
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 59% high
1.19×/yr
Annual markup
1.56×/yr upside case
2.3 yr
Elapsed time used
2.3 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$899K/yr
Capital velocity
5.0 yr
On record since
2021
First round
3
Rounds on file
How it compares to the market

Benchmarked against 701 companies in Mining & Resources. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.1× above median
This company$2.4M
Sector median$2.3M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.6× of median
This company$685K
Sector median$1.1M
Modeled value — vs sector median (estimate, all stages) 0.8× of median
This company$1.9M
Sector median$2.5M

Raised more than 54% of sector peers (real $). Modeled value above 47% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #46 of 63.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Medusa Mining Ltd · Seed Raised $3.8M · modeled $15.6M (est)HighGold Mining Inc. · Seed Raised $12.5M · modeled $13.2M (est)Modern Mining Technology Corp. · Seed Raised $3.3M · modeled $13.2M (est)Only Gold Development Ltd Liability Co · Seed Raised $3.5M · modeled $12.9M (est)Rex Gold Partners, LLC · Seed Raised $3.5M · modeled $12.7M (est)Cornish Metals Inc. · Seed Raised $3.2M · modeled $12.6M (est)Newport Mining LLC · Seed Raised $3.0M · modeled $11.6M (est)Quartz Lake Mining, Inc · Seed Raised $3.0M · modeled $10.0M (est)Transatlantic Gold, Corp. · Seed Raised $2.5M · modeled $9.5M (est)Military Metal Art HoldCo, LLC · Seed Raised $3.1M · modeled $8.8M (est)Snowline Gold Corp. · Seed Raised $3.1M · modeled $8.5M (est)Northern Vertex Mining Corp. · Seed Raised $2.8M · modeled $7.9M (est)Reyna Silver Corp. / BC (this company) Raised $2.4M · modeled $1.9M (est)Reyna Silver Corp. / BC
CompanyStageRaised · realValue · estvs peer med.
Medusa Mining LtdSeed$3.8M$15.6M4.35×
HighGold Mining Inc.Seed$12.5M$13.2M3.69×
Modern Mining Technology Corp.Seed$3.3M$13.2M3.68×
Only Gold Development Ltd Liability CoSeed$3.5M$12.9M3.59×
Rex Gold Partners, LLCSeed$3.5M$12.7M3.55×
Cornish Metals Inc.Seed$3.2M$12.6M3.51×
Newport Mining LLCSeed$3.0M$11.6M3.24×
Quartz Lake Mining, IncSeed$3.0M$10.0M2.79×
Transatlantic Gold, Corp.Seed$2.5M$9.5M2.65×
Military Metal Art HoldCo, LLCSeed$3.1M$8.8M2.45×
Snowline Gold Corp.Seed$3.1M$8.5M2.38×
Northern Vertex Mining Corp.Seed$2.8M$7.9M2.19×
Reyna Silver Corp. / BC this companySeed$2.4M$1.9M0.54×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.2M2021-06-22$6.1M$5.5M90%
Seed$535K2023-02-23$2.7M$1.8M90%
Seed$685K2024-03-06$3.4M$1.9M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.2M2021-06-22
    • First recorded raise — entered as Seed.
    • 18 investors on this round.
  2. Seed$535K2023-02-23
    • Raised again after 20 mo — slower than the ~11 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  3. Seed$685K2024-03-06
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 28 investors on this round.
Intelligence
2025 ~Q3
Modeled next raise · ~16mo cadence
$878K
Modeled next size est.range $685K$1.4M
1.3×
Last step-up
$899K/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Michael Wood9 other2023-02
Jorge Ramiro Monroy4 other2021-06
Peter Jones4 other2023-02
ALEXANDER LANGER2 other2023-02
Alexander Ramiro Langer2 other2021-06
Carmen Amezquita1 other2024-03
Michael Ramiro Wood1 other2021-06
Carmen Ramiro Amezquita2023-02
Evaristo James Andrew Trevino2024-03
Evaristo Trevino Berlanga2021-06
Michael James Andrew Wood2024-03
Peter Ramiro Jones2021-06
Peter Rhys Jones2024-03
Registry & provenance

Reyna Silver Corp. / BC is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1877291
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Sierra Madre Gold & Silver Ltd.Mining & ResourcesSeed$4.0M$8.1Mnetwork2 shared operators · same sector · same stage
Reyna Gold Corp.Mining & ResourcesPre-Seed$619K$3.1Mnetwork3 shared operators · same sector
1911 Gold CorpMining & ResourcesSeed$1.2M$2.5Mnetwork1 shared operator · same sector · same stage
Reyna Silver Corp.Mining & ResourcesPre-Seed$146K$972Knetwork2 shared operators · same sector
Westhaven Gold Corp.Mining & ResourcesSeed$2.4M$708Ksame sector · same stage
Guardian Metal Resources PLCMining & ResourcesSeed$2.4M$1.3Msame sector · same stage
Silver Bow Mining Corp.Mining & ResourcesSeed$2.4M$2.6Msame sector · same stage
Aftermath Silver Ltd.Mining & ResourcesSeed$2.4M$834Ksame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Reyna Silver Corp.Mining & ResourcesPre-Seed$972K97%
Reyna Gold Corp.Mining & ResourcesPre-Seed$3.1M92%
Kuya Silver Corp./BCMining & ResourcesSeed$2.9M85%
Pacifica Silver Corp.Mining & ResourcesSeed$2.8M84%
Toro Silver Corp.Mining & ResourcesSeed$2.8M83%
Silver X Mining Corp.Mining & ResourcesSeed$4.4M83%
Summa Silver CorpMining & ResourcesPre-Seed$915K83%
Nevada Silver CorpMining & ResourcesSeed$5.1M83%
Frequently asked
How much funding has Reyna Silver Corp. / BC raised?
Reyna Silver Corp. / BC has raised approximately $2.4M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Reyna Silver Corp. / BC's estimated valuation?
Provath's modeled valuation for Reyna Silver Corp. / BC is approximately $1.9M (modeled range $586K–$5.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Reyna Silver Corp. / BC at?
Reyna Silver Corp. / BC's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Mar 06.
What does Reyna Silver Corp. / BC do and where is it based?
Reyna Silver Corp. / BC operates in the Mining & Resources sector, based in VANCOUVER.
Explore related

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