Diligence memo · auto-generated · as of July 2, 2026
Rua Gold Inc.
Rua Gold Inc. looks over-valued against its niche peers and is active on financing cadence.
Businessfiled
Rua Gold Inc. operates in Mining & Resources, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Rua Gold Inc. has raised $16M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $10M on 2026-01-28.
Most recent recorded round closed around 2026-01-28.
Valuation (modeled)modeled
Provath models Rua Gold Inc. at approximately $25M (range $13M–$38M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.03× the median modeled value of Series A Mining & Resources companies in 2025–2027 (40 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 15 months.
Last raise 5 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 1.9× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 88% of Mining & Resources peers (701 compared).
Modeled value ranks above 90% of those peers.
Closest niche peers: Fortitude Gold Corp, San Cristobal Mining Inc., Torngat Metals Ltd, Red Metals, Inc., West Point Gold Corp..
Peoplefiled
12 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.