Rafex Gold Corp. (RAFX)
Currently in its development phase, Rafex Gold Corp. is strategically focused on the natural resource sector in Russia. A primary objective for the company involves securing ownership of a gold mining property, spanning roughly 20 square kilometers, situated in Buryatia's North Baikal region. Beyond its mining ambitions, the firm also intends to undertake forestry operations within Buryatia, providing both unhewn logs and processed lumber. The entity, originally named Sakha Enterprises Corporation, officially adopted its current designation of Rafex Gold Corp. in September 2022. Established in the year 2000, the company's main office is located in Toronto, Canada.
Sector: Gold and Silver Ores
Industry: Gold
Rafex Gold Corp.
OTC:RAFXBasic Materials · Gold
Mkt Cap-
Float-
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$153K
Total Assets$1.14M
Free Cash Flow-$194K
Debt & Equity
Debt 213%
Preferred 0%
Total Debt$2.04M
Total Equity-$1.08M
Preferred Stock$100
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in RAFX's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.14M
Liabilities$2.22M
Accounts Receivable$0
Accounts Payable$99K
Inventory$0
PP&E (Net)$177K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $153K | $90K | $97K | $51K | $10K | $2K | $1K | $100 |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $153K | $90K | $97K | $51K | $10K | $2K | $1K | $100 |
| Operating Income (EBIT) | -$153K | -$90K | -$97K | -$51K | -$10K | -$2K | -$1K | -$100 |
| Operating Margin | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $0 | $0 | -$4 | -$4 | $0 | -$2 | $0 |
| Income Before Tax (EBT) | -$153K | -$90K | -$97K | -$51K | -$10K | -$2K | -$1K | -$100 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$153K | -$90K | -$97K | -$51K | -$10K | -$2K | -$1K | -$100 |
| Net Income Margin | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||
| EPS | -0.00 | -0.00 | -0.00 | -0.09 | -0.02 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | -0.09 | -0.02 | -0.00 | -0.00 | -0.00 |
| Weighted Average OS | 34.31M | 27.29M | 22.23M | 560,017 | 560,000 | 560,000 | 560,000 | 560,000 |
| EBITDA | -$153K | -$90K | -$97K | -$51K | -$10K | $205K | -$1K | -$100 |
| EBITDA Margin | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $32K | $775 | $968 | $100 | $0 | $0 | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $32K | $775 | $968 | $100 | $0 | $0 | $0 |
| Accounts Receivable | $0 | $0 | $53 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $38K | $13K | $7K | $0 | $0 | $0 | $0 |
| Total Current Assets | $70K | $14K | $8K | $100 | $0 | $0 | $0 |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $177K | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $667K | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $221K | $992K | $948K | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $1.06M | $992K | $948K | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.14M | $1.01M | $957K | $100 | $0 | $0 | $0 |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $99K | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $82K | $242K | $40K | $3K | $12K | $2K | $952 |
| Total Current Liabilities | $181K | $242K | $40K | $3K | $12K | $2K | $952 |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $2.04M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $2.04M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.22M | $242K | $40K | $3K | $12K | $2K | $952 |
| Stockholders' Equity | |||||||
| Preferred Stock | $100 | $100 | $100 | $100 | $100 | $100 | $100 |
| Common Stock | $53K | $27K | $27K | $560 | $56K | $56K | $56K |
| Retained Earnings | -$2.65M | -$1.57M | -$1.48M | -$1.39M | -$1.33M | -$1.32M | -$1.32M |
| Comprehensive Income & Other | -$14K | -$83K | $1K | -$560 | -$56K | -$56K | -$56K |
| Other Stockholders' Equity | $1.51M | $2.31M | $2.37M | $1.38M | $1.27M | $1.27M | $1.27M |
| Total Equity | -$1.08M | $764K | $916K | -$2K | -$12K | -$2K | -$952 |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.14M | $1.01M | $957K | $100 | $0 | $0 | $0 |
| Supplementary Data | |||||||
| Total Debt | $2.04M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $2M | -$775 | -$968 | -$100 | $0 | $0 | $0 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | -$153K | -$90K | -$97K | -$51K | -$10K | -$2K | -$1K |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||
| Accounts Receivable | $0 | $0 | -$53 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $89K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $19K | -$15K | $30K | -$10K | $2K | $1K | $952 |
| Total Working Capital Change | $108K | -$15K | $30K | -$10K | $2K | $1K | $952 |
| Other Non-Cash Items | $3K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Operating | -$42K | -$104K | -$67K | -$61K | -$8K | -$172 | -$170 |
| Investing Activities | |||||||
| Capital Expenditures | -$230K | -$132K | -$948K | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$65K | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$294K | -$132K | -$948K | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||
| Debt Repaid | -$245K | - | - | - | - | - | - |
| Common Stock Issuance | -$270 | $0 | $918K | $0 | $0 | $172 | $170 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $106K | $236K | $97K | $61K | $8K | $172 | $170 |
| Net Cash from Financing | $351K | $236K | $1.01M | $61K | $8K | $172 | $170 |
| Forex Effect | $16K | $0 | $1K | $100 | $0 | $0 | $0 |
| Net Change in Cash | $31K | -$193 | $868 | $100 | $0 | $0 | $0 |
| Supplementary Data | |||||||
| Operating Cash Flow | -$42K | -$104K | -$67K | -$61K | -$8K | -$172 | -$170 |
| Capital Expenditure | -$153K | $0 | -$948K | -$3 | $0 | $0 | $0 |
| Free Cash Flow | -$194K | -$104K | -$1.02M | -$61K | -$8K | -$172 | -$170 |
| Cash at Beginning | $775 | $968 | $100 | $0 | $0 | $0 | $0 |
| Cash at End | $32K | $775 | $968 | $100 | $0 | $0 | $0 |