Ranger Gold Corp.

What they do

Ranger Gold Corp. was incorporated in Nevada on May 11, 2007 as Fenario, Inc. to develop healthcare software, then shifted to mining in 2009 and changed its name to Ranger Gold Corp. It now describes itself as an exploration-stage issuer with an objective of acquiring, exploring and developing natural resource properties in the United States, primarily gold. As of its filings, it does not hold rights in any mining properties, does not conduct substantive business operations and does not generate revenue.

Revenue drivers

• No operating segments or product lines — The company reported $0.00 revenue in each of 2022, 2023, 2024, 2025 and 2026, and $0.00 in each recent quarter from 2025-09-30 through 2026-06-30.
• Future gold property acquisition — Management states its primary focus in the natural resource sector is gold, but it has no properties, no reserves disclosed under Regulation S-K Item 1300 and no revenue source today.
• Future development partners — The company says it may acquire, develop and operate mining properties either alone or with partners, which could become a source of funding or economics if completed.

Recent performance

Ranger Gold Corp. has never reported revenue; the XBRL annual revenue figures are $0.00 for 2022 through 2026, and quarterly revenue was $0.00 for the periods ended 2025-09-30, 2025-12-31, 2026-03-31 and 2026-06-30. Annual net losses were $19,675 in 2022, $21,504 in 2023, $44,161 in 2024, $27,846 in 2025 and $27,062 in 2026. Operating cash flow was negative in each of those years, including -$24,142 in 2026. At 2026-06-30, the company reported total assets of $0.00, total liabilities of $50,384, shareholder equity of -$50,384 and cash and equivalents of $0.00.

Strategy

Management's stated objective is to acquire, evaluate, develop and operate natural resource properties in the United States, with a primary focus on gold. The company defines acquisition broadly to include outright purchases, leases, licenses, patented or unpatented claims, options and other use agreements providing surface, mining, easement or right-of-way rights. It says it may pursue these activities alone or with development partners. Management states that achieving this objective depends on obtaining financing to fund operations and gives no assurance that financing, an acquisition or commercially exploitable reserves will result.

Risks

• No properties and no operations — The company holds no mining properties, has not disclosed any mineral resources or reserves and generates no revenue.
• Negative working capital and no cash — At 2026-06-30 the company reported $0.00 in total assets and cash, $50,384 in total liabilities and negative shareholder equity of $50,384.
• Financing dependence — Management states its ability to achieve its objective is predicated on raising funds, with no assurance financing will be obtained on acceptable terms or at all.
• Management inexperience and reliance on one person — The filings state management lacks mining industry experience and Bryan Glass serves as the company's only director and officer.

Outlook

Management states the company is continuing the mining business strategy adopted by prior management and is seeking to acquire, explore and develop natural resource properties in the United States, primarily gold. It explicitly states that the search for valuable natural resources is extremely risky and capital-intensive and that its ability to proceed depends on obtaining financing. The filings provide no assurance that financing will be obtained, that a property will be acquired or that commercially exploitable reserves will be produced. No revenue is projected or expected in the reported periods.