Shares of Riverside Resources Inc. (CVE:RRI – Get Free Report) were up 4% on Thursday . The company traded as high as C$0.26 and last traded at C$0.26. 8,000 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 72,632 shares. The stock had previously closed at C$0.25.
Riverside Resources Stock Up 4.0%
The stock has a market capitalization of C$24.30 million, a price-to-earnings ratio of 13.00 and a beta of 1.20. The company has a 50 day simple moving average of C$0.26 and a 200-day simple moving average of C$0.24.
About Riverside Resources
Riverside Resources Inc engages in the acquisition, exploration, and evaluation of assets in Canada, the United States, and Mexico. It primarily explores for gold, silver, rare earth elements (REE), and copper deposits. The company holds 100% interests in the Oakes Gold project covering an area of approximately 5,600 hectares; the Pichette comprises 1,650 hectares; and the Longrose and Vincent projects in located northwestern Ontario, Canada, as well as Duc project covering an area of approximately 600 hectares located in Ontario, Canada; and the Revel project includes 1,100 hectares located in the north of Revelstoke, British Columbia.
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