Riverside Resources Inc. (OTCMKTS:RVSDF – Get Free Report) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 67,311 shares, a growth of 135.4% from the April 30th total of 28,593 shares. Based on an average daily trading volume, of 162,814 shares, the short-interest ratio is currently 0.4 days.
Riverside Resources Stock Up 8.3%
OTCMKTS RVSDF traded up $0.02 during trading on Monday, reaching $0.22. 394,830 shares of the company’s stock were exchanged, compared to its average volume of 62,587. The company has a 50 day moving average price of $0.18 and a two-hundred day moving average price of $0.17. Riverside Resources has a 1 year low of $0.09 and a 1 year high of $0.25.
Riverside Resources Company Profile
Riverside Resources Inc is a Canada-based mineral exploration company focused on the discovery and development of precious and base metal deposits. Operating as a project generator, Riverside identifies prospective mineral properties and advances them through early-stage exploration before partnering with major mining companies under option and joint-venture agreements. This model allows the company to leverage its technical expertise and financial discipline while limiting its capital exposure.
The company’s portfolio spans several key mining jurisdictions, with a primary emphasis on Mexico.
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