Riverside Resources (CVE:RRI) Stock Price Up 21.4% – Here’s Why

Riverside Resources Inc. (CVE:RRIGet Free Report) shares shot up 21.4% during trading on Friday . The stock traded as high as C$0.26 and last traded at C$0.26. 788,798 shares traded hands during trading, an increase of 409% from the average session volume of 154,978 shares. The stock had previously closed at C$0.21.

Riverside Resources Trading Up 35.7%

The company has a market capitalization of C$26.57 million, a PE ratio of -14.25 and a beta of 1.32. The firm has a 50 day simple moving average of C$0.21 and a two-hundred day simple moving average of C$0.19.

About Riverside Resources

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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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