Riverside Resources (OTCMKTS:RVSDF) Shares Up 9.9% – Still a Buy?

Riverside Resources Inc. (OTCMKTS:RVSDFGet Free Report)’s share price shot up 9.9% on Monday . The stock traded as high as $0.2630 and last traded at $0.2592. 268,839 shares traded hands during mid-day trading, an increase of 338% from the average daily volume of 61,421 shares. The stock had previously closed at $0.2359.

Riverside Resources Stock Performance

The firm’s 50-day simple moving average is $0.20 and its 200-day simple moving average is $0.18.

Riverside Resources Company Profile

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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.

Further Reading

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