Riverside Resources (CVE:RRI) Stock Price Down 10.3% – Time to Sell?
by Renee Jackson · The Cerbat GemRiverside Resources Inc. (CVE:RRI – Get Free Report) shares traded down 10.3% during trading on Tuesday . The company traded as low as C$0.26 and last traded at C$0.26. 178,000 shares changed hands during trading, an increase of 129% from the average session volume of 77,802 shares. The stock had previously closed at C$0.29.
Riverside Resources Stock Performance
The stock has a market capitalization of C$25.70 million, a P/E ratio of 13.75 and a beta of 1.20. The stock has a 50 day moving average of C$0.25 and a 200 day moving average of C$0.24.
Riverside Resources Company Profile
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.