Riverside Resources (CVE:RRI) Stock Price Down 2.3% – What’s Next?
by Renee Jackson · The Cerbat GemRiverside Resources Inc. (CVE:RRI – Get Free Report)’s stock price was down 2.3% during trading on Tuesday . The company traded as low as C$0.21 and last traded at C$0.21. Approximately 125,250 shares traded hands during mid-day trading, an increase of 87% from the average daily volume of 66,927 shares. The stock had previously closed at C$0.22.
Riverside Resources Stock Down 2.4%
The stock’s fifty day simple moving average is C$0.21 and its 200-day simple moving average is C$0.19. The company has a market capitalization of C$19.11 million, a PE ratio of -10.25 and a beta of 1.22.
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.