Rise Gold Corp. (OTCMKTS:RYES) Short Interest Update
by Doug Wharley · The Cerbat GemRise Gold Corp. (OTCMKTS:RYES – Get Free Report) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 15,282 shares, a drop of 62.6% from the April 15th total of 40,821 shares. Based on an average daily trading volume, of 87,920 shares, the days-to-cover ratio is presently 0.2 days.
Rise Gold Stock Performance
Shares of RYES traded down $0.01 during midday trading on Thursday, hitting $0.17. The company had a trading volume of 168,000 shares, compared to its average volume of 103,583. The company’s 50-day simple moving average is $0.36 and its 200-day simple moving average is $0.30. Rise Gold has a 1 year low of $0.06 and a 1 year high of $0.53.
Rise Gold Company Profile
Rise Gold (OTCMKTS: RYES) is a mineral exploration and development company focused on advancing its flagship Idaho-Maryland Gold Project in Nevada County, California. The company’s primary objective is to revive and modernize the historic Idaho-Maryland Mine, which was one of the most prolific hard-rock gold mines in North America before its closure in the mid-20th century. Rise Gold holds a portfolio of exploration permits, mining claims and proprietary data that underpin its efforts to delineate a new resource and prepare for eventual production.
The Idaho-Maryland Gold Project encompasses both underground workings and surface infrastructure situated near Grass Valley, California.