Riverside Resources Inc. (OTCMKTS:RVSDF – Get Free Report) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 38,576 shares, a growth of 12.4% from the March 31st total of 34,306 shares. Based on an average trading volume of 55,323 shares, the short-interest ratio is presently 0.7 days.
Riverside Resources Stock Down 4.0%
Shares of OTCMKTS RVSDF opened at $0.19 on Friday. The firm’s 50-day moving average price is $0.17 and its 200-day moving average price is $0.16. Riverside Resources has a 52-week low of $0.09 and a 52-week high of $0.25.
Riverside Resources Company Profile
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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