Shares of Riverside Resources Inc. (CVE:RRI – Get Free Report) hit a new 52-week high on Friday . The company traded as high as C$0.41 and last traded at C$0.41, with a volume of 243052 shares traded. The stock had previously closed at C$0.39.
Riverside Resources Price Performance
The firm has a 50-day simple moving average of C$0.28 and a 200 day simple moving average of C$0.25. The stock has a market capitalization of C$39.25 million, a P/E ratio of 21.00 and a beta of 1.34.
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.
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