Rise Gold (OTCMKTS:RYES) Stock Price Crosses Below Fifty Day Moving Average – Here’s Why

Rise Gold Corp. (OTCMKTS:RYESGet Free Report) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.33 and traded as low as $0.1275. Rise Gold shares last traded at $0.1421, with a volume of 25,728 shares traded.

Rise Gold Stock Down 12.7%

The firm’s fifty day moving average is $0.33 and its 200 day moving average is $0.29.

About Rise Gold

(Get Free Report)

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.

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