Riverside Resources (CVE:RRI) Insider Jeffrey Dare Sells 110,000 Shares of Stock

Riverside Resources Inc. (CVE:RRI – Get Free Report) insider Jeffrey Dare sold 110,000 shares of the business’s stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of C$0.39, for a total transaction of C$42,900.00. Following the sale, the insider directly owned 25,500 shares of the company’s stock, valued at approximately C$9,945. This represents a 81.18% decrease in their position.

Riverside Resources Stock Down 6.7%

RRI opened at C$0.35 on Wednesday. The firm has a market cap of C$32.80 million, a price-to-earnings ratio of 17.50 and a beta of 0.95. Riverside Resources Inc. has a fifty-two week low of C$0.18 and a fifty-two week high of C$0.46. The company’s 50-day moving average price is C$0.41 and its 200 day moving average price is C$0.32.

About Riverside Resources

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Riverside Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Riverside Resources and related companies with MarketBeat.com's FREE daily email newsletter.