Riverside Resources Inc. (OTCMKTS:RVSDF – Get Free Report) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 180,554 shares, an increase of 54.3% from the July 15th total of 117,017 shares. Based on an average trading volume of 250,148 shares, the days-to-cover ratio is currently 0.7 days.
Riverside Resources Price Performance
RVSDF opened at $0.28 on Thursday. The company’s 50 day moving average is $0.23 and its 200 day moving average is $0.20. Riverside Resources has a 12-month low of $0.12 and a 12-month high of $0.31.
About Riverside Resources
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.
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