Rise Gold Corp. (OTCMKTS:RYES) Sees Significant Growth in Short Interest

Rise Gold Corp. (OTCMKTS:RYES) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 52,000 shares, a growth of 198.9% from the December 15th total of 17,400 shares. Based on an average daily trading volume, of 51,800 shares, the days-to-cover ratio is currently 1.0 days.

Rise Gold Price Performance

RYES traded down $0.01 during trading on Tuesday, reaching $0.08. The stock had a trading volume of 5,042 shares, compared to its average volume of 4,388. Rise Gold has a one year low of $0.06 and a one year high of $0.20. The stock’s 50 day moving average is $0.09 and its two-hundred day moving average is $0.12.

Rise Gold Company Profile

Rise Gold Corp. explores for mineral properties in the United States. It holds a 100% interest in the Idaho-Maryland Gold Mine property that comprises approximately 175 acres surface land and approximately 2,560 acres of mineral rights located in the Grass Valley of Nevada County in northern California.