Riverside Resources (CVE:RRI) Trading Up 1.9% – Still a Buy?

Shares of Riverside Resources Inc. (CVE:RRIGet Free Report) traded up 1.9% during mid-day trading on Wednesday . The stock traded as high as C$0.16 and last traded at C$0.16. 38,000 shares traded hands during trading, a decline of 28% from the average session volume of 52,879 shares. The stock had previously closed at C$0.16.

Riverside Resources Stock Up 1.9 %

The firm has a market capitalization of C$11.03 million, a price-to-earnings ratio of -11.89 and a beta of 1.58. The business’s fifty day moving average is C$0.14 and its 200 day moving average is C$0.14.

About Riverside Resources

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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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