Riverside Resources Inc. (OTCMKTS:RVSDF – Get Free Report) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 30,693 shares, a decline of 52.3% from the January 15th total of 64,362 shares. Based on an average daily trading volume, of 174,805 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 174,805 shares, the days-to-cover ratio is currently 0.2 days.
Riverside Resources Stock Performance
RVSDF traded up $0.01 on Friday, hitting $0.18. The company had a trading volume of 40,988 shares, compared to its average volume of 72,893. The stock has a fifty day simple moving average of $0.17 and a 200-day simple moving average of $0.15. Riverside Resources has a 52-week low of $0.09 and a 52-week high of $0.25.
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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