Rise Gold Corp. (OTCMKTS:RYES – Get Free Report) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 15,282 shares, a decrease of 62.6% from the April 15th total of 40,821 shares. Based on an average daily volume of 87,920 shares, the short-interest ratio is presently 0.2 days.
Rise Gold Stock Up 7.0%
OTCMKTS RYES traded up $0.01 on Friday, reaching $0.17. 23,154 shares of the company’s stock traded hands, compared to its average volume of 106,011. Rise Gold has a 12 month low of $0.06 and a 12 month high of $0.53. The stock has a 50-day simple moving average of $0.35 and a 200 day simple moving average of $0.30.
About Rise Gold
Rise Gold (OTCMKTS: RYES) is a mineral exploration and development company focused on advancing its flagship Idaho-Maryland Gold Project in Nevada County, California. The company’s primary objective is to revive and modernize the historic Idaho-Maryland Mine, which was one of the most prolific hard-rock gold mines in North America before its closure in the mid-20th century. Rise Gold holds a portfolio of exploration permits, mining claims and proprietary data that underpin its efforts to delineate a new resource and prepare for eventual production.
The Idaho-Maryland Gold Project encompasses both underground workings and surface infrastructure situated near Grass Valley, California.
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