Rise Gold Corp. (OTCMKTS:RYES – Get Free Report) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 4,805 shares, a decrease of 68.6% from the April 30th total of 15,282 shares. Based on an average trading volume of 484,625 shares, the short-interest ratio is currently 0.0 days.
Rise Gold Stock Up 19.1%
Shares of RYES stock traded up $0.02 during midday trading on Friday, reaching $0.14. 129,386 shares of the stock were exchanged, compared to its average volume of 105,084. Rise Gold has a 1 year low of $0.09 and a 1 year high of $0.53. The company’s 50 day moving average is $0.31 and its two-hundred day moving average is $0.29.
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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