Riverside Resources (CVE:RRI) Trading Up 2.8% – Still a Buy?

Riverside Resources Inc. (CVE:RRI)’s share price rose 2.8% on Wednesday . The stock traded as high as C$0.19 and last traded at C$0.19. Approximately 45,500 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 59,080 shares. The stock had previously closed at C$0.18.

Riverside Resources Stock Down 2.6 %

The stock has a market cap of C$13.26 million, a PE ratio of -14.30 and a beta of 1.58. The stock’s fifty day moving average price is C$0.15 and its 200 day moving average price is C$0.14.

About Riverside Resources

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.