Riverside Resources Inc. (OTCMKTS:RVSDF – Get Free Report) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 67,311 shares, an increase of 135.4% from the April 30th total of 28,593 shares. Based on an average daily trading volume, of 162,814 shares, the short-interest ratio is currently 0.4 days.
Riverside Resources Stock Up 0.5%
Shares of RVSDF stock traded up $0.00 during trading hours on Friday, reaching $0.20. 4,800 shares of the company traded hands, compared to its average volume of 59,126. Riverside Resources has a 12-month low of $0.09 and a 12-month high of $0.25. The firm has a 50-day moving average price of $0.18 and a 200 day moving average price of $0.17.
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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