Rise Gold Corp. (OTCMKTS:RYES – Get Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 4,805 shares, a decline of 68.6% from the April 30th total of 15,282 shares. Based on an average daily volume of 484,625 shares, the days-to-cover ratio is currently 0.0 days.
Rise Gold Stock Performance
Shares of OTCMKTS RYES opened at $0.14 on Monday. The firm has a 50 day moving average price of $0.31 and a 200 day moving average price of $0.29. Rise Gold has a 52-week low of $0.09 and a 52-week high of $0.53.
Rise Gold Company Profile
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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