Rise Gold Corp. (OTCMKTS:RYES) Short Interest Update

Rise Gold Corp. (OTCMKTS:RYES) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 80,690 shares, an increase of 132.1% from the November 30th total of 34,770 shares. Based on an average daily trading volume, of 147,863 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 147,863 shares, the days-to-cover ratio is currently 0.5 days.

Rise Gold Trading Down 2.7%

Shares of OTCMKTS:RYES opened at $0.20 on Friday. The stock has a 50 day moving average of $0.19 and a 200 day moving average of $0.18. Rise Gold has a 12-month low of $0.04 and a 12-month high of $0.32.

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.