Riverside Resources Inc. (OTCMKTS:RVSDF – Get Free Report) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 64,362 shares, a growth of 50.1% from the December 31st total of 42,872 shares. Based on an average daily volume of 178,333 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 178,333 shares, the days-to-cover ratio is currently 0.4 days.
Riverside Resources Trading Down 9.6%
OTCMKTS:RVSDF opened at $0.17 on Friday. The firm’s fifty day moving average price is $0.17 and its two-hundred day moving average price is $0.15. Riverside Resources has a one year low of $0.08 and a one year high of $0.25.
Riverside Resources Company Profile
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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