Riverside Resources Inc. (OTCMKTS:RVSDF) Sees Large Decline in Short Interest

Riverside Resources Inc. (OTCMKTS:RVSDF) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totalling 13,700 shares, a drop of 53.1% from the March 15th total of 29,200 shares. Based on an average trading volume of 239,400 shares, the days-to-cover ratio is currently 0.1 days.

Riverside Resources Price Performance

OTCMKTS RVSDF traded up $0.00 during trading on Friday, reaching $0.13. The company’s stock had a trading volume of 17,198 shares, compared to its average volume of 63,614. Riverside Resources has a 1-year low of $0.08 and a 1-year high of $0.14. The business has a 50-day moving average price of $0.12 and a 200-day moving average price of $0.10.

Riverside Resources Company Profile

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.