Rise Gold (OTCMKTS:RYESD) Shares Up 5.7% – Still a Buy?

Rise Gold Corp. (OTCMKTS:RYESDGet Free Report) shot up 5.7% during trading on Tuesday . The company traded as high as $0.3415 and last traded at $0.3105. 105,022 shares were traded during trading, an increase of 379% from the average session volume of 21,938 shares. The stock had previously closed at $0.2938.

Rise Gold Price Performance

The company’s 50-day moving average is $0.23 and its 200-day moving average is $0.20.

About Rise Gold

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Rise Gold Inc is a Canada‐based mineral exploration and development company focused on advancing high-grade gold assets in the United States. The company’s flagship project is the historic Idaho-Maryland gold mine, located near Grass Valley in northern California. Rise Gold holds the mineral rights and surface leases for the site, which was one of North America’s most prolific underground gold producers during the late 19th and early 20th centuries.

At the Idaho-Maryland property, Rise Gold is conducting a systematic exploration and resource-definition program.

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