Rise Gold Corp. (OTCMKTS:RYES – Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 51,907 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily volume of 66,142 shares, the days-to-cover ratio is presently 0.8 days.
Rise Gold Stock Down 4.4%
Shares of RYES opened at $0.11 on Friday. The stock has a 50 day moving average price of $0.12 and a 200 day moving average price of $0.25. Rise Gold has a 52-week low of $0.10 and a 52-week high of $0.53.
About Rise Gold
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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