Riverside Resources (CVE:RRI) Trading 6.1% Higher

Riverside Resources Inc. (CVE:RRI)’s stock price was up 6.1% on Friday . The stock traded as high as C$0.18 and last traded at C$0.18. Approximately 103,180 shares were traded during trading, an increase of 92% from the average daily volume of 53,652 shares. The stock had previously closed at C$0.17.

Riverside Resources Price Performance

The company has a quick ratio of 1.69, a current ratio of 5.26 and a debt-to-equity ratio of 0.31. The firm has a market cap of C$13.09 million, a PE ratio of -8.75 and a beta of 1.58. The firm’s fifty day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.12.

Riverside Resources (CVE:RRI) last issued its quarterly earnings results on Wednesday, February 28th. The company reported C($0.01) earnings per share for the quarter.

About Riverside Resources

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.