Riverside Resources (CVE:RRI) Trading Up 6.1%

Riverside Resources Inc. (CVE:RRI) shares rose 6.1% on Friday . The stock traded as high as C$0.18 and last traded at C$0.18. Approximately 103,180 shares traded hands 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 Stock Performance

The stock’s 50-day moving average price is C$0.13 and its 200 day moving average price is C$0.12. The firm has a market cap of C$13.09 million, a P/E ratio of -8.75 and a beta of 1.58. The company has a debt-to-equity ratio of 0.31, a current ratio of 5.26 and a quick ratio of 1.69.

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

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.