Rise Gold (OTCMKTS:RYES) Trading Up 15.8% – Here’s What Happened

Rise Gold Corp. (OTCMKTS:RYESGet Free Report) was up 15.8% on Friday . The company traded as high as $0.22 and last traded at $0.22. Approximately 342,563 shares traded hands during trading, an increase of 500% from the average daily volume of 57,132 shares. The stock had previously closed at $0.19.

Rise Gold Stock Up 15.8%

The business has a fifty day simple moving average of $0.19 and a 200 day simple moving average of $0.17.

About Rise Gold

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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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