Riverside Resources Inc. (OTCMKTS:RVSDF – Get Free Report) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 30,693 shares, a drop of 52.3% from the January 15th total of 64,362 shares. Based on an average daily trading volume, of 174,805 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 174,805 shares, the days-to-cover ratio is currently 0.2 days.
Riverside Resources Stock Up 3.9%
Shares of OTCMKTS RVSDF opened at $0.18 on Friday. Riverside Resources has a fifty-two week low of $0.09 and a fifty-two week high of $0.25. The firm’s 50-day simple moving average is $0.17 and its 200 day simple moving average is $0.15.
Riverside Resources Company Profile
Riverside Resources Inc is a Canada-based mineral exploration company focused on the discovery and development of precious and base metal deposits. Operating as a project generator, Riverside identifies prospective mineral properties and advances them through early-stage exploration before partnering with major mining companies under option and joint-venture agreements. This model allows the company to leverage its technical expertise and financial discipline while limiting its capital exposure.
The company’s portfolio spans several key mining jurisdictions, with a primary emphasis on Mexico.
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