Riverside Resources Inc. (OTCMKTS:RVSDF – Get Free Report) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 162,052 shares, an increase of 242.9% from the May 31st total of 47,262 shares. Based on an average daily volume of 212,886 shares, the days-to-cover ratio is currently 0.8 days.
Riverside Resources Trading Down 5.4%
RVSDF stock opened at $0.18 on Friday. Riverside Resources has a 52 week low of $0.10 and a 52 week high of $0.25. The company has a fifty day simple moving average of $0.19 and a two-hundred day simple moving average of $0.18.
About Riverside Resources
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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