Riverside Resources (CVE:RRI) Shares Down 3.7%

Riverside Resources Inc. (CVE:RRI)’s stock price dropped 3.7% during trading on Monday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 7,000 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 55,262 shares. The stock had previously closed at C$0.14.

Riverside Resources Stock Performance

The company has a debt-to-equity ratio of 0.31, a current ratio of 5.26 and a quick ratio of 1.69. The stock has a fifty day moving average price of C$0.15 and a two-hundred day moving average price of C$0.14. The company has a market cap of C$9.72 million, a P/E ratio of -6.50 and a beta of 1.55.

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.