Riverside Resources Inc. (CVE:RRI – Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as C$0.41 and last traded at C$0.41, with a volume of 243052 shares changing hands. The stock had previously closed at C$0.39.
Riverside Resources Stock Performance
The firm’s fifty day moving average is C$0.28 and its 200-day moving average is C$0.25. The company has a market capitalization of C$39.25 million, a P/E ratio of 21.00 and a beta of 1.34.
About Riverside Resources
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.
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