Shares of Riverside Resources Inc. (CVE:RRI – Get Free Report) hit a new 52-week high during mid-day trading on Monday. The company traded as high as C$0.46 and last traded at C$0.45, with a volume of 18808 shares changing hands. The stock had previously closed at C$0.45.
Riverside Resources Stock Performance
The business’s fifty day simple moving average is C$0.40 and its 200 day simple moving average is C$0.31. The stock has a market cap of C$42.18 million, a price-to-earnings ratio of 22.50 and a beta of 1.05.
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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