Rise Gold Corp. (OTCMKTS:RYES – Get Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 20,119 shares, an increase of 318.7% from the May 14th total of 4,805 shares. Based on an average daily trading volume, of 167,766 shares, the days-to-cover ratio is currently 0.1 days.
Rise Gold Price Performance
OTCMKTS:RYES traded up $0.01 during midday trading on Thursday, hitting $0.14. The company’s stock had a trading volume of 750 shares, compared to its average volume of 100,190. Rise Gold has a fifty-two week low of $0.11 and a fifty-two week high of $0.53. The firm’s 50 day moving average is $0.27 and its 200-day moving average is $0.29.
About Rise Gold
Rise Gold (OTCMKTS: RYES) is a mineral exploration and development company focused on advancing its flagship Idaho-Maryland Gold Project in Nevada County, California. The company’s primary objective is to revive and modernize the historic Idaho-Maryland Mine, which was one of the most prolific hard-rock gold mines in North America before its closure in the mid-20th century. Rise Gold holds a portfolio of exploration permits, mining claims and proprietary data that underpin its efforts to delineate a new resource and prepare for eventual production.
The Idaho-Maryland Gold Project encompasses both underground workings and surface infrastructure situated near Grass Valley, California.
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