Riverside Resources (CVE:RRI) Trading Down 7.4%

Shares of Riverside Resources Inc. (CVE:RRI) fell 7.4% on Friday . The company traded as low as C$0.13 and last traded at C$0.13. 76,000 shares changed hands during trading, an increase of 59% from the average session volume of 47,803 shares. The stock had previously closed at C$0.14.

Riverside Resources Price 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 firm has a market cap of C$9.35 million, a price-to-earnings ratio of -6.25 and a beta of 1.58. The business’s 50-day moving average price is C$0.11 and its two-hundred day moving average price is C$0.12.

Riverside Resources (CVE:RRI) last released its quarterly earnings data on Wednesday, February 28th. The company reported C($0.01) EPS for the quarter.

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.