Riverside Resources (CVE:RRI) Shares Down 3.6%

Riverside Resources Inc. (CVE:RRI) traded down 3.6% on Tuesday . The company traded as low as C$0.14 and last traded at C$0.14. 37,500 shares changed hands during mid-day trading, a decline of 28% from the average session volume of 51,840 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 4.73 and a quick ratio of 1.69. The firm has a market capitalization of C$10.10 million, a PE ratio of -6.75 and a beta of 1.58. The company has a 50-day moving average price of C$0.14 and a 200-day moving average price of C$0.14.

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.