Rise Gold Corp. (OTCMKTS:RYES) Sees Large Decline in Short Interest

Rise Gold Corp. (OTCMKTS:RYES) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 11,700 shares, a decrease of 74.6% from the January 31st total of 46,100 shares. Based on an average trading volume of 105,200 shares, the days-to-cover ratio is currently 0.1 days.

Rise Gold Price Performance

OTCMKTS:RYES remained flat at $0.06 during mid-day trading on Friday. The stock’s 50 day simple moving average is $0.07 and its 200-day simple moving average is $0.10. Rise Gold has a 52-week low of $0.05 and a 52-week high of $0.20.

Rise Gold Company Profile

Rise Gold Corp. explores for mineral properties in the United States. It holds a 100% interest in the Idaho-Maryland Gold Mine property that comprises approximately 175 acres surface land and approximately 2,560 acres of mineral rights located in the Grass Valley of Nevada County in northern California.