Key Points
- Insider Jeffrey Dare sold 110,000 Riverside Resources shares at an average price of C$0.39, generating C$42,900. Following the sale, his holdings fell 81.18% to 25,500 shares.
- Riverside Resources shares opened at C$0.35, compared with a 1-year range of C$0.18 to C$0.46. The company has a market capitalization of approximately C$32.8 million.
- The company explores and evaluates mineral properties in Canada, the United States, and Mexico, focusing on gold, silver, rare earth elements, and copper.
Riverside Resources Inc. (CVE:RRI - Get Free Report) insider Jeffrey Dare sold 110,000 shares of the company's stock in a transaction on Thursday, October 8th. The stock was sold at an average price of C$0.39, for a total value of C$42,900.00. Following the transaction, the insider owned 25,500 shares of the company's stock, valued at approximately C$9,945. The trade was a 81.18% decrease in their ownership of the stock.
Riverside Resources Price Performance
Shares of CVE RRI opened at C$0.35 on Wednesday. Riverside Resources Inc. has a 1-year low of C$0.18 and a 1-year high of C$0.46. The business's fifty day moving average price is C$0.41 and its two-hundred day moving average price is C$0.32. The firm has a market capitalization of C$32.80 million, a PE ratio of 17.50 and a beta of 0.95.
Riverside Resources Company Profile
(
Get Free Report)
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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