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

Rise Gold Corp. (OTCMKTS:RYES) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 2,900 shares, a decline of 62.3% from the February 28th total of 7,700 shares. Based on an average daily volume of 52,200 shares, the days-to-cover ratio is currently 0.1 days.

Rise Gold Price Performance

Shares of OTCMKTS RYES traded down $0.00 during trading hours on Friday, hitting $0.09. 1,000 shares of the stock were exchanged, compared to its average volume of 41,573. Rise Gold has a one year low of $0.04 and a one year high of $0.20. The company’s 50 day moving average is $0.06 and its 200 day moving average is $0.09.

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.