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

Rise Gold Corp. (OTCMKTS:RYES) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 20,100 shares, a drop of 41.6% from the October 15th total of 34,400 shares. Based on an average trading volume of 118,400 shares, the short-interest ratio is presently 0.2 days.

Rise Gold Stock Performance

RYES traded down $0.01 during trading on Wednesday, reaching $0.08. The company had a trading volume of 103,145 shares, compared to its average volume of 33,683. Rise Gold has a 12 month low of $0.07 and a 12 month high of $0.30. The business’s fifty day moving average price is $0.12 and its 200 day moving average price is $0.14.

About Rise Gold

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.