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

Rise Gold Corp. (OTCMKTS:RYES) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 16,000 shares, a decline of 20.4% from the October 31st total of 20,100 shares. Based on an average trading volume of 117,800 shares, the days-to-cover ratio is presently 0.1 days.

Rise Gold Stock Performance

Shares of RYES traded down $0.03 during trading hours on Friday, hitting $0.08. 20,000 shares of the company were exchanged, compared to its average volume of 32,999. Rise Gold has a one year low of $0.07 and a one year high of $0.30. The firm has a fifty day simple moving average of $0.12 and a 200-day simple moving average of $0.14.

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.