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

Rise Gold Corp. (OTCMKTS:RYES) was the target of a large decrease in short interest in 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 daily trading volume, of 105,200 shares, the days-to-cover ratio is presently 0.1 days.

Rise Gold Price Performance

Shares of RYES stock traded down $0.01 during mid-day trading on Friday, hitting $0.05. The stock had a trading volume of 2,000 shares, compared to its average volume of 30,593. Rise Gold has a 12-month low of $0.05 and a 12-month high of $0.20. The firm’s 50-day moving average is $0.07 and its two-hundred day moving average is $0.10.

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.