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Riverside Resources shares surged 35.7% on Friday with no public announcement, driven by speculation and increased trading volume.
Riverside Resources (CVE:RRI) shares jumped 35.7% on Friday, closing at C$0.29 after reaching an intraday high of the same price, up from C$0.21 the prior day.
Trading volume surged to 1.3 million shares, a 354% increase from its average.
The company, which explores for gold, silver, rare earth elements, and copper in North America, holds several projects including Oakes Gold and Pichette.
Its market cap is C$26.57 million, with a negative P/E ratio of -14.25 and a beta of 1.32.
The rally followed no clear public announcement, though heightened investor interest and market speculation may have contributed.
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Las acciones de Riverside Resources subieron un 35.7% el viernes sin ningún anuncio público, impulsadas por la especulación y el aumento del volumen de operaciones.