TSX-V

Riverside Resources Inc.

RRI.V•Basic Materials•Other Precious Metals & Mining
Current Price
$0.34
Today's Change
-8.11%
Market Cap
$34.68M
Volume
30.90K
⛏️

Commodity Exposure

Diversified Mining

💡

Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Riverside Resources Inc. focuses on acquiring and exploring mineral assets, particularly for gold, silver, and rare earth elements across North America. A key strength is its strong liquidity, indicated by a current ratio of 3.67 and no debt, providing financial stability. However, concerns arise from negative returns on equity and assets, suggesting operational inefficiencies. The recent 8.11% drop in stock price may reflect market volatility or investor sentiment, warranting close monitoring of future performance and exploration results.

Based on 20 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.46
52 Week Low$0.18
Avg Volume85.89K
Beta1.31
Shares Outstanding93.72M

🔥 Valuation

Market Cap$34.68M
Enterprise Value$27.52M
P/E Ratio17.13
EV/EBITDA ⚠️-4.71x
Dividend Yield0.00%

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🚩 Red Flags

🟠

Significant Losses

Company posted a loss of $-1.8M over the last year, representing 706082.4% of revenue.

🟠

Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $1.7M over the last year.

🌟 Opportunities

🚀

Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

🚀

Excellent liquidity with current ratio of 3.7x ensures operational stability.

✨

Low debt-to-revenue ratio of 0.0% indicates conservative financial management.

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