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Riverside Resources ( (TSE:RRI) ) has shared an announcement.
Riverside Resources has outlined its 2026 corporate outlook after a pivotal 2025 marked by the spin-out of Blue Jay Gold, progress on partner-funded work in Mexico, a strengthened royalty portfolio anchored by Tajitos and Sugarloaf Peak, and a C$3.7 million strategic financing involving investors including Rick Rule, Sprott Wealth Management and Metallum. Entering 2026 with solid cash, no debt and roughly 93 million shares outstanding, the company plans to advance both self-funded and partner-funded exploration, particularly its British Columbia gold and rare earth element projects such as Red Jacket, Revel and Deer Park, while seeking new Canadian transactions and royalty opportunities that benefit from higher commodity prices, new mine development in BC and growing geopolitical focus on diversifying rare earth supply chains away from China.
Spark’s Take on TSE:RRI Stock
According to Spark, TipRanks’ AI Analyst, TSE:RRI is a Neutral.
Riverside Resources faces significant financial challenges with no revenue and negative cash flows, impacting its overall score. Despite these issues, positive technical momentum and strategic corporate actions, such as the Blue Jay Gold spin-out, offer some optimism. Valuation concerns persist with a negative P/E ratio, indicating potential risks.
To see Spark’s full report on TSE:RRI stock, click here.
More about Riverside Resources
Riverside Resources Inc. is a project generator in the mineral exploration industry, focused on gold, rare earth elements and other metals through a portfolio of projects in Canada and Mexico. The company builds value via exploration, royalties and equity stakes in partner and former partner companies, leveraging third-party funding from groups such as Questcorp Mining while maintaining a strong balance sheet and disciplined capital structure.
Average Trading Volume: 54,723
Technical Sentiment Signal: Buy
Current Market Cap: C$16.3M
For detailed information about RRI stock, go to TipRanks’ Stock Analysis page.