Riverside Resources (RRI) AI Stock Analysis

• Market Cap: C$17.95M
• Dividend Yield: N/A
• Average Volume (3M): 76.13K
• Price to Earnings (P/E): 7.8
• Beta (1Y): 1.95
• Revenue Growth: N/A
• EPS Growth: -90.32%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): N/A
• Shares Outstanding: 74,783,460
• 10 Day Avg. Volume: 73,551
• 30 Day Avg. Volume: 76,131
• PEG Ratio: -0.02
• Price to Book (P/B): 1.64
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.32
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: C$0.22 ▼(-18.89% Downside)

The score is primarily held back by weak financial performance—near-zero revenue, ongoing operating losses, and persistent negative free cash flow with worsening burn—despite a low-debt balance sheet. Technicals are mixed but lean soft (below key short-term averages with sub-50 RSI), while valuation is modestly supportive due to a low P/E but lacks dividend support.

Positive Factors

Strategic Spin-Out

The spin-out of Blue Jay Gold allows Riverside Resources to focus on core exploration activities, potentially enhancing shareholder value and enabling both companies to pursue focused strategies.

No Debt

Maintaining a debt-free balance sheet provides Riverside Resources with financial flexibility and reduces financial risk, supporting long-term stability and potential growth opportunities.

Partnerships and Exploration

The partnership with Fortuna Mining and progress in exploration projects like Cecilia Gold demonstrates Riverside's ability to leverage strategic alliances to advance its exploration goals and unlock new opportunities.

Negative Factors

Declining Assets

The decline in assets and equity raises concerns about Riverside's financial health, potentially limiting its ability to invest in new projects and maintain competitive positioning in the industry.

Negative Cash Flows

Negative cash flows suggest liquidity challenges and may hinder Riverside's ability to invest in exploration projects or cover operational expenses, potentially impacting long-term viability.

Zero Revenue

The lack of revenue generation highlights operational challenges and raises concerns about Riverside's ability to sustain its business model and fund its exploration activities without external financing.

Riverside Resources Business Overview & Revenue Model

Company Description

Riverside Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of exploration and evaluation assets in North America. The company primarily explores for gold, silver, and copper deposits. It holds interests in the Oakes, High Lake Greenstone Belt, Longrose, Pichette, and Kenora projects located in Canada; and the La Silla, Sandy, Tajitos, and Ariel projects located in Mexico. Riverside Resources Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Riverside Resources makes money primarily through the acquisition and exploration of mineral properties with the potential for significant mineral deposits. The company follows a prospect generator model, where it identifies promising exploration targets and then seeks to partner with other mining companies to further explore and develop these properties. Revenue is generated through option agreements, joint ventures, and strategic alliances, where Riverside Resources may receive cash payments, shares, or retain a percentage interest in the project. Additionally, the company may earn a royalty on future production if a project is successfully developed into a mining operation. This business model allows Riverside Resources to minimize exploration costs and risks while maintaining upside potential from successful discoveries.

Riverside Resources Financial Statement Overview

Summary

Overall fundamentals are weak due to essentially no revenue, persistent operating losses, and consistently negative operating/free cash flow (with cash burn worsening in 2025). This is partially offset by a conservative balance sheet with minimal/zero debt and still-meaningful equity, but assets/equity have been trending down.

Income Statement

The company has reported essentially no revenue across the period (including 2025 annual), which limits the quality of earnings and points to a pre-revenue/exploration profile. Operating performance is consistently loss-making (negative operating profit in every year shown), and 2025 shows a sharp revenue decline versus the prior year (from an already minimal base). Net income is volatile—swinging from sizable profits (2020, 2021, 2025) to losses (2022–2024)—suggesting results are likely driven by non-operating or one-time items rather than sustainable operations.

Balance Sheet

Balance sheet leverage appears conservative with total debt at zero in most years (and only minimal debt in 2020), reducing financial risk. Equity remains substantial (about 9.8M in 2025) and the company is well-capitalized relative to its asset base (assets about 11.3M in 2025). The main weakness is balance-sheet erosion over time: both total assets and equity have trended down from 2022–2025, consistent with ongoing cash burn and operating losses.

Cash Flow

Cash generation is weak: operating cash flow is negative every year shown, and free cash flow is also consistently negative, indicating the business is consuming cash rather than producing it. Cash burn worsened meaningfully in 2025 versus 2024 (operating and free cash flow moving more negative), and recent free cash flow growth is unfavorable. While net income occasionally turns positive, cash flow does not follow, highlighting low earnings quality and continued funding needs.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-27.96K	-27.96K	-5.73K	-5.50K	-63.15K	-75.94K
EBITDA	2.25M	2.56M	-1.55M	-340.00K	-144.43K	-653.00K
Net Income	2.29M	2.53M	-1.59M	-395.00K	-208.00K	734.13K
Balance Sheet
Total Assets	11.32M	11.32M	13.83M	15.32M	16.32M	14.90M
Cash, Cash Equivalents and Short-Term Investments	4.80M	4.80M	5.62M	7.41M	7.05M	7.37M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.50M	1.50M	1.96M	1.76M	4.09M	3.92M
Stockholders Equity	9.81M	9.81M	11.87M	13.56M	12.23M	10.98M
Cash Flow
Free Cash Flow	-2.62M	-1.93M	-2.55M	-2.13M	-2.08M	-1.67M
Operating Cash Flow	-1.93M	-1.93M	-555.53K	-592.78K	-1.05M	-875.69K
Investing Cash Flow	-1.70M	-1.70M	-1.18M	-546.08K	740.77K	1.95M
Financing Cash Flow	1.47M	1.47M	0.00	0.00	720.48K	416.21K

Riverside Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.27
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RRI, the sentiment is Positive. The current price of 0.27 is above the 20-day moving average (MA) of 0.25, above the 50-day MA of 0.23, and above the 200-day MA of 0.19, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 49.82 is Neutral, neither overbought nor oversold. The STOCH value of 34.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RRI.

Riverside Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
PEX	53 Neutral	C$15.97M	-1.26	-82.13%	―	―	1.73%
ATHA	53 Neutral	C$16.96M	―	19.89%	―	―	―
SNG	51 Neutral	C$15.74M	-4.18	-44.50%	―	―	-221.30%
RRI	49 Neutral	C$17.95M	7.82	-15.87%	―	―	-90.32%
CFE	46 Neutral	C$33.17M	39.60	-25.01%	―	―	―
NOB	36 Underperform	C$34.41M	56.52	―	―	―	-970.00%

Riverside Resources Corporate Events

Riverside and Questcorp Hit High-Grade Gold-Silver at La Union, Complete Phase 1 Drilling

Riverside Resources and joint-venture partner Questcorp Mining reported high-grade chip-channel results from the Union Mine area at the La Union Project in Sonora, Mexico, with 30 metres averaging 20 g/t gold and 226 g/t silver, plus zinc, along an access wall in the upper workings. The companies also released final assays from a 12-hole Phase 1 drill program across the Union Mine, Union Norte and El Cobre targets, confirming carbonate replacement deposit-style mineralization with anomalous zinc, silver, gold and lead in all three areas, as well as Carlin-type, sediment-hosted gold indicators that will guide a follow-up drilling program in 2026 and underscore the project’s potential in a district already known for large CRD systems.

Riverside Resources Doubles Jacket Property With Redtop Option to Form Red Jacket Project in B.C.

Riverside Resources has doubled the size of its Jacket Property in central British Columbia by optioning the adjacent Redtop claims from a private group, consolidating them into the newly named Red Jacket Project. The expanded project lies in a well-known volcanogenic massive sulphide belt near Taseko Mines’ feasibility-stage Yellowhead Copper Project and hosts multiple outcropping and previously drilled polymetallic occurrences along a 4 km mineralized trend. Riverside’s 2025 sampling program confirmed meaningful polymetallic grades at surface in the Redtop–Snow–Sunrise showings, reinforcing the potential for future drill testing and systematic follow-up work. Under the option terms, Riverside can acquire the Redtop claims through staged cash payments and work expenditures, while the vendor retains a small net smelter returns royalty, positioning Riverside to advance a larger, contiguous exploration package in a proven district and potentially enhance its future resource discovery pipeline.

Riverside Resources Maps 2026 Growth Plan on Strong Balance Sheet and Expanding Royalty Portfolio

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.

Riverside Resources Secures $3.7 Million in Strategic Investment

Riverside Resources Inc. has successfully closed a non-brokered private placement, raising $3.7 million through strategic investors. This move strengthens the company’s shareholder base and positions it for future growth and transactions. The funds will be used for strategic initiatives, working capital, and advancing projects, with insider participation constituting a related party transaction but not affecting the company’s market capitalization significantly.

Riverside Resources Completes Phase One Drilling at Union Project

Riverside Resources has completed the first phase of drilling at its Union Project in Sonora, Mexico, in partnership with Questcorp Mining Inc. The phase involved drilling over 1,600 meters across six targets, with more than 700 samples sent for assay. This exploration aims to validate and enhance the geological model of the historically mined Carbonate Replacement Deposit district, potentially leading to a large-scale discovery. The results of these assays will inform the next phase of exploration, focusing on the most promising trends indicated by the data.