Riverside Resources Inc (TSE:RRI)
:RRI
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Riverside Resources
(RRI)
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Rating:51Neutral
Price Target:
C$0.21
▼(-21.85% Downside)
Action:ReiteratedDate:03/01/26
The score is held back primarily by weak financial performance—no revenue and persistent negative operating and free cash flow despite a recent net income improvement. Offsetting this, the company’s zero-debt balance sheet reduces financial risk, while technicals show only modest trend strength and valuation appears low on P/E but is tempered by cash-burn fundamentals.
Positive Factors
Zero Debt Balance Sheet
A zero-debt capital structure materially reduces financial risk for an explorer. It preserves flexibility to pursue option/JV deals, absorb exploration timelines, and negotiate farm-outs without immediate leverage constraints, supporting project optionality over months.
Negative Factors
No Operating Revenue
Absence of operating revenue confirms an exploration-stage profile: core activities do not generate cash. This structural lack of operating income means the company cannot self-fund growth and remains dependent on external partners or financings for months to years.
Read all positive and negative factors
Positive Factors
Negative Factors
Zero Debt Balance Sheet
A zero-debt capital structure materially reduces financial risk for an explorer. It preserves flexibility to pursue option/JV deals, absorb exploration timelines, and negotiate farm-outs without immediate leverage constraints, supporting project optionality over months.
Read all positive factors
Riverside Resources (RRI) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$21.91M
Dividend YieldN/A
Average Volume (3M)76.13K
Price to Earnings (P/E)―
Beta (1Y)1.82
Revenue GrowthN/A
EPS Growth-90.32%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)N/A
Shares Outstanding93,243,460
10 Day Avg. Volume73,551
30 Day Avg. Volume76,131
Financial Highlights & Ratios
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 ...
How the Company Makes Money
Riverside Resources generally makes money through exploration-business development rather than producing metals. Key cash and value-generation pathways typically include: (1) option/joint-venture agreements in which a partner funds exploration spe...
Riverside Resources Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
71
Positive
Cash Flow
22
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -27.96K | -5.73K | -5.50K | -63.15K | -75.94K |
| EBITDA | 2.56M | -1.55M | -340.00K | -144.43K | -653.00K |
| Net Income | 2.53M | -1.59M | -395.00K | -208.00K | 734.13K |
Balance Sheet | |||||
| Total Assets | 11.32M | 13.83M | 15.32M | 16.32M | 14.90M |
| Cash, Cash Equivalents and Short-Term Investments | 4.80M | 5.62M | 7.41M | 7.05M | 7.37M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.50M | 1.96M | 1.76M | 4.09M | 3.92M |
| Stockholders Equity | 9.81M | 11.87M | 13.56M | 12.23M | 10.98M |
Cash Flow | |||||
| Free Cash Flow | -1.93M | -2.55M | -2.13M | -2.08M | -1.67M |
| Operating Cash Flow | -1.93M | -555.53K | -592.78K | -1.05M | -875.69K |
| Investing Cash Flow | -1.70M | -1.18M | -546.08K | 740.77K | 1.95M |
| Financing Cash Flow | 1.47M | 0.00 | 0.00 | 720.48K | 416.21K |
Riverside Resources Technical Analysis
Negative
0.27
Price Trends
0.23
Negative
0.23
Negative
0.20
Positive
Market Momentum
>-0.01
Negative
46.53
Neutral
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RRI, the sentiment is Negative. The current price of 0.27 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.23, and above the 200-day MA of 0.20, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.53 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:RRI.
Riverside Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | C$21.91M | -2.45 | 6.43% | ― | ― | -90.32% | |
46 Neutral | C$12.53M | 19.65 | -25.01% | ― | ― | ― | |
| ― | C$24.17M | 6.58 | 6.24% | ― | ― | -970.00% | |
53 Neutral | C$10.68M | -0.78 | -94.19% | ― | ― | 1.73% | |
53 Neutral | C$19.70M | 21.30 | 19.89% | ― | ― | ― | |
51 Neutral | C$16.23M | -44.79 | -56.83% | ― | ― | -221.30% |
* Basic Materials Sector Average
TSE:RRI
Riverside Resources
0.24
0.09
64.34%
TSE:CFE
Cartier Iron
0.17
0.05
41.67%
TSE:NOB
Noble Mineral Exploration
0.10
0.05
90.00%
TSE:PEX
Pacific Ridge Exploration
0.17
0.04
27.82%
TSE:SNG
Silver Range Resources
0.17
0.10
135.71%
TSE:ATHA
Athena Gold
0.55
<0.01
1.10%
Riverside Resources Corporate Events
Business Operations and StrategyM&A Transactions
Riverside Resources Consolidates Key Concessions at Union Project in Mexico
Positive
Mar 18, 2026
Riverside Resources has completed the consolidation of key mineral concessions in the Famosa area within the Union Project district in Sonora, Mexico, by acquiring three mineral titles from Pacific Comox through its Mexican subsidiary. The fully t...
Business Operations and Strategy
Riverside Resources Sharpens Drill-Ready Copper Targets at Ariel Project in Sonora
Positive
Feb 26, 2026
Riverside Resources reported new early-2026 exploration results from its fully owned, drill-permitted Ariel Copper Project in Sonora, Mexico, a district-scale porphyry copper-gold target located near the La Caridad mining complex. The company high...
Business Operations and Strategy
Riverside and Questcorp Hit High-Grade Gold-Silver at La Union, Complete Phase 1 Drilling
Positive
Jan 22, 2026
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 a...
Business Operations and Strategy
Riverside Resources Doubles Jacket Property With Redtop Option to Form Red Jacket Project in B.C.
Positive
Jan 21, 2026
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 we...
Business Operations and StrategyPrivate Placements and Financing
Riverside Resources Maps 2026 Growth Plan on Strong Balance Sheet and Expanding Royalty Portfolio
Positive
Jan 12, 2026
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...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.