Rio Silver Inc. (CVE:RYO – Get Free Report) shares were up 25% on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 187,000 shares changed hands during mid-day trading, an increase of 263% from the average daily volume of 51,484 shares. The stock had previously closed at C$0.02.
Rio Silver Price Performance
The firm’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The firm has a market cap of C$2.12 million, a price-to-earnings ratio of -2.50 and a beta of 1.95.
About Rio Silver
Rio Silver Inc engages in the acquisition, evaluation, and development of mineral properties in Canada and Peru. The company explores for precious and base metal deposits. Its flagship project is the Niñobamba silver gold project that covers an area of 4,490 hectares located in the Department of Ayacucho, Peru.
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