Rio Silver (CVE:RYO) Stock Price Up 25% – Should You Buy?

Rio Silver Inc. (CVE:RYOGet Free Report)’s stock price shot up 25% on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 187,000 shares changed hands during trading, an increase of 263% from the average session volume of 51,484 shares. The stock had previously closed at C$0.02.

Rio Silver Stock Performance

The company has a market capitalization of C$2.12 million, a price-to-earnings ratio of -2.50 and a beta of 1.95. The firm has a fifty day moving average price of C$0.02 and a 200-day moving average price of C$0.02.

About Rio Silver

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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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