Rio Silver (CVE:RYO) Trading Up 25% – Time to Buy?

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) rose 25% on Thursday . 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 Stock Performance

The company has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The firm has a market capitalization of C$2.12 million, a PE ratio of -2.50 and a beta of 1.95.

Rio Silver Company Profile

(Get Free Report)

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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