Rio Silver (CVE:RYO) Trading 25% Higher – What’s Next?

Rio Silver Inc. (CVE:RYOGet Free Report) traded up 25% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 187,000 shares were traded during mid-day 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 Up 25.0 %

The company has a market cap of C$2.12 million, a price-to-earnings ratio of -2.50 and a beta of 1.95. The stock’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.

Rio Silver Company Profile

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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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