Rio Silver (CVE:RYO) Reaches New 52-Week High – Here’s Why

Rio Silver Inc. (CVE:RYOGet Free Report)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as C$0.44 and last traded at C$0.44, with a volume of 101774 shares changing hands. The stock had previously closed at C$0.41.

Rio Silver Trading Up 22.0%

The company has a market capitalization of C$8.48 million, a PE ratio of 16.67 and a beta of 0.19. The stock’s 50-day moving average is C$0.27 and its two-hundred day moving average is C$0.15.

About Rio Silver

(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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