Rio Silver (CVE:RYO) Stock Price Up 30.4% – Time to Buy?

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) shot up 30.4% during trading on Tuesday . The company traded as high as C$0.44 and last traded at C$0.37. 337,964 shares changed hands during trading, an increase of 964% from the average session volume of 31,763 shares. The stock had previously closed at C$0.28.

Rio Silver Stock Performance

The company has a market capitalization of C$6.19 million, a P/E ratio of 12.17 and a beta of 0.19. The firm’s fifty day moving average is C$0.25 and its 200 day moving average is C$0.14.

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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