Rio Silver (CVE:RYO) Stock Price Up 42.9% – Still a Buy?

Rio Silver Inc. (CVE:RYOGet Free Report)’s stock price was up 42.9% during mid-day trading on Tuesday . The company traded as high as C$0.44 and last traded at C$0.40. Approximately 265,685 shares traded hands during trading, an increase of 749% from the average daily volume of 31,280 shares. The stock had previously closed at C$0.28.

Rio Silver Trading Up 1.3%

The stock has a 50 day simple moving average of C$0.26 and a 200 day simple moving average of C$0.14. The stock has a market cap of C$6.87 million, a P/E ratio of 13.50 and a beta of 0.19.

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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