Rio Silver (CVE:RYO) Stock Price Up 55.4% – Still a Buy?

Rio Silver Inc. (CVE:RYOGet Free Report)’s share price rose 55.4% during trading on Tuesday . The stock traded as high as C$0.44 and last traded at C$0.44. Approximately 239,065 shares traded hands during trading, an increase of 700% from the average daily volume of 29,895 shares. The stock had previously closed at C$0.28.

Rio Silver Trading Up 35.7%

The firm has a market capitalization of C$6.45 million, a PE ratio of 12.67 and a beta of 0.19. The firm’s fifty day moving average price is C$0.25 and its 200 day moving average price 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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