Rio Silver (CVE:RYO) Trading 22% Higher – Here’s What Happened

Rio Silver Inc. (CVE:RYOGet Free Report)’s share price traded up 22% during mid-day trading on Friday . The stock traded as high as C$0.50 and last traded at C$0.50. 254,332 shares traded hands during mid-day trading, an increase of 661% from the average session volume of 33,402 shares. The stock had previously closed at C$0.41.

Rio Silver Stock Up 22.0%

The company’s 50-day simple moving average is C$0.26 and its 200-day simple moving average is C$0.15. The stock has a market cap of C$8.48 million, a price-to-earnings ratio of 16.67 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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