Rio Silver (CVE:RYO) Trading Up 30.4% – What’s Next?

Rio Silver Inc. (CVE:RYOGet Free Report)’s share price was up 30.4% during trading on Tuesday . The stock traded as high as C$0.44 and last traded at C$0.37. Approximately 337,964 shares traded hands during trading, an increase of 969% from the average daily volume of 31,628 shares. The stock had previously closed at C$0.28.

Rio Silver Trading Up 30.4%

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

Rio Silver Company Profile

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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 NiƱobamba silver gold project that covers an area of 4,490 hectares located in the Department of Ayacucho, Peru.

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