Rio Silver (CVE:RYO) Trading Up 25% – Here’s Why

Rio Silver Inc. (CVE:RYOGet Free Report) shares traded up 25% during trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 187,000 shares traded hands during trading, an increase of 266% from the average session volume of 51,056 shares. The stock had previously closed at C$0.02.

Rio Silver Stock Up 25.0 %

The firm has a market capitalization of C$2.12 million, a P/E ratio of -2.50 and a beta of 1.95. The business’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.02.

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

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