Rio Silver (CVE:RYO) Stock Price Up 25% – Here’s What Happened

Rio Silver Inc. (CVE:RYOGet Free Report) was up 25% during mid-day trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 187,000 shares were traded during trading, an increase of 263% from the average daily volume of 51,484 shares. The stock had previously closed at C$0.02.

Rio Silver Stock Performance

The firm has a market capitalization of C$2.12 million, a price-to-earnings ratio of -2.50 and a beta of 1.95. The business’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.02.

About Rio Silver

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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.

Further Reading

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