Rio Silver (CVE:RYO) Stock Price Up 25% – Time to Buy?

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) rose 25% during mid-day trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 187,000 shares traded hands 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 company has a market capitalization of C$2.12 million, a price-to-earnings ratio of -2.50 and a beta of 1.95. The company has a 50 day moving average price of C$0.02 and a 200 day moving average price of C$0.02.

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

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