Rio Silver (CVE:RYO) Trading Up 35.7% – What’s Next?

Rio Silver Inc. (CVE:RYOGet Free Report)’s share price shot up 35.7% during mid-day trading on Tuesday . The stock traded as high as C$0.44 and last traded at C$0.38. 254,993 shares traded hands during mid-day trading, an increase of 719% from the average session volume of 31,126 shares. The stock had previously closed at C$0.28.

Rio Silver Stock Performance

The firm has a fifty day moving average of C$0.25 and a 200-day moving average of C$0.14. The stock has a market capitalization of C$6.62 million, a price-to-earnings ratio of 13.00 and a beta of 0.19.

About Rio Silver

(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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