Rio Silver (CVE:RYO) Shares Up 30.4% – Here’s Why

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) shot up 30.4% on Tuesday . The stock traded as high as C$0.44 and last traded at C$0.37. 337,964 shares changed hands during mid-day trading, an increase of 964% from the average session volume of 31,763 shares. The stock had previously closed at C$0.28.

Rio Silver Trading Up 30.4%

The stock’s 50-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 price-to-earnings ratio of 12.17 and a beta of 0.19.

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

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