Rio Silver (CVE:RYO) Stock Price Up 22% – What’s Next?

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) were up 22% during mid-day trading on Friday . The company traded as high as C$0.50 and last traded at C$0.50. Approximately 254,332 shares changed hands during mid-day trading, an increase of 661% from the average daily volume of 33,402 shares. The stock had previously closed at C$0.41.

Rio Silver Stock Up 22.0%

The company has a market cap of C$8.48 million, a P/E ratio of 16.67 and a beta of 0.19. The company has a fifty day moving average of C$0.27 and a 200 day moving average of C$0.15.

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

Further Reading

Receive News & Ratings for Rio Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rio Silver and related companies with MarketBeat.com's FREE daily email newsletter.