Shares of Rio Silver Inc. (CVE:RYO – Get 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
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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