Rio Silver (CVE:RYO) Stock Price Up 25% – Here’s Why

Rio Silver Inc. (CVE:RYOGet Free Report)’s share price rose 25% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 187,000 shares were traded 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 Up 25.0 %

The firm has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The firm has a market cap of C$2.12 million, a PE ratio of -2.50 and a beta of 1.95.

Rio Silver Company Profile

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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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