Shares of Rio Silver Inc. (CVE:RYO – Get Free Report) 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 mid-day 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 Performance
The firm has a market capitalization of C$2.12 million, a price-to-earnings ratio of -2.50 and a beta of 1.95. The business’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.02.
Rio Silver Company Profile
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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