Rio Silver (CVE:RYO) Trading 22% Higher – Here’s What Happened

Rio Silver Inc. (CVE:RYOGet Free Report) was up 22% during mid-day trading on Friday . The stock traded as high as C$0.50 and last traded at C$0.50. Approximately 254,332 shares were traded during 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 Performance

The firm has a market capitalization of C$8.48 million, a P/E ratio of 16.67 and a beta of 0.19. The business 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.

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