Rio Silver Inc. (CVE:RYO – Get Free Report)’s stock price traded up 24.5% on Friday . The stock traded as high as C$0.68 and last traded at C$0.66. 588,943 shares were traded during mid-day trading, an increase of 354% from the average session volume of 129,597 shares. The stock had previously closed at C$0.53.
Rio Silver Stock Performance
The firm has a market capitalization of C$25.05 million, a price-to-earnings ratio of 32.00 and a beta of 0.13. The firm’s 50 day simple moving average is C$0.56 and its 200 day simple moving average is C$0.34.
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. The company was formerly known as Escape Gold Inc and changed its name to Rio Silver Inc in October 2011. The company is based in Vancouver, Canada.
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