Rio Silver (CVE:RYO) Trading Up 5.9% – What’s Next?

Rio Silver Inc. (CVE:RYOGet Free Report)’s stock price traded up 5.9% on Wednesday . The stock traded as high as C$0.38 and last traded at C$0.36. Approximately 63,677 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 262,568 shares. The stock had previously closed at C$0.34.

Rio Silver Stock Performance

The firm’s 50 day moving average price is C$0.29 and its two-hundred day moving average price is C$0.44. The firm has a market cap of C$21.31 million, a PE ratio of -1.64 and a beta of 1.42.

About Rio Silver

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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. 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.

Further Reading

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