Shares of Rio Silver Inc. (CVE:RYO – Get Free Report) shot up 25% on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. 187,000 shares traded hands during mid-day trading, an increase of 263% from the average session volume of 51,484 shares. The stock had previously closed at C$0.02.
Rio Silver Price Performance
The business’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The firm has a market capitalization of C$2.12 million, a PE ratio of -2.50 and a beta of 1.95.
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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