Rio Silver (CVE:RYO) Stock Price Up 25% – Time to Buy?

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) traded up 25% during mid-day trading on Thursday . The company 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 266% from the average session volume of 51,056 shares. The stock had previously closed at C$0.02.

Rio Silver Trading Up 25.0 %

The firm has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.02. The stock has a market capitalization of C$2.12 million, a price-to-earnings ratio of -2.50 and a beta of 1.95.

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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