Rio Silver (CVE:RYO) Stock Price Up 25% – Here’s Why

Rio Silver Inc. (CVE:RYOGet Free Report) shares rose 25% on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 187,000 shares traded hands during trading, an increase of 263% from the average daily volume of 51,484 shares. The stock had previously closed at C$0.02.

Rio Silver Stock Performance

The firm has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The stock has a market capitalization of C$2.12 million, a P/E ratio of -2.50 and a beta of 1.95.

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 NiƱobamba silver gold project that covers an area of 4,490 hectares located in the Department of Ayacucho, Peru.

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