Rio Silver (CVE:RYO) Shares Up 25% – What’s Next?

Rio Silver Inc. (CVE:RYOGet Free Report) was up 25% during trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 187,000 shares changed hands during mid-day 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 stock has a 50-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 PE 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 Niñobamba silver gold project that covers an area of 4,490 hectares located in the Department of Ayacucho, Peru.

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