Shares of Rio Silver Inc. (CVE:RYO – Get Free Report) were up 17% during mid-day trading on Friday . The stock traded as high as C$0.67 and last traded at C$0.62. Approximately 367,571 shares traded hands during trading, an increase of 202% from the average daily volume of 121,718 shares. The stock had previously closed at C$0.53.
Rio Silver Trading Up 18.9%
The firm has a market capitalization of C$24.66 million, a PE ratio of 31.50 and a beta of 0.13. The company has a fifty day moving average price of C$0.56 and a two-hundred day moving average price of C$0.34.
About Rio Silver
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.
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