Rio Silver Inc. (CVE:RYO – Get Free Report) shares shot up 13.2% on Friday . The stock traded as high as C$0.60 and last traded at C$0.60. 150,351 shares changed hands during trading, an increase of 34% from the average session volume of 112,224 shares. The stock had previously closed at C$0.53.
Rio Silver Stock Performance
The company has a market cap of C$26.22 million, a price-to-earnings ratio of 33.50 and a beta of 0.13. The company’s fifty day moving average is C$0.56 and its two-hundred day moving average is C$0.34.
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. 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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