Rio Silver (CVE:RYO) Sets New 52-Week High – Here’s What Happened

Rio Silver Inc. (CVE:RYOGet Free Report) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.65 and last traded at C$0.66, with a volume of 86430 shares. The stock had previously closed at C$0.60.

Rio Silver Price Performance

The business’s 50-day simple moving average is C$0.47 and its two-hundred day simple moving average is C$0.27. The stock has a market capitalization of C$25.44 million, a price-to-earnings ratio of 32.50 and a beta of 0.25.

Rio Silver Company Profile

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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. 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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