Rio Silver Inc. (CVE:RYO – Get Free Report)’s stock price rose 10.3% during trading on Monday . The stock traded as high as C$0.33 and last traded at C$0.32. Approximately 395,687 shares changed hands during mid-day trading, an increase of 22% from the average daily volume of 323,953 shares. The stock had previously closed at C$0.29.
Rio Silver Stock Performance
The company’s 50-day moving average price is C$0.39 and its 200 day moving average price is C$0.52. The stock has a market capitalization of C$17.08 million, a PE ratio of -1.32 and a beta of 1.31.
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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