Rio Silver (CVE:RYO) Trading Up 30.4% – Time to Buy?

Rio Silver Inc. (CVE:RYOGet Free Report) shares traded up 30.4% on Tuesday . The stock traded as high as C$0.44 and last traded at C$0.37. 337,964 shares were traded during mid-day trading, an increase of 964% from the average session volume of 31,763 shares. The stock had previously closed at C$0.28.

Rio Silver Stock Performance

The firm’s fifty day simple moving average is C$0.25 and its 200 day simple moving average is C$0.14. The stock has a market capitalization of C$6.19 million, a price-to-earnings ratio of 12.17 and a beta of 0.19.

About Rio Silver

(Get Free Report)

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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