Rio Silver (CVE:RYO) Trading Up 13% – What’s Next?

Rio Silver Inc. (CVE:RYOGet Free Report) was up 13% during trading on Tuesday . The company traded as high as C$0.26 and last traded at C$0.26. Approximately 14,304 shares were traded during trading, a decline of 44% from the average daily volume of 25,712 shares. The stock had previously closed at C$0.23.

Rio Silver Trading Up 13.0%

The firm has a market capitalization of C$4.41 million, a price-to-earnings ratio of 8.67 and a beta of 0.17. The company has a fifty day moving average price of C$0.17 and a 200-day moving average price of C$0.10.

About Rio Silver

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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 Niñobamba silver gold project that covers an area of 4,490 hectares located in the Department of Ayacucho, Peru.

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