Rio Silver Inc. (CVE:RYO – Get Free Report)’s share price shot up 18.9% during mid-day trading on Saturday . The stock traded as high as C$0.68 and last traded at C$0.63. 645,665 shares changed hands during trading, an increase of 391% from the average session volume of 131,471 shares. The stock had previously closed at C$0.53.
Rio Silver Stock Up 18.9%
The stock has a market capitalization of C$24.66 million, a price-to-earnings ratio of 31.50 and a beta of 0.13. The company’s fifty day simple moving average is C$0.56 and its 200 day simple moving average is C$0.35.
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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