Rio Silver (CVE:RYO) Shares Up 30.4% – Should You Buy?

Rio Silver Inc. (CVE:RYOGet Free Report) shot up 30.4% on Tuesday . The company traded as high as C$0.44 and last traded at C$0.37. 337,964 shares were traded during trading, an increase of 969% from the average session volume of 31,628 shares. The stock had previously closed at C$0.28.

Rio Silver Stock Performance

The company has a market cap of C$6.87 million, a P/E ratio of 13.50 and a beta of 0.19. The stock has a 50-day moving average of C$0.26 and a two-hundred day moving average of C$0.14.

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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