Shares of Rio Silver Inc. (CVE:RYO – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.65 and last traded at C$0.66, with a volume of 86430 shares changing hands. The stock had previously closed at C$0.60.
Rio Silver Stock Up 10.0%
The stock has a 50-day moving average of C$0.48 and a 200 day moving average of C$0.28. The stock has a market cap of C$25.83 million, a PE ratio of 33.00 and a beta of 0.25.
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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