Rio Silver (CVE:RYO) Trading 1.4% Higher – Time to Buy?

Rio Silver Inc. (CVE:RYO – Get Free Report) shares rose 1.4% on Wednesday . The company traded as high as C$0.37 and last traded at C$0.36. 137,271 shares traded hands during trading, a decline of 45% from the average daily volume of 249,837 shares. The stock had previously closed at C$0.36.

Rio Silver Stock Performance

The firm has a market capitalization of C$21.50 million, a P/E ratio of -1.40 and a beta of 1.71. The business has a fifty day moving average of C$0.31 and a 200-day moving average of C$0.42.

Rio Silver Company Profile

(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. 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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