Rio Silver (CVE:RYO) Sets New 52-Week High – Should You Buy?

Rio Silver Inc. (CVE:RYOGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.21 and last traded at C$0.21, with a volume of 17909 shares trading hands. The stock had previously closed at C$0.18.

Rio Silver Stock Up 20.0%

The firm has a market capitalization of C$3.56 million, a P/E ratio of 7.00 and a beta of -0.64. The business has a 50-day moving average price of C$0.14 and a 200-day moving average price of C$0.07.

Rio Silver Company Profile

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

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