Rio Silver Inc. (RYOOF)
Rio Silver Inc. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $0.27, up 4.59% on the session, giving a market capitalisation of $16.1M. On trailing twelve-month figures it carries a trailing P/E of -3.29, a net margin of 0.0%. Its beta of 1.70 implies it has historically moved more than the broad market.
Rio Silver Inc. is a mining company primarily involved in the exploration, acquisition, and advancement of mineral properties throughout the Americas, with a particular focus on Canada and Peru. The firm seeks out deposits containing both valuable precious metals and industrial base metals. A significant asset is its wholly-owned Niñobamba project in Peru's Ayacucho Department, an area spanning 4,490 hectares with promising silver and gold potential. Additionally, Rio Silver maintains full ownership of the Gerow Lake property, a base metal exploration site situated in northwestern Ontario, Canada, along with the Palpa Dorado property, located in the Moro district of Santa province, Ancash, Peru. Established in 2000, the company was initially known as Escape Gold Inc. before adopting its current name, Rio Silver Inc., in October 2011. It operates from its headquarters in Vancouver, Canada.
Rio Silver Inc. is most often compared with the following Basic Materials names: