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Rio Silver Inc (TSE:RYO)
:RYO
Canadian Market

Rio Silver (RYO) AI Stock Analysis

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TSE:RYO

Rio Silver

(RYO)

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Neutral 56 (OpenAI - 5.2)
Rating:56Neutral
Price Target:
C$0.64
▲(12.11% Upside)
The score is held back primarily by weak financial performance (pre-revenue, ongoing operating losses and negative operating cash flow), partially offset by strong technical momentum (price above major moving averages, positive MACD) and generally positive corporate developments (project acquisitions and financing). Valuation is only middling given a ~30.6 P/E without dividend support.
Positive Factors
Strategic Asset Sale
The sale of the Niñobamba project allows Rio Silver to reallocate resources, potentially improving financial stability and enabling future acquisitions.
Cash Flow Improvement
Positive free cash flow indicates improved cash management, which can support ongoing operations and reduce financial strain.
Operational Focus
The strategic sale allows Rio Silver to focus on core operations and new opportunities, enhancing long-term growth potential.
Negative Factors
Lack of Revenue Generation
The absence of revenue generation reflects a failure to monetize assets, posing a risk to long-term viability and financial health.
Negative Equity
Negative equity indicates financial instability and potential insolvency risk, limiting the company's ability to secure financing.
Operational Inefficiencies
Persistent operational inefficiencies suggest challenges in cost management and profitability, impacting long-term sustainability.

Rio Silver (RYO) vs. iShares MSCI Canada ETF (EWC)

Rio Silver Business Overview & Revenue Model

Company DescriptionRio Silver Inc. engages in the acquisition, evaluation, and development of mineral properties in the Americas, Canada, and Peru. It explores for precious and base metal deposits. The company owns 100% interest in Niñobamba silver and gold project covering an area of 4,490 hectares located in the Department of Ayacucho, Peru. It also holds 100% interest in the Gerow Lake property, a base metal project located in northwestern Ontario, Canada; and Palpa Dorado property located in Moro district of Santa province, Ancash, Peru. The company was formerly known as Escape Gold Inc. and changed its name to Rio Silver Inc. in October 2011. Rio Silver Inc. was incorporated in 2000 and is based in Vancouver, Canada.
How the Company Makes MoneyRio Silver Inc. generates revenue primarily through the exploration and development of mineral properties containing precious metals such as silver and gold. The company finances its exploration activities through equity financing, joint ventures, or partnerships with other mining entities. Once a viable mineral deposit is identified and developed, Rio Silver can monetize the asset through the sale of extracted resources or by selling the developed project to larger mining companies. Additionally, strategic partnerships and joint ventures can provide upfront payments, milestone payments, or royalties, contributing to the company's earnings.

Rio Silver Financial Statement Overview

Summary
Rio Silver's financial performance is weak, with no revenue generation and persistent operational losses. The negative equity and high leverage indicate financial instability. Although cash flow improvements are a positive, they are overshadowed by broader financial challenges.
Income Statement
Rio Silver has consistently reported zero revenue over the reporting periods, indicating a lack of operational success in generating sales. Net income is negative, reflecting continuous losses, and EBIT/EBITDA are consistently negative, highlighting operational inefficiencies. The lack of revenue growth further exacerbates these financial challenges.
Balance Sheet
The company has negative stockholders' equity, reflecting a concerning capital structure and potential insolvency risk. The high debt-to-equity ratio, due to negative equity, indicates excessive leverage. The equity ratio is negative, further signaling financial instability and potential risk for creditors.
Cash Flow
While free cash flow turned positive in the TTM period, previous periods show significant negative free cash flow, indicating cash management challenges. The operating cash flow to net income ratio improved recently but was negative in earlier periods, suggesting inconsistent cash flow performance relative to accounting losses.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit0.000.000.000.000.000.00
EBITDA379.47K0.00-43.74K-628.75K-795.00K-389.90K
Net Income314.10K-1.96K-553.00K-634.00K-846.00K-390.00K
Balance Sheet
Total Assets1.30M343.07K72.59K37.24K47.30K37.46K
Cash, Cash Equivalents and Short-Term Investments1.01M15.88K48.34K11.92K42.66K34.80K
Total Debt14.99K12.55K13.95K179.72K45.62K12.05K
Total Liabilities1.21M1.05M829.11K870.09K699.12K676.82K
Stockholders Equity93.95K-710.73K-756.52K-832.86K-651.82K-639.36K
Cash Flow
Free Cash Flow-145.01K-32.46K-234.76K-384.83K-364.81K-311.93K
Operating Cash Flow-145.01K-32.46K-234.76K-384.83K-364.81K-311.93K
Investing Cash Flow0.000.000.000.000.000.00
Financing Cash Flow616.00K0.00271.18K354.08K372.68K331.23K

Rio Silver Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.57
Price Trends
50DMA
0.43
Positive
100DMA
0.31
Positive
200DMA
0.21
Positive
Market Momentum
MACD
0.03
Positive
RSI
56.09
Neutral
STOCH
22.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RYO, the sentiment is Positive. The current price of 0.57 is above the 20-day moving average (MA) of 0.55, above the 50-day MA of 0.43, and above the 200-day MA of 0.21, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 56.09 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RYO.

Rio Silver Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
56
Neutral
C$9.16M30.11
52
Neutral
C$8.97M26.6722.23%-78.57%
52
Neutral
C$9.24M-1.47-772.07%-679.31%
47
Neutral
C$6.25M-2.35-284.00%-202.42%
25
Underperform
C$13.21M-25.0097.93%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:RYO
Rio Silver
0.56
0.49
700.00%
TSE:MLY
American CuMo Mining
0.04
0.00
0.00%
TSE:NWX
Newport Exploration
0.08
<0.01
6.67%
TSE:NLR
Northern Lights Resources
0.10
0.06
171.43%
TSE:LGHT
Alerio Gold Corp
TSE:NUKV
Gold Digger Resources Inc
0.30
-0.11
-26.83%

Rio Silver Corporate Events

Business Operations and Strategy
Rio Silver Confirms High-Grade Surface Silver at Maria Norte, Clears Path to Near-Term Peru Development
Positive
Jan 6, 2026

Rio Silver reported that recent NI 43-101-compliant verification work at its Maria Norte project in central Peru has confirmed high-grade silver mineralization at surface, with channel samples returning up to 991 g/t silver and 6.26 g/t gold over 0.7 metres, plus strong lead and zinc values. Conducted by independent Qualified Person James A. McCrea, the limited but carefully controlled sampling supports the presence of a robust low-sulphidation epithermal vein system consistent with historical results and other producing mines in the Huachocolpa District, underpinning management’s view that Maria Norte has a clear path toward near-term development supported by favorable geology, metallurgy, existing infrastructure and strong community engagement.

The most recent analyst rating on (TSE:RYO) stock is a Hold with a C$0.64 price target. To see the full list of analyst forecasts on Rio Silver stock, see the TSE:RYO Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Rio Silver Retires $293,250 in Debt Through Equity and Warrant Issuance
Positive
Jan 1, 2026

Rio Silver Inc. has converted $293,250 of debt into equity and warrants, issuing 1,396,428 common shares at a deemed price of $0.21 per share, including 976,190 shares to non-arm’s length creditors, and 420,238 common share purchase warrants exercisable at $0.28 per share until December 31, 2028. The securities, which are subject to a hold period expiring May 1, 2026, are part of a securities-for-debt transaction that is intended to strengthen the company’s balance sheet by improving its working capital deficiency, potentially enhancing its financial flexibility as it advances its silver-focused portfolio in Peru.

The most recent analyst rating on (TSE:RYO) stock is a Hold with a C$0.64 price target. To see the full list of analyst forecasts on Rio Silver stock, see the TSE:RYO Stock Forecast page.

Business Operations and StrategyM&A Transactions
Rio Silver Maps Path to Production at Maria Norte as Record Silver Prices Lift Outlook
Positive
Dec 24, 2025

Rio Silver has issued a year-end shareholder letter highlighting its strategic positioning amid record silver prices and structural deficits in the global silver market, driven by surging industrial demand and its role as a monetary asset. The company underscores the recently approved acquisition of the high-grade Maria Norte project in Peru as a turning point, outlining an active work plan that includes social licensing, site preparation, permitting and underground access to prioritize accessible high-grade mineralization and move toward near-term cash flow. Management also points to district-scale upside from the Santa Rita exploration project in Peru and long-term optionality from its Ring of Fire critical minerals asset in Northern Ontario, supported by policy momentum and community engagement. Together with retained royalties and an equity position in Magma Silver, these assets are presented as building blocks for 2026 to be a defining year in which Rio Silver aims to solidify its development pipeline, enhance financial flexibility and leverage the strong silver price environment for shareholder value creation.

Business Operations and StrategyM&A Transactions
Rio Silver Acquires Maria Norte Project, Boosting Silver Development Amid Global Demand Surge
Positive
Dec 15, 2025

Rio Silver Inc. has completed the acquisition of the Maria Norte Silver-Gold-Lead Project in Peru’s historic Huachocolpa Mining District, marking a significant step toward silver development amid rising global demand driven by AI, electronics, and renewable-energy markets. This acquisition positions Rio Silver to capitalize on the structural global deficit in silver supply, offering investors exposure to a high-impact silver opportunity with district-scale discovery potential, existing infrastructure, and a low-cost development pathway.

Business Operations and StrategyM&A Transactions
Rio Silver Completes Acquisition of Maria Norte Property in Peru
Positive
Dec 13, 2025

Rio Silver Inc. has successfully closed the acquisition of the Maria Norte Property in Central Peru, following regulatory approval. This acquisition involves obtaining 100% of the shares of Mamaniña Exploraciones S.A.C., a Peruvian corporation holding mining rights to the property. As part of the transaction, Rio Silver issued shares to Peruvian Metals Corp. and agreed to a payment plan over five years. This strategic move is expected to enhance Rio Silver’s operational capacity and strengthen its position in the Peruvian mining sector.

Business Operations and StrategyM&A Transactions
Rio Silver Expands Presence in Peru with Santa Rita Acquisition
Positive
Dec 2, 2025

Rio Silver Inc. has acquired the Santa Rita Property in Central Peru, a promising silver-lead-zinc project, through a closed-bid auction. This acquisition expands the company’s presence in a prolific mineral belt, enhancing its strategy to become a pure-play silver developer. The Santa Rita project, located near existing operations, offers significant exploration potential with high-grade CRD mineralization, and the company is preparing for initial onsite work. The acquisition aligns with Rio Silver’s disciplined approach, providing 100% ownership without underlying royalties, and positions the company to capitalize on high silver prices and tightening global supply.

Business Operations and StrategyProduct-Related Announcements
Rio Silver Advances High-Grade Silver Development in Peru
Positive
Nov 25, 2025

Rio Silver is advancing its Maria Norte project in Peru, with preparations for high-grade silver production underway. The company has completed a detailed site visit and is ready to launch its development program upon regulatory approval. With strong local support and a well-funded treasury, Rio Silver aims to unlock the potential of the emerging silver district. Additionally, the company holds valuable royalty interests and continues to explore district-scale opportunities, enhancing its financial position and growth potential.

Business Operations and StrategyPrivate Placements and Financing
Rio Silver Secures $2.2 Million in Private Placement to Boost Exploration Efforts
Positive
Nov 13, 2025

Rio Silver Inc. has successfully closed its non-brokered private placement, raising $2.2 million through the issuance of 22 million units. The funds will be directed towards the exploration and development of its projects in Peru and Northern Ontario, with a portion reserved for general working capital. The announcement highlights the company’s strategic focus on expanding its exploration efforts, although the use of funds for the Maria Norte project is contingent on regulatory approval. This move positions Rio Silver to strengthen its operational capabilities and potentially enhance its market position in the mining sector.

Business Operations and StrategyPrivate Placements and Financing
Rio Silver Proposes Debt Settlement via Share Issuance
Positive
Nov 6, 2025

Rio Silver Inc. has announced a proposal to settle $293,250 of its debt by issuing 1,396,428 common shares and 420,238 common share purchase warrants, pending approval from the TSX Venture Exchange. This transaction aims to improve the company’s working capital deficiency, potentially strengthening its financial position and operational capabilities.

Business Operations and StrategyPrivate Placements and Financing
Rio Silver Secures Conditional Approval for $2.2M Private Placement
Positive
Oct 29, 2025

Rio Silver Inc. has received conditional approval from the TSX Venture Exchange for a $2.2 million private placement, involving the issuance of 22 million units at 10 cents each. The proceeds will be used for exploration projects in Peru, working capital, and debt settlement. The offering includes warrants and finders’ fees, with securities subject to a four-month hold. The company is also awaiting approval for the acquisition of the Maria Norte project.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 30, 2025