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Rio Silver
(RYO)
Rio Silver (RYO) vs. iShares MSCI Canada ETF (EWC)
Rio Silver Business Overview & Revenue Model
Rio Silver Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 379.47K | 0.00 | -43.74K | -628.75K | -795.00K | -389.90K |
| Net Income | 314.10K | -1.96K | -553.00K | -634.00K | -846.00K | -390.00K |
Balance Sheet | ||||||
| Total Assets | 1.30M | 343.07K | 72.59K | 37.24K | 47.30K | 37.46K |
| Cash, Cash Equivalents and Short-Term Investments | 1.01M | 15.88K | 48.34K | 11.92K | 42.66K | 34.80K |
| Total Debt | 14.99K | 12.55K | 13.95K | 179.72K | 45.62K | 12.05K |
| Total Liabilities | 1.21M | 1.05M | 829.11K | 870.09K | 699.12K | 676.82K |
| Stockholders Equity | 93.95K | -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 Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 616.00K | 0.00 | 271.18K | 354.08K | 372.68K | 331.23K |
Rio Silver Technical Analysis
Rio Silver Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | C$8.48M | 27.42 | ā | ā | ā | ā | |
52 Neutral | C$9.50M | 28.33 | 22.23% | ā | ā | -78.57% | |
52 Neutral | C$11.55M | -1.55 | -772.07% | ā | ā | -679.31% | |
43 Neutral | C$5.48M | -1.98 | -284.00% | ā | ā | -202.42% | |
25 Underperform | C$13.94M | -23.17 | ā | ā | ā | 97.93% |
Rio Silver Corporate Events
Rio Silver has launched a staged metallurgical testing program at its Maria Norte Project in Peru to design a processing flowsheet aimed at optimizing silver recoveries while maintaining a low-capital-intensity development model. Representative samples from the Maria Vein have been sent to specialist firm Asesor Procesos Metalurgicos in Trujillo to characterize silver mineralization, evaluate processing responses and outline a preliminary flowsheet suitable for third‑party toll milling, with subsequent independent verification by Certimin in Lima. Management frames the initiative as a key technical de‑risking step ahead of planned initial processing activities targeted for late 2026 or early 2027, underscoring that robust, independently validated metallurgical results are critical to confirming recovery assumptions, supporting a capital‑efficient processing strategy and enhancing the project’s ability to convert Maria Norte’s geological potential into cash-generating production in a supportive silver price environment.
The most recent analyst rating on (TSE:RYO) stock is a Hold with a C$0.61 price target. To see the full list of analyst forecasts on Rio Silver stock, see the TSE:RYO Stock Forecast page.
Rio Silver Inc. has applied to trade on the U.S. OTC market in a move aimed at broadening access to U.S. institutional and retail investors, increasing liquidity and improving trading efficiency for its shares. Concurrently, the company will ramp up investor outreach at the Vancouver Resource Investment Conference 2026, using the high-profile event to highlight its silver projects in Peru and execution-focused milestones. Management views the dual push into the U.S. trading venue and conference engagement as a key step in strengthening market visibility and attracting a wider investor base at a time when it is progressing its silver-dominant assets with a capital-efficient growth strategy.
The most recent analyst rating on (TSE:RYO) stock is a Hold with a C$0.67 price target. To see the full list of analyst forecasts on Rio Silver stock, see the TSE:RYO Stock Forecast page.
Rio Silver Inc. has begun the formal regulatory process in Peru to secure the permits needed to access high‑grade silver mineralization at surface and to develop underground entry at its Maria Norte Project. Working with Peru’s Ministry of Energy and Mines and SUCAMEC, and building on existing community and access agreements, the company aims to obtain approvals for mining activities and explosives use and purchase, which it expects to receive in the second quarter, enabling blasting to expose surface veins, establish a portal and then evaluate strike continuity and depth for potential long‑term exploitation. Independent verification sampling conducted in 2025 under a National Instrument 43‑101 review confirmed high‑grade silver at surface, with assays ranging from 396 g/t to 991 g/t silver and associated lead, zinc and localized gold values, reinforcing Maria Norte’s characterization as a silver‑dominant, low‑sulphidation epithermal vein system and supporting management’s view of the project as a rare primary silver development opportunity in today’s market.
The most recent analyst rating on (TSE:RYO) stock is a Hold with a C$0.66 price target. To see the full list of analyst forecasts on Rio Silver stock, see the TSE:RYO Stock Forecast page.
Rio Silver has laid out a five-step, near-term development plan for its Maria Norte Project in Peru, aiming to rapidly access high-grade silver mineralization exposed at surface and advance into shallow underground workings. The plan hinges on finalizing community agreements for site access, leasing existing camp facilities for quick mobilization, starting extraction from confirmed high-grade surface and near-surface veins, preparing a portal to extend mining along the vein system at depth, and using nearby toll milling facilities to process ore without constructing a standalone plant. Management positions this approach as a proven, low-capital development model common in Peru’s historic silver districts, designed to accelerate the path toward potential cash flow while managing risk and preserving upside as underground access expands and additional high-grade zones are evaluated.
The most recent analyst rating on (TSE:RYO) stock is a Hold with a C$0.56 price target. To see the full list of analyst forecasts on Rio Silver stock, see the TSE:RYO Stock Forecast page.
Rio Silver has outlined a five-step plan to fast-track development of its Maria Norte Project in Peru, aiming to access high-grade silver exposed at surface and move quickly toward underground mining and potential near-term cash flow. The plan centers on finalizing community access agreements, leasing existing camp infrastructure, initially extracting from confirmed high-grade surface and near-surface veins, preparing a portal for underground access to additional high-grade zones, and trucking mined material to nearby toll-milling facilities. Management argues that this approach, modeled on established practices in Peru’s historic silver districts, should significantly reduce upfront capital needs, compress timelines, and position the company to generate early tonnes while systematically expanding underground, thereby enhancing its operational flexibility and competitive standing in a mature regional milling corridor.
The most recent analyst rating on (TSE:RYO) stock is a Hold with a C$0.56 price target. To see the full list of analyst forecasts on Rio Silver stock, see the TSE:RYO Stock Forecast page.
Rio Silver Inc. has launched a redesigned corporate website and expanded its official presence across multiple social media platforms to better showcase its high-grade silver development portfolio in Peru amid record silver prices. The enhanced digital infrastructure is intended to improve communication with shareholders and investors, provide clearer insight into the company’s strategy and project pipeline—especially its flagship Maria Norte Project—and strengthen transparency and engagement as it positions itself for the next phase of growth in a tightening silver market.
The most recent analyst rating on (TSE:RYO) stock is a Hold with a C$0.52 price target. To see the full list of analyst forecasts on Rio Silver stock, see the TSE:RYO Stock Forecast page.
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.
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.
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.
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.
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.
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.
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.
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.
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.