Rio Silver (CVE:RYO) Reaches New 1-Year Low – Should You Sell?

Rio Silver Inc. (CVE:RYOGet Free Report) shares reached a new 52-week low on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 21000 shares changing hands. The stock had previously closed at C$0.03.

Rio Silver Price Performance

The business’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.03. The firm has a market cap of C$1.70 million, a PE ratio of -2.50 and a beta of 1.95.

Insider Activity

In related news, Director Steven Samuel Brunelle sold 3,500,000 shares of Rio Silver stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of C$0.03, for a total value of C$87,500.00. Insiders own 30.45% of the company’s stock.

About Rio Silver

(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.

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