Rio Silver (CVE:RYO) Hits New 12-Month Low – What’s Next?

Rio Silver Inc. (CVE:RYOGet Free Report) reached a new 52-week low on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 6666 shares trading hands. The stock had previously closed at C$0.02.

Rio Silver Trading Down 25.0 %

The stock has a market capitalization of C$1.27 million, a PE ratio of -2.00 and a beta of 1.95. The stock has a 50 day moving average price of C$0.02 and a 200-day moving average price of C$0.03.

Insiders Place Their Bets

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

Rio Silver Company Profile

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

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