Rio Silver (CVE:RYO) Shares Down 25% – Here’s Why

Rio Silver Inc. (CVE:RYOGet Free Report)’s share price fell 25% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 157,199 shares changed hands during mid-day trading, an increase of 290% from the average session volume of 40,354 shares. The stock had previously closed at C$0.02.

Rio Silver Stock Down 25.0 %

The company’s fifty day moving average is C$0.02 and its 200 day moving average is C$0.03. The firm has a market cap of C$1.27 million, a price-to-earnings ratio of -1.50 and a beta of 1.95.

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

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