Shares of Rio Silver Inc. (CVE:RYO – Get Free Report) dropped 25% during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 157,199 shares changed hands during trading, an increase of 290% from the average daily volume of 40,354 shares. The stock had previously closed at C$0.02.
Rio Silver Price Performance
The stock has a 50 day moving average price of C$0.02 and a two-hundred day moving average price of C$0.03. The company has a market capitalization of C$1.27 million, a price-to-earnings ratio of -1.50 and a beta of 1.95.
About Rio Silver
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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