Shares of Rio Silver Inc. (CVE:RYO – Get Free Report) dropped 25% on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 157,199 shares were traded during mid-day 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 Stock Performance
The company has a market cap of C$1.27 million, a price-to-earnings ratio of -1.50 and a beta of 1.95. The firm’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.03.
Rio Silver Company Profile
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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