Rio Silver Inc. (CVE:RYO – Get Free Report)’s stock price fell 14.3% on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. 449,451 shares were traded during trading, an increase of 407% from the average session volume of 88,590 shares. The stock had previously closed at C$0.04.
Rio Silver Stock Performance
The firm has a market capitalization of C$2.12 million, a P/E ratio of -3.00 and a beta of 1.95. The firm has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.03.
Insider Activity
In other 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 transaction of C$87,500.00. Insiders own 30.45% of the company’s stock.
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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