Shares of Rio Silver Inc. (CVE:RYO – Get Free Report) hit a new 52-week low on Friday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 78000 shares changing hands. The stock had previously closed at C$0.02.
Rio Silver Stock Performance
The company’s fifty day moving average is C$0.02 and its two-hundred 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.
Insider Transactions at Rio Silver
In other news, Director Steven Samuel Brunelle sold 3,500,000 shares of Rio Silver 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. Company 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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