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

Rio Silver Inc. (CVE:RYOGet Free Report)’s stock price was down 25% during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 210,000 shares changed hands during mid-day trading, an increase of 366% from the average daily volume of 45,042 shares. The stock had previously closed at C$0.02.

Rio Silver Trading Down 25.0 %

The firm has a market cap of C$1.27 million, a P/E ratio of -1.50 and a beta of 1.95. The business has a 50 day moving average of C$0.02 and a two-hundred day moving average of C$0.02.

About Rio Silver

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

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