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

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) were down 25% during mid-day trading on Tuesday . 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 Trading Down 25.0 %

The firm’s fifty day moving average is C$0.02 and its 200-day moving average is C$0.03. The stock has a market capitalization of C$1.27 million, a P/E ratio of -1.50 and a beta of 1.95.

Rio Silver Company Profile

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

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