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

Rio Silver Inc. (CVE:RYOGet Free Report) fell 25% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 210,000 shares were traded during mid-day trading, an increase of 366% from the average session volume of 45,042 shares. The stock had previously closed at C$0.02.

Rio Silver Trading Down 25.0 %

The firm’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The firm has a market cap of C$1.27 million, a PE 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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