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

Rio Silver Inc. (CVE:RYOGet Free Report) shares were down 25% during trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 157,199 shares were traded during mid-day 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 Stock Performance

The company has a market cap of C$1.27 million, a price-to-earnings ratio of -1.50 and a beta of 1.95. The company has a fifty day moving average of C$0.02 and a two-hundred day moving average of C$0.03.

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

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