Rio Silver (CVE:RYO) Shares Down 25% – Should You Sell?

Rio Silver Inc. (CVE:RYOGet Free Report) was down 25% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 210,000 shares traded hands during mid-day trading, an increase of 455% from the average daily volume of 37,819 shares. The stock had previously closed at C$0.02.

Rio Silver Price Performance

The stock has a 50 day moving average price of C$0.02 and a 200-day moving average price of C$0.02. The stock has a market capitalization of C$1.27 million, a price-to-earnings 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 NiƱobamba silver gold project that covers an area of 4,490 hectares located in the Department of Ayacucho, Peru.

Further Reading

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