Rio Silver (CVE:RYO) Shares Down 25% – What’s Next?

Rio Silver Inc. (CVE:RYOGet Free Report)’s stock price fell 25% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 157,199 shares were traded during trading, an increase of 290% from the average session volume of 40,354 shares. The stock had previously closed at C$0.02.

Rio Silver Price Performance

The company has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.03. The company has a market cap of C$1.27 million, a P/E ratio of -1.50 and a beta of 1.95.

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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