Rio Silver Inc. (CVE:RYO – Get Free Report)’s stock price dropped 25% during mid-day trading on Wednesday . The company 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 Stock Performance
The company has a market capitalization of C$1.27 million, a P/E ratio of -1.50 and a beta of 1.95. The business has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.03.
About Rio Silver
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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