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

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) fell 25% during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 157,199 shares changed hands 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 Stock Performance

The firm’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is 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.

Rio Silver Company Profile

(Get Free Report)

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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