Rio Silver (CVE:RYO) Trading Down 25% – Time to Sell?

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) were down 25% during trading on Friday . 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 366% from the average daily volume of 45,042 shares. The stock had previously closed at C$0.02.

Rio Silver Price Performance

The business’s 50-day moving average is C$0.02 and its 200 day moving average is C$0.02. The firm has a market capitalization 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 NiƱobamba silver gold project that covers an area of 4,490 hectares located in the Department of Ayacucho, Peru.

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