Rio Silver (CVE:RYO) Shares Down 25% – Here’s What Happened

Rio Silver Inc. (CVE:RYOGet Free Report)’s share price traded down 25% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 210,000 shares traded hands during mid-day trading, an increase of 366% from the average session volume of 45,042 shares. The stock had previously closed at C$0.02.

Rio Silver Trading Down 25.0 %

The business’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The stock has a market capitalization of C$1.27 million, a P/E 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.

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