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

Rio Silver Inc. (CVE:RYOGet Free Report) shares dropped 25% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 210,000 shares were traded 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 Stock Performance

The firm has a market cap of C$1.27 million, a PE ratio of -1.50 and a beta of 1.95. The business has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.02.

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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