Rio Silver (CVE:RYO) Reaches New 1-Year Low – What’s Next?

Rio Silver Inc. (CVE:RYOGet Free Report)’s share price reached a new 52-week low on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 21000 shares changing hands. The stock had previously closed at C$0.03.

Rio Silver Stock Performance

The stock has a market capitalization of C$1.70 million, a PE ratio of -2.50 and a beta of 1.95. The firm’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.03.

Insider Transactions at Rio Silver

In related news, Director Steven Samuel Brunelle sold 3,500,000 shares of the company’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of C$0.03, for a total value of C$87,500.00. Company insiders own 30.45% of the company’s stock.

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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