Rio Silver Inc. (CVE:RYO – Get Free Report) dropped 25% during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 157,199 shares changed hands during mid-day trading, an increase of 290% from the average daily volume of 40,354 shares. The stock had previously closed at C$0.02.
Rio Silver Trading Down 25.0 %
The firm has a market cap of C$1.27 million, a P/E ratio of -1.50 and a beta of 1.95. The business’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.03.
About Rio Silver
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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