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

Rio Silver Inc. (CVE:RYOGet Free Report) was down 25% on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 157,199 shares traded hands during 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 Price Performance

The firm has a market cap of C$1.27 million, a price-to-earnings ratio of -1.50 and a beta of 1.95. The firm’s fifty day moving average is C$0.02 and its 200-day moving average is C$0.03.

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 Niñobamba silver gold project that covers an area of 4,490 hectares located in the Department of Ayacucho, Peru.

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