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

Rio Silver Inc. (CVE:RYOGet Free Report) shares were down 25% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 210,000 shares changed hands during trading, an increase of 455% from the average daily volume of 37,819 shares. The stock had previously closed at C$0.02.

Rio Silver Price Performance

The business’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.02. The stock has a market capitalization of C$1.27 million, a price-to-earnings 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 Niñobamba silver gold project that covers an area of 4,490 hectares located in the Department of Ayacucho, Peru.

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