Rio Silver Inc. (CVE:RYO – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 6666 shares trading hands. The stock had previously closed at C$0.02.
Rio Silver Trading Down 25.0 %
The firm has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.03. The company has a market cap of C$1.27 million, a P/E ratio of -2.00 and a beta of 1.95.
Insider Activity
In related news, Director Steven Samuel Brunelle sold 3,500,000 shares of the business’s stock in a transaction dated 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.
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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