Rio Silver (CVE:RYO) Shares Down 25% – Here’s What Happened

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) fell 25% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 210,000 shares traded hands during mid-day trading, an increase of 366% from the average session volume of 45,042 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 P/E ratio of -1.50 and a beta of 1.95. The stock’s 50-day moving average price is C$0.02 and its 200 day moving average price is C$0.02.

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

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