Rio Silver (CVE:RYO) Director Steven Samuel Brunelle Sells 25,000 Shares

Rio Silver Inc. (CVE:RYO) Director Steven Samuel Brunelle sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of C$0.45, for a total value of C$11,250.00. Following the sale, the director owned 794,290 shares of the company’s stock, valued at C$357,430.50. This represents a 3.05% decrease in their ownership of the stock.

Rio Silver Price Performance

Shares of Rio Silver stock opened at C$0.45 on Thursday. The business has a 50-day moving average of C$0.54 and a 200-day moving average of C$0.52. The company has a market capitalization of C$26.16 million, a PE ratio of 22.25 and a beta of 1.36. Rio Silver Inc. has a 1-year low of C$0.08 and a 1-year high of C$1.56.

Rio Silver Company Profile

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. The company was formerly known as Escape Gold Inc and changed its name to Rio Silver Inc in October 2011. The company is based in Vancouver, Canada.