Rio Silver Inc. (CVE:RYO – Get Free Report) shares fell 25% during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 2,175,000 shares changed hands during trading, an increase of 3,101% from the average session volume of 67,944 shares. The stock had previously closed at C$0.02.
Rio Silver Trading Down 16.7%
The firm has a 50 day moving average of C$0.03 and a 200-day moving average of C$0.02. The company has a market cap of C$10.60 million, a P/E ratio of -12.50 and a beta of 1.95.
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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