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

Rio Silver Inc. (CVE:RYOGet Free Report) shares fell 25% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 210,000 shares were traded 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 Stock Performance

The stock has a market capitalization of C$1.27 million, a PE ratio of -1.50 and a beta of 1.95. The firm has a 50 day moving average of C$0.02 and a 200-day moving average of 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.

Further Reading

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