Rio Silver (CVE:RYO) Sets New 52-Week Low – Here’s Why

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 157199 shares. The stock had previously closed at C$0.02.

Rio Silver Stock Down 25.0 %

The business’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.03. The company has a market cap of C$1.27 million, a price-to-earnings ratio of -1.50 and a beta of 1.95.

About Rio Silver

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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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