Rio Silver Inc. (CVE:RYO – Get Free Report) dropped 25% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 210,000 shares traded hands during mid-day trading, an increase of 366% from the average daily volume of 45,042 shares. The stock had previously closed at C$0.02.
Rio Silver Price Performance
The business’s 50-day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The company has a market capitalization of C$1.27 million, a price-to-earnings ratio of -1.50 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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