Rio Silver (CVE:RYO) Stock Price Down 25% – What’s Next?

Rio Silver Inc. (CVE:RYOGet Free Report) was down 25% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 157,199 shares traded hands during mid-day trading, an increase of 290% from the average daily volume of 40,354 shares. The stock had previously closed at C$0.02.

Rio Silver Stock Down 25.0 %

The firm has a market capitalization of C$1.27 million, a P/E 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$0.03.

Rio Silver Company Profile

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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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