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

Rio Silver Inc. (CVE:RYOGet Free Report)’s share price was down 25% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 210,000 shares changed hands during 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 Trading Down 25.0 %

The stock’s 50-day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The stock has a market capitalization of C$1.27 million, a P/E ratio of -1.50 and a beta of 1.95.

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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