Rio Silver (CVE:RYO) Reaches New 12-Month Low – Should You Sell?

Rio Silver Inc. (CVE:RYOGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 20000 shares changing hands. The stock had previously closed at C$0.02.

Rio Silver Stock Performance

The stock’s 50-day moving average price is C$0.02 and its 200-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

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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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