Rio Silver (CVE:RYO) Shares Down 25% – Should You Sell?

Rio Silver Inc. (CVE:RYOGet Free Report)’s stock price was down 25% during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 210,000 shares changed hands during mid-day trading, an increase of 455% from the average daily volume of 37,819 shares. The stock had previously closed at C$0.02.

Rio Silver Stock Performance

The company has a market capitalization of C$1.27 million, a PE ratio of -1.50 and a beta of 1.95. The firm’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.

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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