Rio Silver Inc. (CVE:RYO – Get Free Report)’s share price dropped 25% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 210,000 shares were traded 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 Stock Performance
The firm has a market cap of C$1.27 million, a price-to-earnings ratio of -1.50 and a beta of 1.95. The business’s 50-day moving average is C$0.02 and its 200-day moving average is C$0.02.
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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