Rio Silver (CVE:RYO) Stock Price Down 24.2% – Here’s Why

Rio Silver Inc. (CVE:RYOGet Free Report)’s stock price dropped 24.2% during trading on Tuesday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 158,500 shares were traded during mid-day trading, an increase of 835% from the average daily volume of 16,950 shares. The stock had previously closed at C$0.17.

Rio Silver Price Performance

The business has a fifty day moving average of C$0.13 and a 200 day moving average of C$0.06. The stock has a market cap of C$3.05 million, a price-to-earnings ratio of 6.00 and a beta of -0.64.

About Rio Silver

(Get Free Report)

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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