Rio Silver Inc. (CVE:RYO – Get Free Report)’s share price fell 6.7% during trading on Tuesday. The stock traded as low as C$0.28 and last traded at C$0.28. Approximately 121,709 shares changed hands during trading, a decline of 48% from the average daily volume of 234,906 shares. The stock had previously closed at C$0.30.
Rio Silver Stock Performance
The company has a 50 day moving average of C$0.34 and a 200 day moving average of C$0.35. The firm has a market cap of C$16.87 million, a P/E ratio of -1.08 and a beta of 1.50.
Rio Silver Company Profile
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. The company was formerly known as Escape Gold Inc and changed its name to Rio Silver Inc in October 2011. The company is based in Vancouver, Canada.
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