Rio Silver (CVE:RYO) Sets New 1-Year Low – What’s Next?

Rio Silver Inc. (CVE:RYO – Get Free Report) shares reached a new 52-week low during trading on Thursday. The stock traded as low as C$0.24 and last traded at C$0.24, with a volume of 47,564 shares. The stock had previously closed at C$0.25.

Rio Silver Stock Performance

The business’s 50 day moving average is C$0.34 and its two-hundred day moving average is C$0.34. The firm has a market capitalization of C$14.46 million, a PE ratio of -0.92 and a beta of 1.50.

Rio Silver Company Profile

(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. 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.

Further Reading

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