Insider Selling: Rio Silver (CVE:RYO) Director Sells 38,772 Shares

Rio Silver Inc. (CVE:RYO) Director Steven Samuel Brunelle sold 38,772 shares of the firm’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of C$0.37, for a total transaction of C$14,345.64. Following the transaction, the director directly owned 755,518 shares in the company, valued at approximately C$279,541.66. The trade was a 4.88% decrease in their position.

Rio Silver Trading Down 1.4%

CVE RYO traded down C$0.01 during trading on Monday, reaching C$0.35. The company’s stock had a trading volume of 112,902 shares, compared to its average volume of 245,792. The stock has a market capitalization of C$20.91 million, a PE ratio of -1.37 and a beta of 1.71. Rio Silver Inc. has a 1-year low of C$0.12 and a 1-year high of C$1.56. The business has a 50-day moving average price of C$0.32 and a 200-day moving average price of C$0.40.

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.