Rio Silver Inc. (CVE:RYO – Get Free Report) traded down 6.7% during mid-day trading on Tuesday. The stock traded as low as C$0.28 and last traded at C$0.28. Approximately 121,709 shares traded 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 Down 6.7%
The company has a market capitalization of C$16.87 million, a PE ratio of -1.08 and a beta of 1.50. The business’s 50 day simple moving average is C$0.34 and its 200 day simple moving average is C$0.35.
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. 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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