Rio Silver Inc. (CVE:RYO – Get Free Report)’s share price dropped 9.3% on Tuesday . The stock traded as low as C$0.49 and last traded at C$0.49. Approximately 47,840 shares were traded during mid-day trading, an increase of 38% from the average daily volume of 34,561 shares. The stock had previously closed at C$0.54.
Rio Silver Stock Performance
The stock has a market capitalization of C$8.48 million, a price-to-earnings ratio of 16.67 and a beta of 0.19. The business has a 50-day moving average of C$0.28 and a 200-day moving average of C$0.16.
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.
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