Rio Silver Inc. (CVE:RYO – Get Free Report)’s share price dropped 25% during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 210,000 shares changed hands during trading, an increase of 366% from the average daily volume of 45,042 shares. The stock had previously closed at C$0.02.
Rio Silver Stock Performance
The company’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The stock has a market cap of C$1.27 million, a P/E ratio of -1.50 and a beta of 1.95.
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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