Rio Silver (CVE:RYO) Trading Down 25% – Should You Sell?

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) were down 25% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 210,000 shares were traded during mid-day 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 has a market cap of C$1.27 million, a price-to-earnings ratio of -1.50 and a beta of 1.95. The business has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.

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.

Read More

Receive News & Ratings for Rio Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rio Silver and related companies with MarketBeat.com's FREE daily email newsletter.