Shares of Rio Silver Inc. (CVE:RYO – Get Free Report) 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 traded 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 Price Performance
The company has a market capitalization of C$1.27 million, a PE ratio of -1.50 and a beta of 1.95. The company’s fifty day moving average is C$0.02 and its 200-day moving average is C$0.02.
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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