Rio Silver (CVE:RYO) Hits New 12-Month Low – What’s Next?

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) hit a new 52-week low on Thursday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 80000 shares trading hands. The stock had previously closed at C$0.03.

Rio Silver Price Performance

The business has a fifty day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03. The firm has a market cap of C$1.70 million, a PE ratio of -2.00 and a beta of 1.95.

Insider Activity

In other news, Director Steven Samuel Brunelle sold 3,500,000 shares of the business’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of C$0.03, for a total transaction of C$87,500.00. 30.45% of the stock is owned by corporate insiders.

About Rio Silver

(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.

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