Rio Silver (CVE:RYO) Stock Price Down 25% – Here’s Why

Rio Silver Inc. (CVE:RYOGet Free Report)’s stock price dropped 25% on Friday . The company 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 Down 25.0 %

The stock has a market capitalization of C$1.27 million, a P/E ratio of -1.50 and a beta of 1.95. The business’s 50 day simple moving average is C$0.02 and its two-hundred day simple moving average is 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 NiƱobamba silver gold project that covers an area of 4,490 hectares located in the Department of Ayacucho, Peru.

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