Shares of Rio Silver Inc. (CVE:RYO – Get Free Report) reached a new 52-week low on Thursday . The company traded as low as C$0.02 and last traded at C$0.03, with a volume of 22048 shares changing hands. The stock had previously closed at C$0.03.
Rio Silver Price Performance
The stock has a market capitalization of C$2.12 million, a P/E ratio of -2.50 and a beta of 1.95. The company has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03.
Insider Buying and Selling at Rio Silver
In other news, Director Steven Samuel Brunelle sold 3,500,000 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of C$0.03, for a total value of C$87,500.00. Insiders own 30.45% of the company’s stock.
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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