Rio Silver (CVE:RYO) Shares Down 16.7% – Time to Sell?

Rio Silver Inc. (CVE:RYOGet Free Report) traded down 16.7% on Wednesday . The company traded as low as C$0.50 and last traded at C$0.50. 371,103 shares were traded during mid-day trading, an increase of 744% from the average session volume of 43,971 shares. The stock had previously closed at C$0.60.

Rio Silver Price Performance

The company has a market capitalization of C$8.48 million, a P/E ratio of 25.00 and a beta of 0.53. The firm has a fifty day moving average price of C$0.41 and a 200-day moving average price of C$0.23.

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. The company was formerly known as Escape Gold Inc and changed its name to Rio Silver Inc in October 2011. The company is based in Vancouver, Canada.

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