Rio Silver (CVE:RYO) Trading Down 16.7% – Here’s What Happened

Rio Silver Inc. (CVE:RYOGet Free Report) dropped 16.7% during mid-day trading on Wednesday . The company traded as low as C$0.50 and last traded at C$0.50. Approximately 371,103 shares were traded during mid-day trading, an increase of 755% from the average daily volume of 43,404 shares. The stock had previously closed at C$0.60.

Rio Silver Trading Down 16.7%

The stock has a market cap of C$8.48 million, a PE ratio of 25.00 and a beta of 0.53. The business has a 50 day moving average of C$0.41 and a 200-day moving average 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.

Featured Articles

Receive News & Ratings for Rio Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rio Silver and related companies with MarketBeat.com's FREE daily email newsletter.