Rio Silver (CVE:RYO) Stock Price Down 1.9% – Here’s What Happened

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) traded down 1.9% on Wednesday . The company traded as low as C$0.26 and last traded at C$0.26. Approximately 48,500 shares traded hands during trading, a decline of 82% from the average daily volume of 273,834 shares. The stock had previously closed at C$0.27.

Rio Silver Stock Performance

The stock has a market cap of C$15.39 million, a P/E ratio of -1.18 and a beta of 1.39. The firm has a 50-day moving average price of C$0.29 and a 200-day moving average price of C$0.47.

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 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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