Rio Silver (CVE:RYO) Trading Down 25% – What’s Next?

Rio Silver Inc. (CVE:RYOGet Free Report) was down 25% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 157,199 shares were traded during mid-day trading, an increase of 290% from the average daily volume of 40,354 shares. The stock had previously closed at C$0.02.

Rio Silver Trading Up 33.3 %

The firm’s fifty day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a market cap of C$1.70 million, a P/E ratio of -2.00 and a beta of 1.95.

About Rio Silver

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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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