Rio Silver (CVE:RYO) Stock Price Down 25% – Should You Sell?

Rio Silver Inc. (CVE:RYO)’s stock price fell 25% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 210,000 shares were traded during trading, an increase of 366% from the average session volume of 45,042 shares. The stock had previously closed at C$0.02.

Rio Silver Price Performance

The firm has a market capitalization of C$1.27 million, a P/E ratio of -1.50 and a beta of 1.95. The stock has a fifty day moving average of C$0.02 and a 200-day moving average of C$0.02.

Rio Silver Company Profile

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.