Rio Silver Inc. (CVE:RYO – Get Free Report)’s stock price dropped 13% on Tuesday . The company traded as low as C$0.45 and last traded at C$0.47. Approximately 175,579 shares were traded during mid-day trading, an increase of 393% from the average daily volume of 35,583 shares. The stock had previously closed at C$0.54.
Rio Silver Stock Up 6.0%
The company’s 50-day moving average is C$0.30 and its two-hundred day moving average is C$0.16. The company has a market cap of C$8.99 million, a P/E ratio of 17.67 and a beta of 0.19.
About Rio Silver
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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