Rio Silver (CVE:RYO) Trading Down 13% – Should You Sell?

Rio Silver Inc. (CVE:RYOGet Free Report) traded down 13% during trading on Tuesday . The stock traded as low as C$0.45 and last traded at C$0.47. 175,579 shares traded hands during trading, an increase of 393% from the average session volume of 35,583 shares. The stock had previously closed at C$0.54.

Rio Silver Price Performance

The company has a fifty day moving average price of C$0.28 and a 200 day moving average price of C$0.16. The stock has a market cap of C$8.31 million, a P/E ratio of 16.33 and a beta of 0.19.

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.

Further Reading

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