Rio Silver (CVE:RYO) Stock Price Down 2.9% – Here’s What Happened

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) traded down 2.9% during trading on Wednesday . The company traded as low as C$0.66 and last traded at C$0.66. 139,325 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 124,473 shares. The stock had previously closed at C$0.68.

Rio Silver Stock Performance

The company has a market cap of C$26.62 million, a price-to-earnings ratio of 34.00 and a beta of 0.13. The company has a fifty day moving average price of C$0.57 and a two-hundred day moving average price of C$0.37.

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. 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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