Shares of Rio Silver Inc. (CVE:RYO – Get Free Report) were down 16.7% during trading on Thursday . The company traded as low as C$0.50 and last traded at C$0.50. Approximately 371,103 shares changed hands during trading, an increase of 744% from the average daily volume of 43,971 shares. The stock had previously closed at C$0.60.
Rio Silver Trading Down 16.7%
The stock has a market cap of C$8.48 million, a P/E ratio of 25.00 and a beta of 0.53. The firm has a 50-day simple moving average of C$0.42 and a two-hundred day simple moving average of C$0.24.
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. 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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