Rio Silver Inc. (CVE:RYO – Get Free Report)’s stock price fell 20% on Thursday . The stock traded as low as C$0.40 and last traded at C$0.40. 114,145 shares changed hands during trading, an increase of 7% from the average session volume of 106,560 shares. The stock had previously closed at C$0.50.
Rio Silver Trading Down 20.0%
The stock’s 50 day moving average price is C$0.56 and its two-hundred day moving average price is C$0.33. The firm has a market capitalization of C$6.79 million, a PE ratio of 20.00 and a beta of 0.13.
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. 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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