Rio Silver Inc. (CVE:RYO – Get Free Report) shares traded down 16.7% during trading on Thursday . The stock traded as low as C$0.50 and last traded at C$0.50. 371,103 shares traded hands during trading, an increase of 744% from the average session volume of 43,971 shares. The stock had previously closed at C$0.60.
Rio Silver Price Performance
The company has a market capitalization of C$8.48 million, a price-to-earnings ratio of 25.00 and a beta of 0.53. The business’s 50-day moving average price is C$0.42 and its two-hundred day moving average price is C$0.23.
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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