Rio Silver Inc. (CVE:RYO – Get Free Report) shares were down 11.7% during trading on Wednesday . The stock traded as low as C$0.51 and last traded at C$0.53. Approximately 143,991 shares traded hands during trading, an increase of 240% from the average daily volume of 42,329 shares. The stock had previously closed at C$0.60.
Rio Silver Stock Down 16.7%
The stock has a market cap of C$8.48 million, a PE ratio of 25.00 and a beta of 0.53. The firm has a fifty day moving average of C$0.42 and a 200 day moving average of C$0.24.
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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