Rio Silver Inc. (CVE:RYO – Get Free Report) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 10000 shares traded. The stock had previously closed at C$0.02.
Rio Silver Price Performance
The firm’s 50 day moving average price is C$0.02 and its 200 day moving average price is C$0.03. The stock has a market capitalization of C$1.27 million, a P/E ratio of -1.50 and a beta of 1.95.
Insider Activity
In other news, Director Steven Samuel Brunelle sold 3,500,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of C$0.03, for a total transaction of C$87,500.00. Company insiders own 30.45% of the company’s stock.
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.
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