Rio Silver (CVE:RYO) Sets New 12-Month Low – Here’s What Happened

Shares of Rio Silver Inc. (CVE:RYOGet Free Report) reached a new 52-week low on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 80000 shares traded. The stock had previously closed at C$0.03.

Rio Silver Stock Performance

The firm’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.03. The stock has a market cap of C$1.70 million, a P/E ratio of -2.00 and a beta of 1.95.

Insider Buying and Selling at Rio Silver

In other Rio Silver news, Director Steven Samuel Brunelle sold 3,500,000 shares of the company’s stock in a transaction 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. Corporate insiders own 30.45% of the company’s stock.

Rio Silver Company Profile

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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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