Rio Silver (CVE:RYO) Sets New 1-Year Low – Time to Sell?

Rio Silver Inc. (CVE:RYOGet Free Report) reached a new 52-week low on Thursday . The company traded as low as C$0.02 and last traded at C$0.03, with a volume of 22048 shares changing hands. The stock had previously closed at C$0.03.

Rio Silver Stock Performance

The firm has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.03. The firm has a market capitalization of C$2.12 million, a P/E ratio of -2.50 and a beta of 1.95.

Insider Buying and Selling at Rio Silver

In other news, Director Steven Samuel Brunelle sold 3,500,000 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of C$0.03, for a total value of C$87,500.00. Insiders own 30.45% of the company’s stock.

Rio Silver Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Rio Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rio Silver and related companies with MarketBeat.com's FREE daily email newsletter.