Rio Alto Mining (RIO) Shares Cross Below 200 DMA

In trading on Tuesday, shares of Rio Alto Mining, Ltd. (TSX: RIO.TO) crossed below their 200 day moving average of $2.53, changing hands as low as $2.48 per share. Rio Alto Mining, Ltd. shares are currently trading off about 3.5% on the day. The chart below shows the one year performance of RIO shares, versus its 200 day moving average:

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Rio Alto Mining, Ltd. 200 Day Moving Average Chart

Looking at the chart above, RIO's low point in its 52 week range is $1.37 per share, with $3.36 as the 52 week high point — that compares with a last trade of $2.49.

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