Rio2 Limited (CVE:RIO – Get Free Report)’s share price was up 2.9% on Monday . The company traded as high as C$0.70 and last traded at C$0.70. Approximately 202,425 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 273,466 shares. The stock had previously closed at C$0.68.
Rio2 Price Performance
The stock has a fifty day moving average of C$0.67 and a two-hundred day moving average of C$0.58. The stock has a market cap of C$211.87 million, a price-to-earnings ratio of -16.88 and a beta of 2.36. The company has a quick ratio of 1.10, a current ratio of 24.96 and a debt-to-equity ratio of 0.46.
Rio2 (CVE:RIO – Get Free Report) last posted its quarterly earnings results on Thursday, August 29th. The company reported C($0.01) earnings per share for the quarter. On average, equities research analysts anticipate that Rio2 Limited will post -0.03 earnings per share for the current year.
About Rio2
Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile. It holds a 100% in the Fenix Gold Project covering an area of approximately 16,050 hectares located in Chile. The company was incorporated in 1990 and is headquartered in Vancouver, Canada.
Further Reading
- Five stocks we like better than Rio2
- What is the Hang Seng index?
- Microsoft Stock Gets a $550 Price Target: Time to Get Excited
- Insider Buying Explained: What Investors Need to Know
- Trump Tariffs in Focus: 2 Chinese Stocks to Own and 2 to Avoid
- Following Congress Stock Trades
- 2 Generic Drug Stocks Ready to Surge in 2025
Receive News & Ratings for Rio2 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rio2 and related companies with MarketBeat.com's FREE daily email newsletter.
