Rio2 Limited (CVE:RIO - Get Free Report)'s share price dropped 1.4% during trading on Thursday . The stock traded as low as C$0.71 and last traded at C$0.71. Approximately 257,591 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 240,281 shares. The stock had previously closed at C$0.72.
Rio2 Stock Performance
The company has a current ratio of 24.96, a quick ratio of 1.10 and a debt-to-equity ratio of 0.46. The company has a market cap of C$226.21 million, a PE ratio of -17.75 and a beta of 2.36. The firm's 50-day simple moving average is C$0.59 and its two-hundred day simple moving average is C$0.54.
Rio2 (CVE:RIO - Get Free Report) last posted its quarterly earnings data on Thursday, August 29th. The company reported C($0.01) EPS for the quarter. As a group, research analysts anticipate that Rio2 Limited will post -0.03 earnings per share for the current fiscal year.
About Rio2
(
Get Free Report)
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.
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