Rio2 Limited (CVE:RIO - Get Free Report)'s stock price traded up 0.6% during mid-day trading on Thursday . The company traded as high as C$0.80 and last traded at C$0.79. 227,847 shares were traded during mid-day trading, a decline of 42% from the average session volume of 390,053 shares. The stock had previously closed at C$0.78.
Analyst Ratings Changes
Separately, Atrium Research raised Rio2 to a "strong-buy" rating in a research report on Thursday.
Check Out Our Latest Analysis on RIO
Rio2 Price Performance
The firm's 50 day moving average price is C$0.72 and its two-hundred day moving average price is C$0.66. The company has a debt-to-equity ratio of 0.44, a current ratio of 17.39 and a quick ratio of 1.10. The stock has a market cap of C$240.26 million, a PE ratio of -11.58 and a beta of 2.36.
Rio2 Company Profile
(
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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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