Rio2 Limited (CVE:RIO - Get Free Report) was up 2.9% during mid-day trading on Thursday . The company traded as high as C$0.71 and last traded at C$0.70. Approximately 464,157 shares were traded during mid-day trading, an increase of 94% from the average daily volume of 239,440 shares. The stock had previously closed at C$0.68.
Rio2 Stock Performance
The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.10 and a current ratio of 24.96. The stock's 50 day moving average price is C$0.64 and its 200 day moving average price is C$0.62. The company has a market capitalization of C$223.02 million, a P/E ratio of -17.50 and a beta of 2.36.
About Rio2
(
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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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