Shares of Rio2 Limited (CVE:RIO - Get Free Report) traded down 2.6% on Monday . The stock traded as low as C$0.72 and last traded at C$0.75. 1,591,332 shares traded hands during mid-day trading, an increase of 282% from the average session volume of 416,329 shares. The stock had previously closed at C$0.77.
Wall Street Analyst Weigh In
Separately, Atrium Research upgraded shares of Rio2 to a "strong-buy" rating in a research note on Thursday, March 13th.
Get Our Latest Stock Analysis on Rio2
Rio2 Price Performance
The firm has a market capitalization of C$270.29 million, a PE ratio of -13.03 and a beta of 2.36. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.10 and a current ratio of 17.39. The business's 50 day moving average is C$0.79 and its two-hundred day moving average is C$0.70.
Rio2 Company Profile
(
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.
Featured Stories
Before you consider Rio2, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rio2 wasn't on the list.
While Rio2 currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
