Rio2 (RIO) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: C$0.68 to C$0.69
• 50-Day Range: C$0.51 to C$0.77
• 52-Week Range: C$0.16 to C$0.77
• Volume: 135,863 shs
• Average Volume: 264,546 shs
• Market Capitalization: C$219.83 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$0.85
• Consensus Rating: Buy

Rio2 Stock Analysis - MarketRank™

Rio2 scored higher than 25% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Rio2 has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Rio2 has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Rio2 is -17.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Rio2 is -17.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Rio2 has a P/B Ratio of 2.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for RIO.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Rio2 does not currently pay a dividend.

Dividend Growth

Rio2 does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for RIO.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.06

News Sentiment

Rio2 has a news sentiment score of 1.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Rio2 this week, compared to 1 article on an average week.

Search Interest

Only 46 people have searched for RIO on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Rio2 insiders have not sold or bought any company stock.

Percentage Held by Insiders

20.10% of the stock of Rio2 is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 16.88% of the stock of Rio2 is held by institutions.

RIO Stock Analysis - Frequently Asked Questions

How have RIO shares performed this year?

Rio2's stock was trading at C$0.40 at the start of the year. Since then, RIO shares have increased by 72.5% and is now trading at C$0.69.
View the best growth stocks for 2024 here.

How were Rio2's earnings last quarter?

Rio2 Limited (CVE:RIO) posted its quarterly earnings data on Thursday, August, 29th. The company reported ($0.01) earnings per share for the quarter.

How do I buy shares of Rio2?

Shares of RIO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Rio2 own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rio2 investors own include bluebird bio (BLUE), Calibre Mining (CXBMF), Barrick Gold (GOLD), Allied Gaming & Entertainment (AGAE), Ampio Pharmaceuticals (AMPE), Argonaut Gold (ARNGF) and Athene (ATH).

Company Calendar

• Last Earnings: 8/29/2024
• Today: 11/04/2024
• Next Earnings (Estimated): 11/15/2024

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Metals & Mining
• Current Symbol: CVE:RIO
• CUSIP: N/A
• CIK: N/A
• Web: www.rio2.com
• Phone: 1 604 260 2696
• Fax: N/A
• Employees: 53,700
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$0.85
• High Stock Price Target: C$1.10
• Low Stock Price Target: C$0.60
• Potential Upside/Downside: +23.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-10,010,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -12.48%
• Return on Assets: -5.79%

Debt

• Debt-to-Equity Ratio: 0.46
• Current Ratio: 24.96
• Quick Ratio: 1.10

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.07 per share
• Price / Cash Flow: 9.76
• Book Value: C$0.26 per share
• Price / Book: 2.65

Miscellaneous

• Outstanding Shares: 318,600,000
• Free Float: N/A
• Market Cap: C$219.83 million
• Optionable: Not Optionable
• Beta: 2.36