Rio2 Limited (TSE:RIO – Get Free Report)’s share price traded up 8.5% on Friday . The stock traded as high as C$2.56 and last traded at C$2.56. 545,414 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 2,001,259 shares. The stock had previously closed at C$2.36.
Rio2 Stock Up 8.9%
The company has a market cap of C$1.35 billion, a price-to-earnings ratio of -85.67 and a beta of 2.04. The business has a fifty day moving average of C$3.27 and a two-hundred day moving average of C$2.66. The company has a current ratio of 2.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.19.
Rio2 Company Profile
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.
Further Reading
Receive News & Ratings for Rio2 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rio2 and related companies with MarketBeat.com's FREE daily email newsletter.
