Rio2 Limited (OTCMKTS:RIOFF – Get Free Report)’s share price traded up 0.5% on Thursday. The stock traded as high as C$2.19 and last traded at C$2.18. Approximately 172,768 shares changed hands during trading, a decline of 70% from the average session volume of 582,068 shares. The stock had previously closed at C$2.17.
Rio2 Price Performance
The business has a 50-day simple moving average of C$2.41 and a two-hundred day simple moving average of C$2.14.
Rio2 Company Profile
Rio2 Limited is a Canadian mining development company focused on advancing the Fenix Gold Project in Chile. The project is a near-surface, oxide-gold deposit located in the Atacama Region near the city of Copiapó, an established mining area with access to transportation and other infrastructure.
The Fenix Gold Project is designed as an open-pit, heap-leach operation. Rio2’s activities include mineral exploration, project permitting, engineering, construction planning and the development of processing facilities intended to recover gold from the project’s oxide ore.
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