Shares of Rio2 Limited (TSX:RIO – Get Free Report) shot up 0.6% during trading on Wednesday . The stock traded as high as C$3.44 and last traded at C$3.28. 940,681 shares were traded during mid-day trading, an increase of 107% from the average session volume of 453,570 shares. The stock had previously closed at C$3.26.
Rio2 Stock Performance
The company has a current ratio of 17.39, a quick ratio of 1.10 and a debt-to-equity ratio of 0.44. The stock has a market cap of C$1.40 billion, a price-to-earnings ratio of -26.35 and a beta of 1.57. The stock’s 50 day moving average is C$3.44 and its two-hundred day moving average is C$2.60.
About Rio2
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.
Recommended Stories
- Five stocks we like better than Rio2
- The gold chart Wall Street is terrified of…
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
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.
