Rio2 Limited (CVE:RIO – Get Free Report) was down 1.3% during trading on Thursday . The company traded as low as C$0.75 and last traded at C$0.75. Approximately 219,100 shares changed hands during trading, a decline of 36% from the average daily volume of 343,809 shares. The stock had previously closed at C$0.76.
Rio2 Price Performance
The stock has a 50 day moving average of C$0.67 and a two-hundred day moving average of C$0.64. 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 firm has a market capitalization of C$232.75 million, a P/E ratio of -11.22 and a beta of 2.36.
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.
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