Analysts Issue Forecasts for Rio2's Q1 Earnings (CVE:RIO)

Key Points

• Analysts from Raymond James Financial predict Rio2 will report an earnings per share (EPS) of $0.03 for Q1 2026, with a full-year estimate of $0.19 EPS.
• The company's stock is currently trading at C$1.60, with a market capitalization of C$480.52 million and a debt-to-equity ratio of 0.44.
• Rio2 engages in the exploration and development of mineral properties in multiple countries, including Chile, where it holds a 100% stake in the Fenix Gold Project.

Rio2 Limited (CVE:RIO - Free Report) - Analysts at Raymond James Financial issued their Q1 2026 earnings estimates for shares of Rio2 in a report issued on Wednesday, August 20th. Raymond James Financial analyst C. Stanley expects that the company will post earnings per share of $0.03 for the quarter. The consensus estimate for Rio2's current full-year earnings is ($0.03) per share. Raymond James Financial also issued estimates for Rio2's Q2 2026 earnings at $0.06 EPS, Q3 2026 earnings at $0.06 EPS, Q4 2026 earnings at $0.06 EPS and FY2026 earnings at $0.19 EPS.

Rio2 Stock Performance

CVE RIO traded up C$0.15 during midday trading on Monday, hitting C$1.82. The company had a trading volume of 327,706 shares, compared to its average volume of 452,034. The company has a quick ratio of 1.10, a current ratio of 17.39 and a debt-to-equity ratio of 0.44. The stock has a market cap of C$778.50 million, a price-to-earnings ratio of -26.35 and a beta of 1.58. The firm has a fifty day simple moving average of C$1.58 and a two-hundred day simple moving average of C$1.17. Rio2 has a fifty-two week low of C$0.50 and a fifty-two week high of C$1.84.

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.