Rio2 Limited (CVE:RIO - Get Free Report) dropped 1.2% on Friday . The stock traded as low as C$1.66 and last traded at C$1.67. Approximately 212,023 shares traded hands during trading, a decline of 54% from the average daily volume of 464,339 shares. The stock had previously closed at C$1.69.
Rio2 Stock Down 3.4%
The company has a market capitalization of C$471.51 million, a PE ratio of -22.73 and a beta of 2.36. The company has a debt-to-equity ratio of 0.44, a current ratio of 17.39 and a quick ratio of 1.10. The company has a 50-day moving average of C$1.52 and a two-hundred day moving average of C$1.12.
About Rio2
(
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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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