Shares of Rio2 Limited (CVE:RIO - Get Free Report) were down 1.3% during trading on Thursday . The company traded as low as C$1.55 and last traded at C$1.58. Approximately 138,443 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 476,603 shares. The stock had previously closed at C$1.60.
Rio2 Stock Performance
The stock has a 50-day moving average of C$1.37 and a 200 day moving average of C$1.01. 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 stock has a market capitalization of C$465.51 million, a price-to-earnings ratio of -22.44 and a beta of 2.36.
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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