CVE:RIO

Rio2 (RIO) Stock Forecast, Price & News

C$0.20

+0.01 (+2.56%)

(As of 05/25/2023 08:54 PM ET)

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Today's Range: C$0.20
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C$0.20
50-Day Range: C$0.14
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C$0.23
52-Week Range: C$0.10
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C$0.62

Volume: 43,779 shs
Average Volume: 98,952 shs
Market Capitalization: C$51.53 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$0.42

Profile Analyst Ratings Chart Competitors Earnings Insider Trades Headlines Options Chain

Rio2 MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 111.7% Upside
C$0.42 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.61
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.81 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
Rio2 has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$0.42, Rio2 has a forecasted upside of 111.7% from its current price of C$0.20.
Amount of Analyst Coverage
Rio2 has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for RIO.

0.0

Dividend Strength

Dividend Yield
Rio2 does not currently pay a dividend.
Dividend Growth
Rio2 does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RIO.

2.6

News and Social Media Coverage

News Sentiment
Rio2 has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.31 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Rio2 this week, compared to 1 article on an average week.
Search Interest
Only 71 people have searched for RIO on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rio2 insiders have not sold or bought any company stock.
Percentage Held by Insiders
21.37% of the stock of Rio2 is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 14.35% of the stock of Rio2 is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Rio2 is -20.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rio2 is -20.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Rio2 has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Rio2 (CVE:RIO) Stock

Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, and Chile. Its flagship project is 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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RIO Stock News Headlines

May 28, 2023 | afr.com

ASX to rebound on US debt ceiling relief

May 24, 2023 | msn.com

Johnny Depp Starred In This Infamous Sci-Fi Flop

May 29, 2023 | Stocks To Trade (Ad)

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May 13, 2023 | theglobeandmail.com

Closing Bell: Rio2 Ltd up on Friday (RIO)

May 3, 2023 | theglobeandmail.com

Closing Bell: Rio2 Ltd flat on Tuesday (RIO)

April 28, 2023 | theglobeandmail.com

Closing Bell: Rio2 Ltd down on Thursday (RIO)

April 21, 2023 | theglobeandmail.com

Closing Bell: Rio2 Ltd up on Thursday (RIO)

April 20, 2023 | theglobeandmail.com

Closing Bell: Rio2 Ltd down on Wednesday (RIO)

May 29, 2023 | Stocks To Trade (Ad)

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April 11, 2023 | theglobeandmail.com

Closing Bell: Rio2 Ltd flat on Monday (RIO)

March 28, 2023 | juniorminingnetwork.com

Rio2 Gets Approval for Issuing Shares in Lieu of Salaries

March 27, 2023 | financialpost.com

Rio2 Limited Gets Approval for Issuing Shares in Lieu of Salaries

March 21, 2023 | dailymail.co.uk

Anne Hathaway will get to show off her vocal talents in the upcoming film Mother Mary

March 20, 2023 | afr.com

ASX to rise, Dow, S&P 500 advance in broad, modest bounce

March 9, 2023 | finance.yahoo.com

Rio2 Outlines Plans for Completion of Fenix Gold Mine Financing

March 8, 2023 | msn.com

Jamie Foxx's Biggest Movies by Box Office Gross, Ranked

March 7, 2023 | afr.com

ASX to fall, $A plunges toward a US65¢ handle

March 4, 2023 | afr.com

Technology stocks rebound, US yields drop as rate angst eases

February 23, 2023 | afr.com

ASX to fall as New York stumbles on rate outlook

February 21, 2023 | afr.com

US stocks tumble, yields leap on higher rate peak bets

February 16, 2023 | bizjournals.com

Major Valley employer puts half of Tempe office space up for sublease

February 5, 2023 | ca.finance.yahoo.com

Rio2 Limited (RIO.V) Stock Historical Prices & Data - Yahoo Finance

January 17, 2023 | afr.com

ASX to rise, Goldman drags Dow lower

January 11, 2023 | financialpost.com

Rio2 Limited Announces Grant of Incentive Stock Options

January 5, 2023 | juniorminingnetwork.com

Rio2 Limited Announces Certain Directors, Employees and Consultants to Receive Shares in Lieu of Salaries

December 15, 2022 | nz.finance.yahoo.com

Rio2 Announces 2022 AGM Results

December 14, 2022 | finance.yahoo.com

Market Sentiment Around Loss-Making Rio2 Limited (CVE:RIO)

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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RIO Company Calendar

Last Earnings: 3/16/2023
Today: 5/28/2023
Next Earnings (Estimated): 8/14/2023

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Industry, Sector and Symbol

Stock Exchange: CVE
Industry: Industrial Metals & Minerals
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: CVE:RIO
CUSIP: N/A
CIK: N/A
Web: www.rio2.com
Phone: 1 604 260 2696
Fax: N/A
Employees: 44,333
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$0.42
High Stock Price Forecast: C$0.72
Low Stock Price Forecast: C$0.25
Forecasted Upside/Downside: +111.7%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.01)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: C$-2,300,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -2.71%
Return on Assets: -9.37%

Debt

Debt-to-Equity Ratio: 0.87
Current Ratio: 3.22
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: C$0.02 per share
Price / Cash Flow: 9.76
Book Value: C$0.32 per share
Price / Book: 0.63

Miscellaneous

Outstanding Shares: 257,640,000
Free Float: N/A
Market Cap: C$51.53 million
Optionable: Optionable
Beta: 1.98

Key Executives

Mr. Alexander Black (Age 64)
Exec. Chairman
Comp: $526.46k

Mr. Andrew Cox
Pres, CEO & Director

Ms. Kathryn Johnson
CFO, Exec. VP & Corp. Sec.

Mr. Daniel Ellis Kenney LLB (Age 52)
Legal Counsel

Key Competitors

View All Competitors

RIO Stock - Frequently Asked Questions

Should I buy or sell Rio2 stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rio2 in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RIO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RIO, but not buy additional shares or sell existing shares.
View RIO analyst ratings or view top-rated stocks.
What is Rio2's stock price forecast for 2023?: 3 analysts have issued 1 year price targets for Rio2's shares. Their RIO share price forecasts range from C$0.25 to C$0.72. On average, they expect the company's stock price to reach C$0.42 in the next twelve months. This suggests a possible upside of 111.7% from the stock's current price.
View analysts price targets for RIO or view top-rated stocks among Wall Street analysts.
How have RIO shares performed in 2023?: Rio2's stock was trading at C$0.20 on January 1st, 2023. Since then, RIO stock has increased by 2.6% and is now trading at C$0.20.
View the best growth stocks for 2023 here.
When is Rio2's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our RIO earnings forecast.
How were Rio2's earnings last quarter?: Rio2 Limited (CVE:RIO) issued its quarterly earnings results on Thursday, March, 16th. The company reported ($0.01) EPS for the quarter.
What other stocks do shareholders of Rio2 own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Rio2 investors own include Boxlight (BOXL), ChannelAdvisor (ECOM), Argonaut Gold (ARNGF), Asia Pacific Wire & Cable (APWC), Aphria (APHA), Ampio Pharmaceuticals (AMPE), Applied Industrial Technologies (AIT), AIM ImmunoTech (AIM), Amarillo Gold (AGC) and First Majestic Silver (AG).

What is Rio2's stock symbol?: Rio2 trades on the Canadian Venture Exchange (CVE) under the ticker symbol "RIO."
How do I buy shares of Rio2?: Shares of RIO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is Rio2's stock price today?: One share of RIO stock can currently be purchased for approximately C$0.20.
How much money does Rio2 make?: Rio2 (CVE:RIO) has a market capitalization of C$51.53 million. The company earns C$-2,300,000.00 in net income (profit) each year or C($0.01) on an earnings per share basis.
How many employees does Rio2 have?: The company employs 44,333 workers across the globe.
How can I contact Rio2?: The official website for the company is www.rio2.com. The company can be reached via phone at 1 604 260 2696.

This page (CVE:RIO) was last updated on 5/29/2023 by MarketBeat.com Staff

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Rio2 (RIO) Stock Forecast, Price & News

Rio2 MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Rio2 (CVE:RIO) Stock

RIO Stock News Headlines

RIO Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

RIO Stock - Frequently Asked Questions

Overall MarketRank^™