CVE:RIO

Rio2 (RIO) Stock Price, News & Analysis

C$0.46
0.00 (0.00%)
(As of 05/3/2024 05:24 PM ET)
Today's Range
C$0.45
C$0.47
50-Day Range
C$0.33
C$0.48
52-Week Range
C$0.16
C$0.48
Volume
298,800 shs
Average Volume
242,668 shs
Market Capitalization
C$119.25 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
C$0.60

Rio2 MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
30.4% Upside
C$0.60 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.11mentions of Rio2 in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.60 out of 5 stars

RIO stock logo

About Rio2 Stock (CVE:RIO)

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.

RIO Stock Price History

RIO Stock News Headlines

The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Insider Stock Buying Reaches US$696.4k On Rio2
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Closing Bell: Rio2 Ltd down on Friday (RIO)
Closing Bell: Rio2 Ltd up on Monday (RIO)
See More Headlines
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Company Calendar

Last Earnings
3/28/2024
Today
5/05/2024
Next Earnings (Estimated)
5/24/2024

Industry, Sector and Symbol

Industry
Gold
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
44,333
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$0.60
High Stock Price Target
C$0.60
Low Stock Price Target
C$0.60
Potential Upside/Downside
+30.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
C$-6,440,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Cash Flow
C$0.05 per share
Book Value
C$0.29 per share

Miscellaneous

Free Float
N/A
Market Cap
C$119.25 million
Optionable
Not Optionable
Beta
2.35
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Key Executives

  • Mr. Alexander Black (Age 66)
    Executive Chairman
    Comp: $413.1k
  • Mr. Andrew Cox
    President, CEO & Director
  • Ms. Kathryn Johnson CA
    CPA, CFO, Executive VP & Corporate Secretary
  • Mr. Daniel Ellis Kenney LLB (Age 54)
    Legal Counsel

RIO Stock Analysis - Frequently Asked Questions

Should I buy or sell Rio2 stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rio2 in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" RIO shares.
View RIO analyst ratings
or view top-rated stocks.

What is Rio2's stock price target for 2024?

1 brokers have issued 12 month target prices for Rio2's shares. Their RIO share price targets range from C$0.60 to C$0.60. On average, they predict the company's stock price to reach C$0.60 in the next year. This suggests a possible upside of 30.4% 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 2024?

Rio2's stock was trading at C$0.40 at the beginning of 2024. Since then, RIO shares have increased by 15.0% and is now trading at C$0.46.
View the best growth stocks for 2024 here
.

When is Rio2's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 24th 2024.
View our RIO earnings forecast
.

How were Rio2's earnings last quarter?

Rio2 Limited (CVE:RIO) announced its earnings results on Thursday, March, 28th. The company reported $0.03 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), Applied Industrial Technologies (AIT), AIM ImmunoTech (AIM), Amarillo Gold (AGC) and First Majestic Silver (AG).

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.

This page (CVE:RIO) was last updated on 5/5/2024 by MarketBeat.com Staff

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