Rio2 Limited (CVE:RIO – Get Free Report) dropped 1.6% during mid-day trading on Tuesday . The stock traded as low as C$0.61 and last traded at C$0.62. Approximately 400,000 shares changed hands during mid-day trading, an increase of 40% from the average daily volume of 286,134 shares. The stock had previously closed at C$0.63.
Rio2 Stock Up 0.8 %
The company has a current ratio of 24.96, a quick ratio of 1.10 and a debt-to-equity ratio of 0.46. The company has a market cap of C$189.57 million, a P/E ratio of -14.88 and a beta of 2.36. The firm’s 50 day moving average price is C$0.66 and its 200-day moving average price is C$0.59.
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.
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