Rio2 Limited (TSX:RIO – Get Free Report) shares fell 1.5% during mid-day trading on Tuesday . The company traded as low as C$3.77 and last traded at C$3.82. 2,853,728 shares were traded during trading, an increase of 529% from the average session volume of 453,570 shares. The stock had previously closed at C$3.88.
Rio2 Stock Performance
The stock has a market capitalization of C$1.70 billion, a P/E ratio of -26.35 and a beta of 1.57. The company has a quick ratio of 1.10, a current ratio of 17.39 and a debt-to-equity ratio of 0.44. The firm has a 50-day moving average of C$2.98 and a 200 day moving average of C$2.21.
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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