Rio2 (OTCMKTS:RIOFF) Trading Up 0.3% – What’s Next?

Rio2 Limited (OTCMKTS:RIOFFGet Free Report)’s stock price was up 0.3% on Friday . The company traded as high as C$1.56 and last traded at C$1.55. Approximately 473,375 shares were traded during mid-day trading, an increase of 53% from the average daily volume of 310,264 shares. The stock had previously closed at C$1.55.

Wall Street Analysts Forecast Growth

Separately, Raymond James Financial reiterated an “outperform” rating on shares of Rio2 in a research note on Friday, October 10th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on Rio2

Rio2 Stock Performance

The stock’s 50 day simple moving average is C$1.40 and its 200-day simple moving average is C$1.13.

About Rio2

(Get Free Report)

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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