Rio2 Limited (TSX:RIO – Get Free Report) shares rose 4.6% during trading on Tuesday . The company traded as high as C$2.29 and last traded at C$2.26. Approximately 474,900 shares traded hands during mid-day trading, an increase of 5% from the average daily volume of 453,570 shares. The stock had previously closed at C$2.16.
Rio2 Stock Up 3.8%
The firm has a 50-day moving average of C$1.98 and a two-hundred day moving average of C$1.65. 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 company has a market capitalization of C$1.05 billion, a PE ratio of -26.35 and a beta of 1.57.
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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