TSX:RIOMetals and Mining
Rio2 (TSX:RIO) Swings To US$22.3 Million Q1 Profit Challenging High P/E Skeptics
Rio2 (TSX:RIO) has opened 2026 with Q1 revenue of US$65.9 million and basic EPS of US$0.04, while on a trailing twelve month basis EPS sits at roughly US$0.02 and revenue also totals US$65.9 million. Over recent quarters, the company has moved from quarterly EPS losses of roughly US$0.00 to US$0.02 per share in 2025 into positive EPS of US$0.04 in Q1 2026, with trailing twelve month net income reaching US$10.2 million. With that shift, investors now have a clearer read on how margins are...