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Rio2 Limited

TSX:RIO Stock Report

Market Cap: CA$2.0b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Rio2 Past Earnings Performance

Past criteria checks 4/6

Rio2 has been growing earnings at an average annual rate of 53.1%, while the Metals and Mining industry saw earnings growing at 24.4% annually. Revenues have been growing at an average rate of 106% per year. Rio2's return on equity is 15.2%, and it has net margins of 34%.

Key information

53.08%

Earnings growth rate

50.99%

EPS growth rate

Metals and Mining Industry Growth27.39%
Revenue growth rate105.97%
Return on equity15.25%
Net Margin34.02%
Last Earnings Update30 Jun 2026

Recent past performance updates

Recent updates

User avatar
New Narrative • Sep 11

Fenix Gold Ramp Up And Condestable Upgrades Will Reshape Long Term Earnings Profile

Catalysts About Rio2 Rio2 is a precious metals company focused on developing and operating gold and copper mining projects in Latin America. What are the underlying business or industry changes driving this perspective?
User avatar
New Narrative • Apr 23

Rio2's Future Growth Looks Promising with a Revenue Boost of 41%

Rio2 appears significantly undervalued relative to its long‑term earnings potential. Based on the platform’s future estimates, the company is expected to generate US$562.2 million in earnings by 2030 , supported by strong revenue growth reaching US$5.85 billion.
Analysis Article • Jul 31

We're Not Worried About Rio2's (CVE:RIO) Cash Burn

Just because a business does not make any money, does not mean that the stock will go down. By way of example, Rio2...
Analysis Article • Apr 05

Here's Why We're Not Too Worried About Rio2's (CVE:RIO) Cash Burn Situation

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article • Sep 15

Companies Like Rio2 (CVE:RIO) Are In A Position To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. For example, Rio2 ( CVE:RIO...
Analysis Article • Dec 11

We're Not Worried About Rio2's (CVE:RIO) Cash Burn

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Analysis Article • Aug 28

Rio2 (CVE:RIO) Is In A Good Position To Deliver On Growth Plans

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article • Apr 23

Here's Why We're Watching Rio2's (CVE:RIO) Cash Burn Situation

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article • Dec 05

Is Rio2 (CVE:RIO) In A Good Position To Deliver On Growth Plans?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article • Feb 05

Is Rio2 Limited's (CVE:RIO) Shareholder Ownership Skewed Towards Insiders?

The big shareholder groups in Rio2 Limited ( CVE:RIO ) have power over the company. Institutions often own shares in...
Analysis Article • Dec 14

How Much Are Rio2 Limited (CVE:RIO) Insiders Spending On Buying Shares?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...

Revenue & Expenses Breakdown

How Rio2 makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:RIO Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2617158290
31 Mar 266610210
31 Dec 250-14140
30 Sep 2503100
30 Jun 250190
31 Mar 250090
31 Dec 240090
30 Sep 240-1470
30 Jun 240-1070
31 Mar 240-1260
31 Dec 230-1260
30 Sep 230-660
30 Jun 230-380
31 Mar 230-190
31 Dec 220-2110
30 Sep 220-7130
30 Jun 220-10130
31 Mar 220-10120
31 Dec 210-11110
30 Sep 210-1190
30 Jun 210-1290
31 Mar 210-1180
31 Dec 200-980
30 Sep 200-870
30 Jun 200-870
31 Mar 200-760
31 Dec 190-870
30 Sep 190-870
30 Jun 190-770
31 Mar 190-770
31 Dec 180-660
30 Sep 180-550
30 Jun 180-550
31 Mar 180-550
31 Dec 170-540
30 Sep 170-330
30 Jun 170-120
31 Mar 170010
31 Dec 160000
30 Sep 160000
30 Jun 160000
31 Mar 160000
31 Dec 150000

Quality Earnings: RIO has high quality earnings.

Growing Profit Margin: Insufficient data to determine if RIO's profit margins have improved over the past year.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: RIO has become profitable over the past 5 years, growing earnings by 53.1% per year.

Accelerating Growth: RIO's earnings growth over the past year (4776.5%) exceeds its 5-year average (53.1% per year).

Earnings vs Industry: RIO earnings growth over the past year (4776.5%) exceeded the Metals and Mining industry 130.3%.


Return on Equity

High ROE: RIO's Return on Equity (15.2%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/21 21:42
End of Day Share Price 2026/09/21 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Rio2 Limited is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ben PirieAtrium Research
null nullCantor Fitzgerald Canada Corporation
Don DeMarcoNational Bank Financial

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