company background image
RIO logo

Rio2 TSXV:RIO Stock Report

Last Price

CA$0.62

Market Cap

CA$258.8m

7D

-2.4%

1Y

72.2%

Updated

08 Jan, 2025

Data

Company Financials +

Rio2 Limited

TSXV:RIO Stock Report

Market Cap: CA$258.8m

RIO Stock Overview

Engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile. More details

RIO fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Earnings are forecast to grow 94.7% per year

Analysts in good agreement that stock price will rise by 90.9%

Risk Analysis

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue ($0)


My Notes

Capture your thoughts, links and company narrative

Rio2 Limited Competitors

Mako Mining

TSXV:MKO

CA$283.3m

Elemental Altus Royalties

TSXV:ELE

CA$290.0m

Orezone Gold

TSX:ORE

CA$293.4m

GoldMining

TSX:GOLD

CA$227.8m

Price History & Performance

Summary of share price highs, lows and changes for Rio2
Historical stock prices
Current Share PriceCA$0.62
52 Week HighCA$0.77
52 Week LowCA$0.31
Beta2.28
1 Month Change0%
3 Month Change-1.59%
1 Year Change72.22%
3 Year Change5.08%
5 Year Change56.96%
Change since IPO-99.99%

Recent News & Updates

Recent updates

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

Sep 15
Companies Like Rio2 (CVE:RIO) Are In A Position To Invest In Growth

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

Dec 11
We're Not Worried About Rio2's (CVE:RIO) Cash Burn

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

Aug 28
Rio2 (CVE:RIO) Is In A Good Position To Deliver On Growth Plans

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

Apr 23
Here's Why We're Watching Rio2's (CVE:RIO) Cash Burn Situation

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

Dec 05
Is Rio2 (CVE:RIO) In A Good Position To Deliver On Growth Plans?

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

Feb 05
Is Rio2 Limited's (CVE:RIO) Shareholder Ownership Skewed Towards Insiders?

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

Dec 14
How Much Are Rio2 Limited (CVE:RIO) Insiders Spending On Buying Shares?

Shareholder Returns

RIOCA Metals and MiningCA Market
7D-2.4%4.6%1.1%
1Y72.2%26.7%16.6%

Return vs Industry: RIO exceeded the Canadian Metals and Mining industry which returned 24.6% over the past year.

Return vs Market: RIO exceeded the Canadian Market which returned 16.5% over the past year.

Price Volatility

Is RIO's price volatile compared to industry and market?
RIO volatility
RIO Average Weekly Movement7.1%
Metals and Mining Industry Average Movement10.6%
Market Average Movement8.3%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.0%

Stable Share Price: RIO has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: RIO's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1990n/aAndrew Coxwww.rio2.com

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.

Rio2 Limited Fundamentals Summary

How do Rio2's earnings and revenue compare to its market cap?
RIO fundamental statistics
Market capCA$258.83m
Earnings (TTM)-CA$19.58m
Revenue (TTM)n/a

0.0x

P/S Ratio

-13.4x

P/E Ratio

Is RIO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RIO income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$13.61m
Earnings-US$13.61m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.032
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did RIO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 02:17
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 world class team 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 .

Analyst Sources

Rio2 Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullCantor Fitzgerald Canada Corporation
null nullRaymond James Ltd.