Rio2 Limited operates as a precious metals company in Americas.
Flawless balance sheet and overvalued.
Share Price & News
How has Rio2's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1SB has not had significant price volatility in the past 3 months.
7 Day Return
DE Metals and Mining
1 Year Return
DE Metals and Mining
Return vs Industry: Insufficient data to determine how 1SB performed against the German Metals and Mining industry.
Return vs Market: Insufficient data to determine how 1SB performed against the German Market.
Price Volatility Vs. Market
How volatile is Rio2's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Rio2 undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 1SB's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 1SB's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 1SB is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: 1SB is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1SB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1SB is good value based on its PB Ratio (0.7x) compared to the DE Metals and Mining industry average (3.2x).
How is Rio2 forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Rio2 has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Rio2's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Rio2 competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Rio2 performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1SB is currently unprofitable.
Growing Profit Margin: 1SB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 1SB is unprofitable, and losses have increased over the past 5 years at a rate of -68.9% per year.
Accelerating Growth: Unable to compare 1SB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1SB is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-8.4%).
Return on Equity
High ROE: 1SB has a negative Return on Equity (-11.42%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Rio2's financial position?
Financial Position Analysis
Short Term Liabilities: 1SB's short term assets (CA$21.3M) exceed its short term liabilities (CA$768.1K).
Long Term Liabilities: 1SB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1SB is debt free.
Reducing Debt: 1SB currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Inventory Level: 1SB has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 1SB's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 1SB has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 1SB has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -64.6% each year
What is Rio2's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 1SB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 1SB's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1SB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1SB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1SB's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alex Black (61yo)
Mr. Alexander Black, also known as Alex, has been the Chief Executive Officer and President at Rio2 Limited since November 23, 2016. Mr. Black has been the Chief Executive Officer and President of Rio Alto ...
CEO Compensation Analysis
Compensation vs Market: Alex's total compensation ($USD92.80K) is below average for companies of similar size in the German market ($USD415.76K).
Compensation vs Earnings: Insufficient data to compare Alex's compensation with company performance.
|CEO, President & Director||3.3yrs||CA$123.31k||8.35% CA$4.1m|
|CFO, Executive VP & Corporate Secretary||2.7yrs||CA$198.84k||0.11% CA$53.8k|
|Executive VP & COO||2.9yrs||CA$383.01k||0.70% CA$344.8k|
|Legal Counsel||0.8yrs||no data||no data|
|Executive VP & Chief Strategy Officer||0yrs||CA$291.28k||0.29% CA$145.7k|
|Senior Vice President of Technical Services||0yrs||no data||0.67% CA$330.5k|
|Senior Vice President of Corporate Communications||2.4yrs||no data||no data|
|Senior Vice President of Operations||2.4yrs||no data||no data|
|Senior Vice President of Geology||0yrs||no data||0.33% CA$166.0k|
Experienced Management: 1SB's management team is considered experienced (2.5 years average tenure).
|CEO, President & Director||3.3yrs||CA$123.31k||8.35% CA$4.1m|
|Director||0yrs||no data||5.89% CA$2.9m|
|Non-Executive Chairman||2.8yrs||no data||0.79% CA$390.7k|
|Independent Director||2.8yrs||no data||0.48% CA$236.8k|
|Independent Director||2.8yrs||no data||0.073% CA$36.4k|
|Independent Director||2.8yrs||no data||0.037% CA$18.2k|
|Independent Director||0.8yrs||no data||0.047% CA$23.5k|
Experienced Board: 1SB's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 1SB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 107.5%.
Rio2 Limited's company bio, employee growth, exchange listings and data sources
- Name: Rio2 Limited
- Ticker: 1SB
- Exchange: BST
- Founded: 1990
- Industry: Gold
- Sector: Materials
- Market Cap: CA$71.665m
- Listing Market Cap: CA$49.574m
- Shares outstanding: 181.43m
- Website: https://www.rio2.com
Number of Employees
- Rio2 Limited
- The Marine Building
- 1260-355 Burrard Street
- British Columbia
- V6C 2G8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RIO||TSXV (TSX Venture Exchange)||Yes||New Common Shares||CA||CAD||Nov 1991|
|RIOF.F||OTCPK (Pink Sheets LLC)||Yes||New Common Shares||US||USD||Nov 1991|
|1SB||BST (Boerse-Stuttgart)||Yes||New Common Shares||DE||EUR||Nov 1991|
|RIO||BVL (Bolsa de Valores de Lima)||Yes||New Common Shares||PE||USD||Nov 1991|
Rio2 Limited operates as a precious metals company in Americas. The company has right and option to acquire interests in seven gold exploration prospects, which is located in Peru, covering an area of approximately 19,000 hectares. It had also applied for 10,000 hectares of exploration concessions in Nicaragua. In addition, the company holds a 100% interest in Fenix Gold Project, covering an area of approximately 22,000 hectares located in Chile, as well as five gold prospects in the Chile. The company was formerly known as Prospector Resources Corp. and changed its name to Rio2 Limited in April 2017. Rio2 Limited was incorporated in 1990 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 00:00|
|End of Day Share Price||2020/02/25 00:00|
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.