Shares of Rio2 Limited (CVE:RIO – Get Free Report) were up 1.6% on Wednesday . The stock traded as high as C$0.63 and last traded at C$0.62. Approximately 176,682 shares traded hands during trading, a decline of 46% from the average daily volume of 329,555 shares. The stock had previously closed at C$0.61.
Rio2 Stock Up 1.6 %
The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.10 and a current ratio of 24.96. The firm has a market capitalization of C$197.53 million, a PE ratio of -15.50 and a beta of 2.36. The business’s 50 day moving average price is C$0.64 and its 200-day moving average price is C$0.60.
About Rio2
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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