Shares of Rio2 Limited (TSX:RIO – Get Free Report) traded down 1.5% on Tuesday . The company traded as low as C$3.77 and last traded at C$3.82. 2,853,728 shares changed hands during mid-day trading, an increase of 529% from the average session volume of 453,570 shares. The stock had previously closed at C$3.88.
Rio2 Trading Up 4.2%
The stock has a market cap of C$1.70 billion, a P/E ratio of -26.35 and a beta of 1.57. The firm’s 50-day simple moving average is C$2.98 and its 200 day simple moving average is C$2.21. The company has a current ratio of 17.39, a quick ratio of 1.10 and a debt-to-equity ratio of 0.44.
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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