Rio2 (TSX:RIO) Stock Price Down 1.5% – What’s Next?

Shares of Rio2 Limited (TSX:RIOGet 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

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Rio2 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rio2 and related companies with MarketBeat.com's FREE daily email newsletter.