Raymond James Has Bullish Estimate for Rio2 FY2025 Earnings

Rio2 Limited (CVE:RIOFree Report) – Equities researchers at Raymond James boosted their FY2025 earnings per share (EPS) estimates for shares of Rio2 in a report released on Tuesday, October 29th. Raymond James analyst C. Stanley now anticipates that the company will post earnings of $0.00 per share for the year, up from their previous forecast of ($0.03). The consensus estimate for Rio2’s current full-year earnings is ($0.03) per share.

Rio2 Trading Down 4.2 %

Rio2 stock opened at C$0.69 on Friday. The stock has a 50-day moving average price of C$0.62 and a 200 day moving average price of C$0.56. Rio2 has a 52 week low of C$0.16 and a 52 week high of C$0.77. The stock has a market cap of C$219.83 million, a PE ratio of -17.25 and a beta of 2.36. The company has a current ratio of 24.96, a quick ratio of 1.10 and a debt-to-equity ratio of 0.46.

Rio2 (CVE:RIOGet Free Report) last released its quarterly earnings results on Thursday, August 29th. The company reported C($0.01) earnings per share for the quarter.

Rio2 Company Profile

(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.

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Earnings History and Estimates for Rio2 (CVE:RIO)

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