Rio2 (CVE:RIO) Trading Down 1.6% – Should You Sell?

Rio2 Limited (CVE:RIOGet Free Report)’s stock price traded down 1.6% on Tuesday . The company traded as low as C$0.61 and last traded at C$0.62. 400,000 shares were traded during mid-day trading, an increase of 40% from the average session volume of 286,134 shares. The stock had previously closed at C$0.63.

Rio2 Price Performance

The stock has a fifty day moving average of C$0.66 and a 200-day moving average of C$0.59. The firm has a market capitalization of C$189.57 million, a P/E ratio of -14.88 and a beta of 2.36. The company has a quick ratio of 1.10, a current ratio of 24.96 and a debt-to-equity ratio of 0.46.

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.

Featured Stories

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.