Rio2 Limited (TSE:RIO)

TSX:RIO

RIO

Rio2

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Rio2 (RIO) Price & Analysis

79 Followers

RIO Stock Chart & Stats

C$2.91

C$0.02(2.46%)

At close: Jan 08 4:00 PM EST

C$2.91

C$0.02(2.46%)

Day’s Range― - ―

52-Week RangeC$0.98 - C$4.09

Previous CloseN/A

Volume103.68K

Average Volume (3M)559.14K

Market Cap

C$1.18B

Enterprise ValueC$867.61M

Total Cash (Recent Filing)C$46.72M

Total Debt (Recent Filing)C$152.72K

Price to Earnings (P/E)―

Beta2.16

Next Earnings

May 21, 2026

EPS Estimate

0.04

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)0.00

Shares Outstanding429,873,780

10 Day Avg. Volume672,684

30 Day Avg. Volume559,138

Financial Highlights & Ratios

PEG Ratio-11.09

Price to Book (P/B)11.85

Price to Sales (P/S)0.00

P/FCF Ratio-575.42

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)0.33

Revenue Forecast (FY)C$394.45M

Bulls Say, Bears Say

Bulls Say

Production StartFirst official gold pour at the fully owned Fenix Gold Mine marks the transition into production, enabling the company to begin generating revenue from the asset and validate construction outcomes.

Ramp-up And Expansion PotentialOn-budget completion of critical project components and a low-capital heap leach design position the Fenix Gold Project to ramp processing toward intended capacity and potentially expand annual gold output beyond the initial plan.

Strategic Acquisition And FinancingDefinitive agreement to acquire a majority interest in the Condestable underground copper mine, supported by an arranged financing package, is expected to enhance the production profile and diversify metal exposure.

Bears Say

Acquisition Disclosure RiskSparse public details and questions around timing for the Condestable acquisition create execution uncertainty and may delay realization of anticipated strategic benefits.

Asset Capital IntensityCondestable is an older asset that will likely require significant refurbishment and ongoing capital to maintain and expand production, increasing operational and cash flow risk for the buyer.

Rio2 News

Rio2 Cuts Condestable Debt and Strengthens Management Bench

Rio2 ( ($TSE:RIO) ) has provided an update. Rio2 has voluntarily paid US$20 million plus interest toward the...

27d ago

Rio2 to Highlight Growth Plans at BMO Mining Conference and PDAC

Rio2 ( ($TSE:RIO) ) has provided an update. Rio2’s leadership team, led by Executive Chairman Alex Black and...

2M ago

Rio2 Closes Acquisition of Peru’s Condestable Mine and Unlocks C$191 Million Financing

Rio2 ( ($TSE:RIO) ) just unveiled an update. Rio2 Limited has completed the acquisition of a 99.1% interest...

3M ago

Cantor upgrades Rio2 to Buy with Felix gold pour on time

Cantor Fitzgerald analyst Matthew O’Keefe upgraded Rio2 (RIOFF) to Buy from Hold with a price target of C$4.70,...

3M ago

Rio2 Limited upgraded to Buy from Hold at Cantor Fitzgerald

Cantor Fitzgerald analyst Matthew O’Keefe upgraded Rio2 (RIOFF) Limited to Buy from Hold with a C$4.70 price target...

3M ago

Rio2 Pours First Gold at Newest Mine in Chile, Targets Up to 70,000 Ounces in 2026

Rio2 ( ($TSE:RIO) ) just unveiled an announcement. Rio2 Limited has achieved the first official gold pour at...

3M ago

Rio2 Limited announces gold pour at Fenix Gold Mine

Rio2 announces that the first official gold pour at Rio2’s 100% owned Fenix Gold Mine in Chile occurred...

3M ago

Rio2 Limited Secures C$14 Million in Private Placement Funding

Rio2 ( ($TSE:RIO) ) has issued an announcement. Rio2 Limited has successfully closed a brokered private placement, raising...

4M ago

Rio2 Secures C$191 Million in Upsized Bought Deal for Mine Acquisition

Rio2 ( ($TSE:RIO) ) has issued an update. Rio2 Limited has successfully closed an upsized bought deal financing,...

4M ago

Rio2 Advances Condestable Mine Acquisition with Equity Financing

Rio2 ( ($TSE:RIO) ) has shared an announcement. Rio2 Limited has filed a prospectus supplement related to its...

5M ago

Rio2 Limited downgraded to Hold from Buy at Cantor Fitzgerald

Cantor Fitzgerald analyst Matthew O’Keefe downgraded Rio2 Limited (RIOFF) to Hold from Buy with an unchanged price target...

5M ago

Atrium Research Reaffirms Buy Rating on Rio2 Following Strategic Acquisition of Condestable Mine

Atrium Research analyst maintained a Buy rating on Rio2 today and set a price target of C$4.00. Atrium...

5M ago

Rio2 Upsizes Financing to C$166 Million Amid Strong Demand

Rio2 ( ($TSE:RIO) ) just unveiled an update. Rio2 Limited has announced an increase in its previously declared...

5M ago

Rio2 Expands in Latin America with Acquisition of Condestable Mine

Rio2 ( ($TSE:RIO) ) has provided an announcement. Rio2 Limited has announced the acquisition of a 99.1% interest...

5M ago

RIO FAQ

What was Rio2 Limited’s price range in the past 12 months?

Rio2 Limited lowest stock price was C$0.98 and its highest was C$4.09 in the past 12 months.

What is Rio2 Limited’s market cap?

Rio2 Limited’s market cap is C$1.18B.

When is Rio2 Limited’s upcoming earnings report date?

Rio2 Limited’s upcoming earnings report date is May 21, 2026 which is in 23 days.

How were Rio2 Limited’s earnings last quarter?

Rio2 Limited released its earnings results on Apr 13, 2026. The company reported C$0 earnings per share for the quarter, the consensus estimate of C$0 by C$0.

Is Rio2 Limited overvalued?

According to Wall Street analysts Rio2 Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Rio2 Limited pay dividends?

Rio2 Limited does not currently pay dividends.

What is Rio2 Limited’s EPS estimate?

Rio2 Limited’s EPS estimate is 0.04.

How many shares outstanding does Rio2 Limited have?

Rio2 Limited has 429,873,780 shares outstanding.

What happened to Rio2 Limited’s price movement after its last earnings report?

Rio2 Limited reported an EPS of C$0 in its last earnings report, expectations of C$0. Following the earnings report the stock price went up 0.355%.

Which hedge fund is a major shareholder of Rio2 Limited?

Currently, no hedge funds are holding shares in TSE:RIO

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Rio2 Stock Smart Score

Neutral

Insider Transactions

Sold Shares

Worth C$3.6M over
the Last 3 Months

Technicals

Fundamentals

Return on Equity

-11.17%

Trailing 12-Months

Asset Growth

157.09%

Trailing 12-Months

Top Smart Score Stocks >

Company Description

Rio2 Limited

Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, and Chile. Its flagship project is 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.