RIOFF
Rio2 Limited
Price Chart
Latest Quote
$2.07
+0.06 (+2.99%)
Current Price
| Previous Close | $2.01 |
| Open | $2.09 |
| Day High | $2.10 |
| Day Low | $2.04 |
| Volume | 5,887 |
Stock Information
| Shares Outstanding | 548.48M |
| Total Debt | $84.57M |
| Cash Equivalents | $93.12M |
| Revenue | $65.86M |
| Net Income | $10.25M |
| Sector | Basic Materials |
| Industry | Gold |
| Market Cap | $1.14B |
| P/E Ratio | 207.00 |
| EPS (TTM) | $0.01 |
| Exchange | OQX |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $1.00B |
| Sales | $65.86M |
| Income | $10.25M |
| Book/sh | $0.66 |
| Cash/sh | $0.17 |
Financial Ratios
| Quick Ratio | 0.73 |
| Current Ratio | 0.90 |
| Debt/Eq | 25.10 |
Returns & Margins
| ROA | 0.29% |
| ROE | 4.55% |
| Gross Margin | 55.48% |
| Operating Margin | 23.09% |
| Profit Margin | 15.56% |
Ownership
| Insider Ownership | 6.77% |
| Institutional Ownership | 19.59% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 17.24 |
| P/B | 3.13 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $2.09 |
| SMA50 | $2.08 |
| SMA200 | $1.96 |
| RSI | 47.32 |
| ATR | 0.1614 |
| Shares Float | 466.80M |
| Rel Volume | 0.01 |
Performance History
| Week | +10.70% |
| Month | -5.91% |
| Quarter | +1.97% |
| 6 Months | +5.29% |
| YTD | -16.19% |
| Year | +110.37% |
| 3 Years | +1218.47% |
| 5 Years | +195.29% |
| 10 Years | +188.70% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-16 | $2.07 | 5,887 |
| 2026-06-15 | $2.01 | 211,800 |
| 2026-06-12 | $1.95 | 439,500 |
| 2026-06-11 | $1.89 | 313,900 |
| 2026-06-10 | $1.78 | 374,300 |
| 2026-06-09 | $1.87 | 515,900 |
| 2026-06-08 | $1.97 | 470,200 |
| 2026-06-05 | $1.92 | 982,800 |
| 2026-06-04 | $2.16 | 470,400 |
| 2026-06-03 | $2.19 | 543,600 |
| 2026-06-02 | $2.32 | 680,700 |
| 2026-06-01 | $2.32 | 571,600 |
| 2026-05-29 | $2.31 | 753,600 |
| 2026-05-28 | $2.14 | 186,400 |
| 2026-05-27 | $2.13 | 326,700 |
| 2026-05-26 | $2.27 | 371,500 |
| 2026-05-22 | $2.18 | 673,600 |
| 2026-05-21 | $2.21 | 579,100 |
| 2026-05-20 | $2.12 | 434,100 |
| 2026-05-19 | $2.08 | 423,100 |
| 2026-05-18 | $2.12 | 1,056,600 |
About Rio2 Limited
Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile. The company explores for copper, gold, and silver deposits. Its principal project holds 100% interests in the Fenix Gold Project covering an area of approximately 16,050 hectares located in Chile. The company also holds 99.1% interest in the Condestable Mine located in Peru. Rio2 Limited was incorporated in 1990 and is headquartered in Vancouver, Canada.
đ° Latest News
3 TSX Stocks Estimated To Be Up To 45.9% Below Intrinsic Value
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Rio2 (TSE:RIO) Shareholders Should Be Cautious Despite Solid Earnings
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Assessing Rio2 (TSX:RIO) Valuation After Volatile Trading And Conflicting Upside Signals
Simply Wall St. âĸ 2026-05-18T20:12:56Z
Does Rio2's Widened 2025 Net Loss Reshape The Bull Case For Rio2 (TSX:RIO)?
Simply Wall St. âĸ 2026-03-26T13:07:31Z
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Simply Wall St. âĸ 2025-12-26T13:04:55Z
Rio2 (TSX:RIO) Is Up 9.1% After Buying Peru Copper Mine And Near-Term Chile Gold Project - Has The Bull Case Changed?
Simply Wall St. âĸ 2025-12-19T05:08:52Z
TSX Penny Stock Gems: Happy Belly Food Group Among 3 Exciting Picks
Simply Wall St. âĸ 2025-11-27T13:06:10Z
Rio2 (TSX:RIO): Evaluating Valuation as Fenix Gold Project Progresses Toward 2026 Production Milestone
Simply Wall St. âĸ 2025-10-31T15:15:35Z
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Simply Wall St. âĸ 2025-10-29T13:05:02Z
Period:
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Income Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $96,000 | $1,864,000 | $2,283,428 | $76,169 |
| Cost Of Revenue | $96,000 | $1,864,000 | $2,283,428 | $76,169 |
| Total Revenue | $0 | $0 | $0 | $0 |
| Operating Revenue | $0 | $0 | $0 | $0 |
| Expenses | ||||
| Interest Expense | $2,597,000 | $3,116,000 | $2,186,914 | $0 |
| Total Expenses | $8,953,000 | $7,966,000 | $13,896,106 | $11,887,263 |
| Other Income Expense | $10,883,000 | $-1,503,000 | $13,758,891 | $1,362,742 |
| Other Non Operating Income Expenses | $605,000 | $571,000 | $104,606 | - |
| Net Non Operating Interest Income Expense | $-1,938,000 | $-2,871,000 | $-2,133,229 | $15,256 |
| Interest Expense Non Operating | $2,597,000 | $3,116,000 | $2,186,914 | $0 |
| Operating Expense | $8,857,000 | $6,102,000 | $11,612,678 | $11,811,094 |
| Other Operating Expenses | $1,161,000 | $861,000 | $2,185,470 | $2,993,413 |
| General And Administrative Expense | $7,696,000 | $5,241,000 | $9,427,208 | $8,817,681 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-21,000 | $-12,356,000 | $-2,303,461 | $-10,525,334 |
| Net Interest Income | $-1,938,000 | $-2,871,000 | $-2,133,229 | $15,256 |
| Interest Income | $659,000 | $245,000 | $53,685 | $15,256 |
| Normalized Income | $-8,757,300 | $-11,111,600 | $-12,378,958 | $-11,526,949 |
| Net Income From Continuing And Discontinued Operation | $-21,000 | $-12,356,000 | $-2,303,461 | $-10,525,334 |
| Net Income Common Stockholders | $-21,000 | $-12,356,000 | $-2,303,461 | $-10,525,334 |
| Net Income | $-21,000 | $-12,356,000 | $-2,303,461 | $-10,525,334 |
| Net Income Including Noncontrolling Interests | $-21,000 | $-12,356,000 | $-2,303,461 | $-10,525,334 |
| Net Income Continuous Operations | $-21,000 | $-12,356,000 | $-2,303,461 | $-10,525,334 |
| Pretax Income | $-8,000 | $-12,340,000 | $-2,270,444 | $-10,509,265 |
| Special Income Charges | $408,000 | $0 | $5,000,000 | $1,601,852 |
| Interest Income Non Operating | $659,000 | $245,000 | $53,685 | $15,256 |
| Operating Income | $-8,953,000 | $-7,966,000 | $-13,896,106 | $-11,887,263 |
| Gross Profit | $-96,000 | $-1,864,000 | $-2,283,428 | $-76,169 |
| Per Share | ||||
| Diluted EPS | $0.00 | $-0.05 | $-0.01 | $-0.05 |
| Basic EPS | $0.00 | $-0.05 | $-0.01 | $-0.05 |
| Other | ||||
| Tax Effect Of Unusual Items | $1,541,700 | $-829,600 | $3,578,788 | $361,127 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-7,447,000 | $-5,116,000 | $-11,234,158 | $-11,578,899 |
| Total Unusual Items | $10,278,000 | $-2,074,000 | $13,654,285 | $1,362,742 |
| Total Unusual Items Excluding Goodwill | $10,278,000 | $-2,074,000 | $13,654,285 | $1,362,742 |
| Reconciled Depreciation | $242,000 | $2,034,000 | $2,503,657 | $293,108 |
| EBITDA (Bullshit earnings) | $2,831,000 | $-7,190,000 | $2,420,127 | $-10,216,157 |
| EBIT | $2,589,000 | $-9,224,000 | $-83,530 | $-10,509,265 |
| Diluted Average Shares | $320,011,973 | $258,481,497 | $256,837,712 | $220,233,014 |
| Basic Average Shares | $320,011,973 | $258,481,497 | $256,837,712 | $220,233,014 |
| Diluted NI Availto Com Stockholders | $-21,000 | $-12,356,000 | $-2,303,461 | $-10,525,334 |
| Tax Provision | $13,000 | $16,000 | $33,017 | $16,069 |
| Gain On Sale Of Ppe | $408,000 | $0 | $5,000,000 | $1,601,852 |
| Gain On Sale Of Security | $9,870,000 | $-2,074,000 | $8,654,285 | $-239,110 |
| Selling General And Administration | $7,696,000 | $5,241,000 | $9,427,208 | $8,817,681 |
| Other Gand A | $2,014,000 | $1,404,000 | $1,005,428 | $980,342 |
| Salaries And Wages | $5,682,000 | $3,837,000 | $8,421,780 | $7,837,339 |
Fetched: 2026-02-02
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $125,114,000 | $73,210,000 | $81,830,578 | $88,363,013 |
| Total Assets | $173,803,000 | $108,418,000 | $115,060,990 | $95,695,108 |
| Total Non Current Assets | $128,398,000 | $103,524,000 | $109,559,872 | $72,579,235 |
| Other Non Current Assets | $4,500,000 | - | - | - |
| Non Current Deferred Assets | $3,250,000 | $0 | - | - |
| Non Current Accounts Receivable | $12,011,000 | $10,575,000 | $16,474,883 | $9,934,283 |
| Current Assets | $45,405,000 | $4,894,000 | $5,501,118 | $23,115,873 |
| Prepaid Assets | $324,000 | $285,000 | $411,327 | $1,475,849 |
| Receivables | $72,000 | $13,000 | $364,124 | $248,738 |
| Taxes Receivable | $72,000 | $13,000 | $113,559 | $248,738 |
| Cash Cash Equivalents And Short Term Investments | $45,009,000 | $4,596,000 | $4,725,667 | $21,391,286 |
| Cash And Cash Equivalents | $45,009,000 | $4,596,000 | $4,679,667 | $21,345,286 |
| Cash Equivalents | $46,000 | $46,000 | - | - |
| Cash Financial | $44,963,000 | $4,550,000 | $4,679,667 | $21,345,286 |
| Accounts Receivable | - | $0 | $124,481 | $0 |
| Other Receivables | - | - | $126,084 | - |
| Debt | ||||
| Total Debt | $289,000 | $465,000 | $713,401 | $485,314 |
| Long Term Debt And Capital Lease Obligation | $146,000 | $314,000 | $504,574 | $295,515 |
| Current Debt And Capital Lease Obligation | $143,000 | $151,000 | $208,827 | $189,799 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $48,689,000 | $35,208,000 | $33,230,412 | $7,332,095 |
| Total Non Current Liabilities Net Minority Interest | $39,028,000 | $34,573,000 | $31,521,516 | $3,663,837 |
| Non Current Deferred Liabilities | $34,001,000 | $30,303,000 | $27,186,914 | $0 |
| Current Liabilities | $9,661,000 | $635,000 | $1,708,896 | $3,668,258 |
| Payables And Accrued Expenses | $9,518,000 | $484,000 | $1,500,069 | $3,478,459 |
| Payables | $8,768,000 | $254,000 | $1,335,294 | $2,765,017 |
| Accounts Payable | $8,768,000 | $254,000 | $1,335,294 | $2,765,017 |
| Equity | ||||
| Common Stock Equity | $125,114,000 | $73,210,000 | $81,830,578 | $88,363,013 |
| Total Equity Gross Minority Interest | $125,114,000 | $73,210,000 | $81,830,578 | $88,363,013 |
| Stockholders Equity | $125,114,000 | $73,210,000 | $81,830,578 | $88,363,013 |
| Gains Losses Not Affecting Retained Earnings | $-4,174,000 | $7,843,000 | $4,389,068 | $9,946,341 |
| Other Equity Adjustments | $-4,174,000 | $7,843,000 | $4,389,068 | $9,946,341 |
| Retained Earnings | $-63,466,000 | $-63,445,000 | $-51,088,811 | $-48,785,350 |
| Other | ||||
| Ordinary Shares Number | $426,368,684 | $259,232,306 | $257,560,649 | $254,336,483 |
| Share Issued | $426,368,684 | $259,232,306 | $257,560,649 | $254,336,483 |
| Tangible Book Value | $125,114,000 | $73,210,000 | $81,830,578 | $88,363,013 |
| Invested Capital | $125,114,000 | $73,210,000 | $81,830,578 | $88,363,013 |
| Working Capital | $35,744,000 | $4,259,000 | $3,792,222 | $19,447,615 |
| Capital Lease Obligations | $289,000 | $465,000 | $713,401 | $485,314 |
| Total Capitalization | $125,114,000 | $73,210,000 | $81,830,578 | $88,363,013 |
| Capital Stock | $192,754,000 | $128,812,000 | $128,530,321 | $127,202,022 |
| Common Stock | $192,754,000 | $128,812,000 | $128,530,321 | $127,202,022 |
| Non Current Deferred Revenue | $34,001,000 | $30,303,000 | $27,186,914 | $0 |
| Long Term Capital Lease Obligation | $146,000 | $314,000 | $504,574 | $295,515 |
| Long Term Provisions | $4,881,000 | $3,956,000 | $3,830,028 | $3,368,322 |
| Current Capital Lease Obligation | $143,000 | $151,000 | $208,827 | $189,799 |
| Current Accrued Expenses | $750,000 | $230,000 | $164,775 | $713,442 |
| Net PPE | $108,637,000 | $92,949,000 | $93,084,989 | $62,644,952 |
| Accumulated Depreciation | $-3,448,000 | $-4,383,000 | $-2,517,904 | $-234,476 |
| Gross PPE | $112,085,000 | $97,332,000 | $95,602,893 | $62,879,428 |
| Construction In Progress | $1,506,000 | $0 | - | - |
| Other Properties | $1,389,000 | $1,125,000 | - | $491,995 |
| Machinery Furniture Equipment | - | $668,246 | $601,998 | $556,423 |
| Buildings And Improvements | - | $454,263 | $703,501 | $491,995 |
| Land And Improvements | - | $2,174 | $2,174 | $2,174 |
| Other Short Term Investments | - | $46,000 | $46,000 | $46,000 |
| Leases | - | - | - | $491,995 |
Fetched: 2026-02-02
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-16,494,000 | $44,000 | $-35,470,581 | $-15,198,612 |
| Operating Activities | ||||
| Operating Cash Flow | $-12,028,000 | $1,992,000 | $-3,865,987 | $-9,334,919 |
| Cash Flow From Continuing Operating Activities | $-12,028,000 | $1,992,000 | $-3,865,987 | $-9,334,979 |
| Operating Gains Losses | $-11,129,000 | $2,323,000 | - | - |
| Investing Activities | ||||
| Capital Expenditure | $-4,466,000 | $-1,948,000 | $-31,604,594 | $-5,863,693 |
| Investing Cash Flow | $-8,966,000 | $-1,948,000 | $-31,604,594 | $-2,128,400 |
| Cash Flow From Continuing Investing Activities | $-8,966,000 | $-1,948,000 | $-31,604,594 | $-2,128,400 |
| Net Other Investing Changes | $-4,500,000 | - | - | $2,949,878 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $65,751,000 | $0 | $0 | $26,517,679 |
| Financing Cash Flow | $61,891,000 | $-181,000 | $25,881,752 | $30,968,063 |
| Cash Flow From Continuing Financing Activities | $61,891,000 | $-181,000 | $25,881,752 | $30,968,063 |
| Net Other Financing Charges | $-4,457,000 | - | $25,000,000 | - |
| Net Common Stock Issuance | $65,751,000 | $0 | $0 | $26,517,679 |
| Common Stock Issuance | $65,751,000 | $0 | $0 | $26,517,679 |
| Other | ||||
| Repayment Of Debt | $-155,000 | $-181,000 | $-264,484 | $-232,264 |
| End Cash Position | $45,009,000 | $4,596,000 | $4,679,667 | $21,345,286 |
| Beginning Cash Position | $4,596,000 | $4,726,000 | $21,345,286 | $2,602,977 |
| Effect Of Exchange Rate Changes | $-484,000 | $7,000 | $-7,076,790 | $-762,435 |
| Changes In Cash | $40,897,000 | $-137,000 | $-9,588,829 | $19,504,744 |
| Proceeds From Stock Option Exercised | $752,000 | $0 | $1,146,236 | $4,682,648 |
| Net Issuance Payments Of Debt | $-155,000 | $-181,000 | $-264,484 | $-232,264 |
| Net Long Term Debt Issuance | $-155,000 | $-181,000 | $-264,484 | $-232,264 |
| Long Term Debt Payments | $-155,000 | $-181,000 | $-264,484 | $-232,264 |
| Net PPE Purchase And Sale | $-4,466,000 | $-1,948,000 | $-31,604,594 | $-5,863,693 |
| Purchase Of PPE | $-4,466,000 | $-1,948,000 | $-31,604,594 | $-5,863,693 |
| Change In Working Capital | $-1,340,000 | $5,330,000 | $-8,477,218 | $-1,343,235 |
| Change In Payables And Accrued Expense | $195,000 | $-1,048,000 | $-2,885,754 | $184,851 |
| Change In Prepaid Assets | $82,000 | $126,000 | $1,064,522 | $-1,285,800 |
| Change In Receivables | $-1,617,000 | $6,252,000 | $-6,655,986 | $-242,286 |
| Changes In Account Receivables | $-121,000 | $251,000 | $-250,565 | $0 |
| Other Non Cash Items | $-352,000 | $3,609,000 | $2,700,669 | $302,600 |
| Stock Based Compensation | $572,000 | $1,052,000 | $1,710,366 | $1,937,942 |
| Depreciation Amortization Depletion | $242,000 | $2,034,000 | $2,503,657 | $293,108 |
| Depreciation And Amortization | $242,000 | $2,034,000 | $2,503,657 | $293,108 |
| Depreciation | $242,000 | $2,034,000 | - | - |
| Net Foreign Currency Exchange Gain Loss | $-10,721,000 | $2,323,000 | - | - |
| Gain Loss On Sale Of PPE | $-408,000 | $0 | - | - |
| Net Income From Continuing Operations | $-21,000 | $-12,356,000 | $-2,303,461 | $-10,525,334 |
| Amortization Cash Flow | - | $2,034,185 | $2,503,657 | $293,108 |
| Amortization Of Intangibles | - | $2,034,185 | $2,503,657 | $293,108 |
| Net Investment Purchase And Sale | - | - | $0 | $785,415 |
| Sale Of Investment | - | - | $0 | $785,415 |
Fetched: 2026-02-02