Rio2 Limited (TSX:RIO)
Canada · Delayed Price · Currency is CAD | Market Cap | 1.46B +69.7% |
| Revenue (ttm) | 243.02M |
| Net Income | 82.69M +4,776.5% |
| EPS | 0.17 |
| Shares Out | 548.60M |
| PE Ratio | 15.56 |
| Forward PE | 6.44 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 613,391 |
| Open | 2.720 |
| Previous Close | 2.790 |
| Day's Range | 2.650 - 2.720 |
| 52-Week Range | 2.030 - 4.090 |
| Beta | 2.16 |
| Analysts | Buy |
| Price Target | 5.83 (+119.29%) |
| Est. Earnings | Nov 11, 2026 |
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. [Read more]
Analyst Summary
According to 3 analysts, the average rating for RIO stock is "Buy." The 12-month stock price target is $5.83, which is an increase of 119.29% from the latest price.
News
Rio2 Limited Transcript: Mining Forum Americas 2026
Management highlighted the transition to a two-asset producer, with Fenix Gold ramping up amid severe weather disruptions and Condestable advancing expansion plans. Fenix's long-term growth hinges on a desalinated water pipeline, while Condestable eyes both underground and potential open pit development.
Rio2 price target lowered to C$6 from C$6.10 at Stifel
Stifel analyst Ryan Walker lowered the firm’s price target on Rio2 (RIOFF) to C$6 from C$6.10 and keeps a Buy rating on the shares.
Rio2 Provides Fenix Gold Q3 Operations Update
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2026) - Rio2 Limited (TSX: RIO) (OTCQX: RIOFF) (BVL: RIO) ("Rio2" or "the Company") provides an update on the impact of a series of severe ...
Rio2 Company-Wide Exploration Update
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2026) - Rio2 Limited (TSX: RIO) (OTCQX: RIOFF) (BVL: RIO) provides a company-wide exploration update for its Condestable Copper Mine, locat...
Rio2 Announces Inclusion in MVIS Global Junior Gold Miners Index
Vancouver, British Columbia--(Newsfile Corp. - September 14, 2026) - Rio2 Limited (TSX: RIO) (OTCQX: RIOFF) (BVL: RIO) ("Rio2" or "the Company") announces that it has been added to the MVIS Global Jun...
Condestable Mine Receives Approval of Modified EIA Paving the Path Forward for Expansion
Vancouver, British Columbia--(Newsfile Corp. - August 25, 2026) - Rio2 Limited (TSX: RIO) (OTCQX: RIOFF) (BVL: RIO) ("Rio2" or the "Company") announces that it received regulatory approval for the Mod...
Rio2 Q2 Earnings Call Highlights
Rio2 TSE: RIO executives said operations at its Phoenix Gold project have been disrupted by two severe winter storms, delaying the company's expected progress toward steady-state throughput of more th...
Rio2 Limited Earnings Call Transcript: Q2 2026
Q2 saw operational improvements at both mines, but Phoenix Gold faced major weather disruptions, impacting production and delaying steady-state throughput. Cost stabilization remains a challenge amid inflation, with more clarity expected by late Q3.
Rio2 Limited MD&A: Q2 2026
Rio2 Limited filed a regulatory document on August 17, 2026 disclosing important business information.
Rio2 Limited Report: Q2 2026
Rio2 Limited published a report on August 17, 2026 containing material business information for investors and shareholders.
Rio2 Limited Earnings release: Q2 2026
Rio2 Limited released its Q2 2026 earnings on August 17, 2026, summarizing the period's financial results.
Rio2 Reports Q2 2026 Financial and Operating Results and Webinar
VANCOUVER, British Columbia, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or “the Company”) (TSX: RIO; OTCQX: RIOFF; BVL: RIO) reports financial results for the three months ended June 30, 2...
Rio2 initiated with a Buy at Stifel
Stifel analyst Ryan Walker initiated coverage of Rio2 (RIOFF) with a Buy rating and C$6.10 price target Investment in Rio2 offers exposure to ramping-up lower-cost gold production from the company’s…
Rio2 Announces Participation in Royal Road's Brokered Life Offering
VANCOUVER, British Columbia, July 28, 2026 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2”) (TSX: RIO; OTCQX: RIOFF; BVL: RIO) announces that it has participated in the Royal Road Minerals Limited (“Royal Ro...
Rio2 Files Technical Report for Condestable and Publishes ESG Report
VANCOUVER, British Columbia, July 23, 2026 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or “the Company”) (TSX: RIO; OTCQX: RIOFF; BVL: RIO) today announces that it has filed an independent technical repo...
Rio2 Updates Condestable Mine Resources & Reserves
VANCOUVER, British Columbia, June 23, 2026 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or “the Company”) (TSX: RIO; OTCQX: RIOFF; BVL: RIO) announces that it has finalized an updated National Instrument ...
Rio2 Announces 2026 AGSM Results
VANCOUVER, British Columbia, June 17, 2026 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces the results of voting at its Annual and Special Gene...
Rio2 Virtual AGM Reminder
VANCOUVER, British Columbia--(BUSINESS WIRE)--Rio2 Limited (“Rio2” or “the Company”) (TSX: RIO; OTCQX: RIOFF; BVL: RIO) reminds its shareholders that the Annual General and Special Meeting of sharehol...
Rio2 initiated with an Outperform at National Bank
National Bank analyst Don Demarco initiated coverage of Rio2 (RIOFF) with an Outperform rating and C$5.50 price target
Rio2 Reports First Quarter 2026 Financial Results and Operations Update
VANCOUVER, British Columbia, May 15, 2026 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or “the Company”) (TSX: RIO; OTCQX: RIOFF; BVL: RIO) reports financial results for the three months ended March 31, 2...
Rio2 Limited Earnings release: Q1 2026
Rio2 Limited released its Q1 2026 earnings on May 15, 2026, summarizing the period's financial results.
Rio2 Limited Report: Q1 2026
Rio2 Limited published a report on May 15, 2026 containing material business information for investors and shareholders.
Rio2 Limited MD&A: Q1 2026
Rio2 Limited filed a regulatory document on May 15, 2026 disclosing important business information.
Rio2 Limited Transcript: Mining Forum Europe 2026
Transitioning to a producer, the company now operates Fenix Gold in Chile and Condestable in Peru, focusing on ramping up production and expanding capacity. Major investments target water infrastructure and plant upgrades, with both projects expected to be self-funded and significant exploration underway.
Rio2 Limited (RIO) Opens the Market
Toronto, Ontario--(Newsfile Corp. - March 13, 2026) - Andrew Cox, President, Chief Executive Officer and Director, Rio2 Limited (TSX: RIO) ("Rio2" or the "Company"), and their executive team, joined R...