Rio2 Limited (TSX:RIO)
Canada · Delayed Price · Currency is CAD | Market Cap | 1.94B +179.9% |
| Revenue (ttm) | 91.93M |
| Net Income | 14.30M |
| EPS | 0.02 |
| Shares Out | 548.48M |
| PE Ratio | 142.36 |
| Forward PE | 8.05 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,491,770 |
| Open | 3.310 |
| Previous Close | 3.250 |
| Day's Range | 3.310 - 3.550 |
| 52-Week Range | 1.560 - 4.090 |
| Beta | 2.15 |
| Analysts | Buy |
| Price Target | 5.65 (+59.61%) |
| Earnings Date | Aug 12, 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 4 analysts, the average rating for RIO stock is "Buy." The 12-month stock price target is $5.65, which is an increase of 59.61% from the latest price.
News
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 Registration statement: Q1 2026
Rio2 Limited filed a registration statement on May 15, 2026, providing details about a securities offering with the SEC.
Rio2 Limited Registration statement: Q1 2026
Rio2 Limited filed a registration statement on May 15, 2026, providing details about a securities offering with the SEC.
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...
Rio2 Limited Registration statement: Q4 2025
Rio2 Limited filed a registration statement on March 12, 2026, providing details about a securities offering with the SEC.
Rio2 Limited Registration statement: Q4 2025
Rio2 Limited filed a registration statement on March 12, 2026, providing details about a securities offering with the SEC.
Rio2 Limited Transcript: 35th BMO Global Metals, Mining & Critical Minerals Conference
Two operating mines in Chile and Peru are driving strong EBITDA and production growth, with expansions planned at both sites. Fenix Gold is ramping up output and will transition to desalinated water, while exploration at both assets aims to further increase reserves.
Rio2 to Present at BMO's Global Metals, Mining and Critical Minerals Conference and PDAC
VANCOUVER, British Columbia, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSX: RIO; OTCQX: RIOFF; BVL: RIO) is pleased to announce that its executive team lead by Alex Bla...
Rio2 Completes Acquisition of the Condestable Mine
VANCOUVER, British Columbia, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSX: RIO; OTCQX: RIOFF; BVL: RIO) is pleased to announce the successful acquisition (the “Acquisi...
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, up from C$4, after the company announced the first official gold pour…
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
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 on Friday, January 23. Construction of critical path items at Fenix Gold…
Rio2 Announces Gold Pour at Fenix Gold Mine
VANCOUVER, British Columbia, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or “the Company”) (TSX: RIO; OTCQX: RIOFF; BVL: RIO) announces that the first official gold pour at Rio2's 100% owne...
Rio2 Announces Closing of Brokered Private Placement for Gross Proceeds of C$14 Million
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”)...
Rio2 Announces Closing of Upsized Bought Deal for Gross Proceeds of C$191 Million
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”)...
Rio2 Announces Filing of Prospectus Supplement in Connection with Previously Announced “Bought Deal” Equity Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”)...