Rio2 Limited (TSX:RIO)

Canada flag Canada · Delayed Price · Currency is CAD
3.210
0.00 (0.00%)
At close: Jun 2, 2026
Market Cap1.75B +294.9%
Revenue (ttm)91.93M
Net Income14.30M
EPS0.03
Shares Out 546.40M
PE Ratio121.01
Forward PE7.59
Dividendn/a
Ex-Dividend Daten/a
Volume889,696
Open3.220
Previous Close3.210
Day's Range3.170 - 3.290
52-Week Range1.175 - 4.090
Beta2.10
AnalystsBuy
Price Target5.36 (+66.98%)
Earnings DateAug 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]

Industry Gold
Sector Materials
Founded 1990
Employees 56
Stock Exchange Toronto Stock Exchange
Ticker Symbol RIO
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

Analyst Summary

According to 4 analysts, the average rating for RIO stock is "Buy." The 12-month stock price target is $5.36, which is an increase of 66.98% from the latest price.

Price Target
$5.36
(66.98% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

18 days ago - GlobeNewsWire

Rio2 Limited Earnings release: Q1 2026

Rio2 Limited released its Q1 2026 earnings on May 15, 2026, summarizing the period's financial results.

19 days ago - Filings

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.

19 days ago - Filings

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.

19 days ago - Filings

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...

2 months ago - Newsfile Corp

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.

2 months ago - Filings

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.

2 months ago - Filings

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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…

4 months ago - TheFly

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

4 months ago - TheFly

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…

4 months ago - TheFly

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...

4 months ago - GlobeNewsWire

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”)...

5 months ago - GlobeNewsWire

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”)...

6 months ago - GlobeNewsWire

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”)...

6 months ago - GlobeNewsWire

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 of C$2.50 after the company announced an agreement with Southern Peaks Mining…

6 months ago - TheFly

Rio2 Announces Upsize of Previously Announced Bought Deal Financing to C$166 Million

VANCOUVER, British Columbia, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSX: RIO; OTCQX: RIOFF; BVL: RIO) is pleased to announce that due to strong investor demand, the ...

6 months ago - GlobeNewsWire

Rio2 Expands in Latin America With the Acquisition of the Producing Condestable Mine

Positions Rio2 as a Diversified Latin American Gold Miner with Copper Exposure Concurrent C$140 Million Bought Deal Equity Financing to Support the Acquisition

6 months ago - GlobeNewsWire

Rio2 Announces Participation in Royal Road's Private Placement

VANCOUVER, British Columbia, Nov. 27, 2025 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2”) (TSX: RIO; OTCQX: RIOFF; BVL: RIO) announces that, it has participated in the Royal Road Minerals Limited (“Royal R...

6 months ago - GlobeNewsWire

Rio2 Limited Registration statement: Q3 2025

Rio2 Limited filed a registration statement on November 11, 2025, providing details about a securities offering with the SEC.

7 months ago - Filings

Rio2 Limited Registration statement: Q3 2025

Rio2 Limited filed a registration statement on November 11, 2025, providing details about a securities offering with the SEC.

7 months ago - Filings

Rio2 Provides Fenix Gold Mine Q3 2025 Construction Update

VANCOUVER, British Columbia, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or “the Company”) (TSX: RIO; OTCQX: RIOFF; BVL: RIO) today provides an update on progress made at Rio2's 100% owned ...

7 months ago - GlobeNewsWire

Royal Road and Rio2 Announce Share Acquisition by Rio2

TORONTO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Royal Road Minerals Limited (TSXV: RYR; OTCQB: RRDMF) (“Royal Road” or the “Company”) and Rio2 Limited (TSX: RIO; OTCQX: RIOFF; BVL: RIO) (“Rio2”) are pleas...

8 months ago - GlobeNewsWire

Royal Road and Rio2 Announce Share Acquistion by Rio2

Toronto, Ontario--(Newsfile Corp. - September 29, 2025) - Royal Road Minerals Limited (TSXV: RYR) (OTCQB: RRDMF) ("Royal Road" or the "Company") and Rio2 Limited (TSX: RIO) (OTCQX: RIOFF) (BVL: RIO) (...

8 months ago - Newsfile Corp