Rio2 Limited (V:RIO)
Business Focus: Gold Mining
| Sector: Basic Materials | Industry: Gold |
| See Regulatory Filings on SEDAR | |
| Company Contact | |
| Address: | Suite 1000, 355 Burrard Street VANCOUVER BC V6C 2G8 |
| Tel: | N/A |
| Website: | https://www.rio2.com |
| IR: | See website |
| Key People | ||
| Klaus M. Zeitler Non-Executive Independent Chairman of the Board | Alexander Black President, Chief Executive Officer, Director | Kathryn Johnson Chief Financial Officer, Executive Vice President, Corporate Secretary |
| Andrew Cox Chief Operating Officer, Executive Vice President | Jose Luis Martinez Executive Vice President, Chief Strategy Officer | Ian Keith Dreyer Senior Vice President - Technical Services |
| Business Overview |
| Rio2 Limited is a Canada-based mining company. The Company's principal business activity is the exploration and development of its Fenix Gold Project in Chile. The Fenix Gold Project is located in Atacama Region, in the Copiapo Province - Chile, specifically in the Maricunga Mineral Belt, approximately 160 kilometers northeast of Copiapo by International Road CH-31. It covers approximately 16,050 hectares of area. In addition to the Fenix Gold Project in development in Chile, the Company continues to pursue additional acquisitions where it can deploy its operational and responsible mining practices to build a multi-asset, multi-jurisdiction, precious metals company. |
| Financial Overview |
| For the three months ended 31 March 2022, Rio2 Ltd revenues was not reported. Net loss decreased 18% to $2.6M. Lower net loss reflects Foreign exchange (gain) loss increase from $1.1M (expense) to $926K (income), Exploration Costs decrease of 90% to $4K (expense), Professional fees decrease of 8% to $167K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.02 to -$0.01. |
| Employees: | 56 as of Dec 31, 2020 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $114.35M as of Mar 31, 2022 |
| Annual revenue (TTM): | $0.00M as of Mar 31, 2022 |
| EBITDA (TTM): | -$16.38M as of Mar 31, 2022 |
| Net annual income (TTM): | -$12.78M as of Mar 31, 2022 |
| Free cash flow (TTM): | -$32.37M as of Mar 31, 2022 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 256,684,713 as of Apr 13, 2022 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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