Rio2 Limited (V:RIO)
Business Focus: Gold Mining
Sunny as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for RIO within the last 6 months
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Company News
Apr 19, 2024 16:14 ET
Eric Sprott Announces Changes to His Holdings in Rio2 Limited
Toronto, Ontario--(Newsfile Corp. - April 19, 2024) - Eric Sprott announces that, on April 17, 2024, 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 5,128,500 common shares (Shares) of Rio2 Limited for total consideration of $2,000,115 pursuant to a private placement. Prior to the acquisition, Mr. Sprott beneficially owned 25,933,371 Shares representing approximately 10.0% of the outstanding Shares on a non-diluted basis.
Apr 17, 2024 16:19 ET
Rio2 Closes C$23M Offering
Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces that it has closed its private placement, as announced on April 8, 2024, and April 9, 2024. A total of 59,030,000 common shares of the Company (the “Shares”) were...
Valuation Ratios
Industry
Sector
Beta
2.34
--
--
Price to Sales - TTM
--
3.67
4.43
Price to Book - most recent quarter
1.21
2.12
1.98
Price to Cash Flow per share - TTM
--
10.28
9.44
Price to Free Cash Flow per share - TTM
--
25.68
19.72
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 2,386,002 | 2,376,972 |
| Mar 31, 2024 | 9,030 | -57,379 |
| Mar 15, 2024 | 66,409 | 60,604 |
Business Summary
| Sector: Basic Materials | Industry: Gold |
Rio2 Limited is a Canada-based mining company with a focus on development and mining operations. The Company is focused on its Fenix Gold Project in Chile. The Fenix Gold Project, 16,050 hectares, 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 is an undeveloped gold heap leach project in the Americas. The Fenix Gold is a mining district that contains over 70 million ounces of gold and hosts the La Coipa and Refugio mines, as well as the Volcan, Caspiche, Lobo Marte and Cerro Casale deposits. The Company's subsidiary is Fenix Gold Limitada.
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