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Home CompaniesRio2 Ltd

Rio2 Ltd

Basic Materials Gold
PortfolioPortfolio WatchlistWatchlist
Company price
2.51 CAD -0.07 ( 2.71%)
Last update at 2026-11-03T20:36:00Z
VOLUME
391309
Market Cap
1410.60M

Momentum Score

…

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.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
2.50
Low
2.61
High
52 Week Price Range
0.93
Low
4.09
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public disclosures for Rio2 Ltd (RIO.TO) are limited; the company appears to be a Canada‑listed resource issuer focused on advancing a development‑stage mineral project. Long‑term growth may depend on successful resource delineation, permitting and project financing, and investors may find exposure to potential commodity upside and project development leverage attractive.
Principal risks include exploration and development execution, ability to secure financing, permitting or regulatory delays and sensitivity to commodity price volatility.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
2.58
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
0.00
ROE
-10.99%
Net Debt
-15.82M
ROCE
-5.30%
Diluted EPS TTM
-0.04

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -13.88M -0.01M -16.66M -3.07M -13.18M
Net income -13.88M -0.02M -12.33M -2.30M -10.53M
Selling general administrative 13.48M 6.64M 2.39M 3.21M 4.34M
Selling and marketing expenses - - 3.90M 11.46M 9.85M
Gross profit -0.67M -0.10M -2.32M -2.28M -0.08M
Reconciled depreciation 0.20M - - - -
Ebit -14.24M 1.98M -11.91M -13.74M -13.25M
Ebitda -13.57M 2.61M -8.83M -11.23M -12.96M
Depreciation and amortization 0.67M 0.63M 3.08M 2.50M 0.29M
Operating income -14.24M -12.01M -5.70M -13.74M -13.25M
Other operating expenses 14.24M 8.95M 5.70M 14.67M 14.19M
Interest expense 0.00M 2.60M 0.01M 2.19M -
Tax provision 0.00M 0.01M 0.02M 0.03M -
Interest income 0.89M 10.53M 1.83M 8.71M -
Net interest income 0.89M - - - -
Income tax expense - 0.99M 0.02M 0.03M 0.02M
Total revenue 0.00M 0.00M 0.00M 0.00M -
Total operating expenses 13.57M 8.86M 5.70M 11.61M 11.81M
Cost of revenue 0.67M 0.10M 2.32M 2.28M 0.08M
Total other income expense net 0.36M - -6.61M 13.76M 1.36M
Net income from continuing ops -13.64M - - - -
Net income applicable to common shares - -0.02M -12.36M -2.30M -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 467.96M 173.80M 108.42M 115.06M 95.70M
Intangible assets - - 0.00M - -
Other current assets 140.07M 0.32M 0.28M 0.41M 1.48M
Total liab 345.10M 48.69M 35.21M 33.23M 7.33M
Total stockholder equity 122.85M 125.11M 73.21M 81.83M 88.36M
Other current liab 198.90M 0.75M 0.23M -0.12M 0.52M
Common stock 203.59M 192.75M 128.50M 128.53M 127.20M
Capital stock 203.96M - - - -
Retained earnings -76.97M -63.47M -63.45M -51.09M -48.79M
Other assets - - 0.25M - -
Cash 15.97M 45.01M 4.55M 4.68M 21.35M
Total current liabilities 199.05M 9.66M 0.64M 1.71M 3.67M
Net debt -15.82M -44.72M -4.09M -3.97M -20.86M
Short term debt 0.15M 0.14M 0.15M 0.49M 0.38M
Short long term debt total 0.15M 0.29M 0.47M 0.71M 0.49M
Other stockholder equity 274.40M - 0.33M -6.22M 0.87M
Property plant equipment - - 92.95M 93.08M 62.64M
Total current assets 228.02M 45.41M 4.89M 5.50M 23.12M
Long term investments 3.75M - - - -
Short term investments 30.75M - 0.05M 0.05M 0.05M
Net receivables 33.76M 0.07M 0.01M 0.36M 0.25M
Inventory 7.47M - - - -
Accounts payable 25.93M 8.77M 0.25M 1.34M 2.77M
Accumulated other comprehensive income -3.77M -4.17M 7.82M 4.39M 9.95M
Non currrent assets other 9.44M 19.76M 10.32M 16.47M 9.93M
Non current assets total 239.93M 128.40M 103.28M 109.56M 72.58M
Capital lease obligations 0.15M - - - -
Long term debt total - - 0.31M 0.50M 0.30M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total cashflows from investing activities -97.48M -8.97M -1.95M -31.60M -2.13M
Net borrowings -0.15M - - - -
Total cash from financing activities 9.65M 61.89M -0.18M 25.88M 30.97M
Net income -13.88M -0.02M -12.36M -2.30M -10.53M
Change in cash -31.12M 40.41M -0.13M -16.67M 18.74M
Begin period cash flow 47.09M 4.60M 4.68M 21.35M 2.60M
End period cash flow 15.97M 45.01M 4.55M 4.68M 21.35M
Total cash from operating activities 89.28M -12.03M -0.33M -3.87M -9.33M
Issuance of capital stock 10.00M - - - -
Depreciation 0.20M 0.24M 2.03M 2.50M 0.29M
Other cashflows from investing activities -5.67M -4.50M -1.95M 0.00M 2.95M
Change to inventory -7.62M - - - -
Change to account receivables -20.18M -1.62M 6.25M -0.25M -0.30M
Sale purchase of stock - 66.50M - 1.15M -
Other cashflows from financing activities -0.15M -3.71M -0.18M 26.15M 4.68M
Capital expenditures 91.81M 4.47M 1.95M 31.60M 5.86M
Change in working capital -25.71M -1.34M 5.33M -8.48M -1.34M
Stock based compensation 1.97M 0.57M 0.00M 1.71M 1.94M
Other non cash items 128.87M -11.48M 4.66M 2.70M 0.30M
Free cash flow -2.53M -16.49M -2.28M -35.47M -15.20M

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
RIO
Rio2 Ltd		 -0.07
2.71%		 2.51 - 8.64 118645.50 8.36 20518.48 289.33
AEM
Agnico Eagle Mines Limited		 -4.41
1.85%		 234.00 24.22 15.85 11.68 4.34 8.85 12.58
ABX
Barrick Gold Corp		 -1.21
2.28%		 51.89 14.39 10.63 5.80 2.63 4.04 6.19
WPM
Wheaton Precious Metals Corp		 -2.52
1.51%		 164.32 43.69 24.75 38.06 7.39 27.40 31.65
FNV
Franco-Nevada Corporation		 -4.09
1.27%		 316.85 42.91 30.30 36.18 6.45 26.79 28.34

Profile*

Rio2 Ltd

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.

701 West Georgia Street, Vancouver, BC, Canada, V7Y 1C6

604 762 4720

https://www.rio2.com

Name Title Year Born
Mr. Alexander Black Executive Chairman 1958
Mr. Andrew Cox President, CEO & Non-Independent Director NA
Ms. Kathryn Johnson CA, CPA CFO, Executive VP & Corporate Secretary NA
Mr. Daniel Ellis Kenney LLB Legal Counsel 1970
Ms. Maria Alejandra V. Gomez Senior Vice President of Corporate Communications NA
Mr. Enrique Garay Manyari M. Sc, P. Geo. Senior Vice President of Geology NA
Mr. Enrique Montaudon Ramirez Senior Vice President of Mining & GM of Condestable 1968
Mr. Christopher Diaz Senior Vice President of Finance NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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