Professional
Added to YB: 2025-05-01
Pitch date: 2025-04-29
RIO.V [neutral]
Rio2 Limited
+158.65%
current return
Author Info
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Company Info
Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile.
Market Cap
CAD 311.2M
Pitch Price
CAD 1.04
Price Target
1.40 (-48%)
Dividend
N/A
EV/EBITDA
-24.66
P/E
-11.3K
EV/Sales
N/A
Sector
Metals and Mining
Category
growth
Show full summary:
Rio2 Limited – Construction Update for the Fenix Gold Project
RIO.V (update): Fenix Gold project 19% complete, on track and on budget for Q1/26 gold production. Largest permitted/financed heap leach in Americas. $30.1M spent vs $30.5M budget. Management from Rio Alto ($1.3B Taho merger). Construction progressing on ADR plant, leach pad, PLS pond. Material on pad by Nov. C$1.40 target.
Read full article (3 min)