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Added to YB: 2025-03-17

Pitch date: 2025-03-13

RIO.V [bullish]

Rio2 Limited

+236.25%

current return

Author Info

No bio for this author

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 0.80

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 – The Largest Permitted & Financed Project in the Americas

RIO.V: Fully financed Fenix Gold Project in Chile. 4.8Moz Au resource, $546M NPV5%, 64% IRR at $2250/oz. Low capex ($127M), 0.85:1 strip ratio. Phase 1: 91Koz/yr for 12yrs. Phase 2 expansion to 250-300Koz/yr. Trades at 0.4x NPV, $26/oz vs peers 0.5x, $88/oz. Construction starts Feb 2025, production Jan 2026.

Read full article (24 min)