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Closing Bell: Rio2 Ltd down on Wednesday (RIO)

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:02PM CDT

Rio2 Ltd opened trading today at $0.55 and closed at $0.53. Intraday prices ranged from a low of $0.52 to a high of $0.55.

The price eased -3.64% from the previous day's close of $0.55.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

Rio2 Ltd traded under RIO on the Toronto Venture Exchange (TSX-V).

Trading volume was 512,200 on 80 total trades. On average, Rio2 Ltd has traded 221,525 shares over 5 days and 234,184 year-to-date.

The TSX-V overall saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, RIO.VN has traded as high as $0.64 (May 22,2024) and low as $0.15 (November 24,2023). Moreover, the shares have risen 112.00 percent in the last 12 months, while this year, they have advanced 32.50%.

Following today's trading, Rio2 Ltd has a market capitalization of $187.01 million on a float of 340,029 shares outstanding. Its annual EPS is $-0.03.

Rio2 Ltd is a TSX Gold company headquartered in Vancouver, CAN.

Currently, Rio2 Ltd has an average recommendation of "Moderate Buy" based on 1.00 analysts according to Zacks. From those 1 analysts, 1 have buy ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..