Rio2 Stock Today
| RIO Stock | CAD 0.48 0.01 2.13% |
Performance15 of 100
| Odds Of DistressLess than 21
|
Rio2 is selling for under 0.48 as of the 30th of April 2024; that is 2.13 percent up since the beginning of the trading day. The stock's lowest day price was 0.47. Rio2 has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Rio2 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Rio2 Limited operates as a precious metals company in Americas. Rio2 Limited was incorporated in 1990 and is based in Vancouver, Canada. RIO2 operates under Gold classification in Canada and is traded on TSX Venture Exchange. The company has 318.6 M outstanding shares of which 2.39 M shares are at this time shorted by private and institutional investors with about 0.07 days to cover all short positions. More on Rio2
Follow Valuation Profit Patterns Odds of Bankruptcy
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Rio2 Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Rio2's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Rio2 or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Alexander Black | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | ||||
Rio2's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Rio2's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Rio2's financial leverage. It provides some insight into what part of Rio2's total assets is financed by creditors.
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Rio2 (RIO) is traded on TSX Venture Exchange in Canada and employs 16 people. Rio2 is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 143.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Rio2's market, we take the total number of its shares issued and multiply it by Rio2's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Rio2 classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 318.6 M outstanding shares of which 2.39 M shares are at this time shorted by private and institutional investors with about 0.07 days to cover all short positions.
Rio2 has accumulated about 1.42 M in cash with (447.05 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Rio2 Probability Of Bankruptcy
Ownership AllocationRio2 has a total of 318.6 Million outstanding shares. Rio2 has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Rio2 Ownership Details
Rio2 Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Rio2 jumping above the current price in 90 days from now is roughly 2.21%. The Rio2 probability density function shows the probability of Rio2 stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Rio2 has a beta of -0.7265 indicating as returns on the benchmark increase, returns on holding Rio2 are expected to decrease at a much lower rate. During a bear market, however, Rio2 is likely to outperform the market. Additionally, rio2 has an alpha of 0.6147, implying that it can generate a 0.61 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Rio2 to move above the current price in 90 days from now is roughly 2.21 (This Rio2 probability density function shows the probability of Rio2 Stock to fall within a particular range of prices over 90 days) .
Rio2 Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Rio2 market risk premium is the additional return an investor will receive from holding Rio2 long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Rio2. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Rio2's alpha and beta are two of the key measurements used to evaluate Rio2's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.74 | |||
| Semi Deviation | 2.57 | |||
| Standard Deviation | 3.66 | |||
| Variance | 13.41 |
Rio2 Stock Against Markets
Picking the right benchmark for Rio2 stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Rio2 stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Rio2 is critical whether you are bullish or bearish towards Rio2 at a given time. Please also check how Rio2's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Rio2 without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Rio2 Corporate Directors
Rio2 corporate directors refer to members of a Rio2 board of directors. The board of directors generally takes responsibility for the Rio2's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Rio2's board members must vote for the resolution. The Rio2 board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Daniel Kenney | Director | Profile | |
| Sidney Robinson | Director | Profile | |
| Albrecht Schneider | Director | Profile | |
| David Thomas | Director | Profile |
How to buy Rio2 Stock?
Before investing in Rio2, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Rio2. To buy Rio2 stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Rio2. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Rio2 stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Rio2 stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Rio2 stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Rio2, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Rio2?
The danger of trading Rio2 is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Rio2 is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Rio2. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Rio2 is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio2. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Rio2 Stock analysis
When running Rio2's price analysis, check to measure Rio2's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rio2 is operating at the current time. Most of Rio2's value examination focuses on studying past and present price action to predict the probability of Rio2's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rio2's price. Additionally, you may evaluate how the addition of Rio2 to your portfolios can decrease your overall portfolio volatility.
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