Raymond James Financial Predicts Higher Earnings for Rio2

Rio2 Limited (CVE:RIOFree Report) – Analysts at Raymond James Financial increased their Q1 2026 earnings per share (EPS) estimates for Rio2 in a report released on Thursday, October 9th. Raymond James Financial analyst C. Stanley now forecasts that the company will earn $0.04 per share for the quarter, up from their prior forecast of $0.03. The consensus estimate for Rio2’s current full-year earnings is ($0.03) per share. Raymond James Financial also issued estimates for Rio2’s Q2 2026 earnings at $0.07 EPS, Q3 2026 earnings at $0.07 EPS, Q4 2026 earnings at $0.07 EPS and FY2026 earnings at $0.23 EPS.

Rio2 Trading Up 0.5%

Shares of RIO stock opened at C$1.83 on Monday. The business’s fifty day moving average price is C$1.77 and its 200 day moving average price is C$1.40. Rio2 has a 1-year low of C$0.50 and a 1-year high of C$1.90. The firm has a market capitalization of C$782.78 million, a PE ratio of -26.35 and a beta of 1.57. The company has a debt-to-equity ratio of 0.44, a current ratio of 17.39 and a quick ratio of 1.10.

Rio2 Company Profile

(Get Free Report)

Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile. It holds a 100% in the Fenix Gold Project covering an area of approximately 16,050 hectares located in Chile. The company was incorporated in 1990 and is headquartered in Vancouver, Canada.

Recommended Stories

Earnings History and Estimates for Rio2 (CVE:RIO)

Receive News & Ratings for Rio2 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rio2 and related companies with MarketBeat.com's FREE daily email newsletter.