Rio2 Limited (OTCMKTS:RIOFF – Get Free Report) shares were up 0.3% on Friday . The stock traded as high as C$1.56 and last traded at C$1.55. Approximately 473,375 shares were traded during trading, an increase of 53% from the average daily volume of 310,264 shares. The stock had previously closed at C$1.55.
Analysts Set New Price Targets
Separately, Raymond James Financial reiterated an “outperform” rating on shares of Rio2 in a research note on Friday, October 10th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.
View Our Latest Stock Report on RIOFF
Rio2 Stock Performance
About Rio2
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.
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