Analysts Set Expectations for Rio2’s Q1 Earnings (CVE:RIO)

Rio2 Limited (CVE:RIO) – Analysts at Raymond James Financial increased their Q1 2026 earnings per share estimates for Rio2 in a note issued to investors on Thursday, October 9th. Raymond James Financial analyst C. Stanley now anticipates that the company will post earnings of $0.04 per share for the quarter, up from their previous estimate 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 Stock Up 0.5%

CVE RIO opened at C$1.83 on Monday. The business has a fifty day moving average price of C$1.77 and a two-hundred day moving average price of C$1.40. 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 has a fifty-two week low of C$0.50 and a fifty-two week high of C$1.90. The stock has a market capitalization of C$782.78 million, a PE ratio of -26.35 and a beta of 1.57.

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.