Rio2 Limited

Rio2 Limited

RIOFF
Rio2 LimitedUS flagOther OTC
2.19
USD
-0.13
- -
941.42MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.15
Basic EPS, GAAP
-0.13
-0.1
-0.08
0.08
-0.12
-0.12
-0.06
-0.05
-0.05
-0.01
-0.05
- -
-0.03
0.02
Free Cash Flow per Basic Share
-0.01
-0.04
-0.02
-0.03
-0.08
-0.09
-0.06
-0.07
-0.07
-0.14
- -
-0.05
-0.01
-0.05
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1.07
-1.08
-0.98
0.16
0.06
0.88
0.44
0.31
0.36
0.3
0.25
0.4
0.3
0.74
Tangible Book Value per Share
-0.51
-0.57
-0.55
0.29
0.11
0.98
0.5
0.35
0.4
0.32
0.28
0.39
0.29
0.74
Basic Weighted Avg Shares
1
1
1
4
38
52
140
185
220
257
258
320
428
452
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
66
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5.18
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
3
2
- -
- -
12
Net Income, GAAP
- -
- -
- -
- -
-5
-6
-8
-9
-11
-2
-12
- -
-14
10
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
31.34
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
15.56
Working Capital
-1
-1
-1
1
4
-1
12
1
19
4
4
36
29
-20
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
- -
65
Total Equity
-1
-1
-1
1
4
50
69
66
88
82
73
125
123
337
Return on Invested Capital (%)
- -
- -
- -
-27.44
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.81
Return on Capital (%)
- -
- -
- -
-1,636.11
- -
- -
- -
- -
- -
- -
- -
- -
- -
4.26
Return on Common Equity (%)
- -
- -
- -
- -
-316.87
-25.56
-14.83
-14.96
-15.49
-2.96
-17.3
-0.02
-10.65
4.41

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
19
LT Borrowings
- -
- -
61
LT Finance Leases
- -
- -
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
430
436
548
Market Capitalization
845
1,450
1,240

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
60
228
183
Cash, Cash Equivalents & STI
32
46
93
Accounts Receivable, Net
- -
- -
56
Inventories
- -
7
31
Total Current Liabilities
48
199
203
Payables & Accruals
24
166
105
ST Debt
- -
- -
19
Deferred Revenue
24
34
32

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
116.87%
17.14%
-1.63%
Free Cash Flow
-3,469.94%
-7,524.58%
-84.92%
Net Income, GAAP
6,329.1%
13,027.62%
64,861.9%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
66
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.01
-0.02
- -
- -
2025
- -
- -
-0.01
- -
-0.03
2026
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Andrew Cox
Full Time Employees
185
Sector
Basic Materials
Industry
Gold
Address
The Marine Building Vancouver BC Canada V6C 2G8
IPO Date
Jan 8, 2021
Website
rio2.com
Business
Rio2 Limited (Ticker: RIOFF) is a mining development company focused on advancing copper projects in Latin America. The company targets the development and potential operation of the Fenix Gold-Copper Project located in Chile, which features open-pit mining of oxide copper and gold ores; hydrometallurgical processing for cathode copper production; and conventional milling and flotation for sulphide copper-gold concentrate. Rio2 offers exploration services, feasibility studies, environmental permitting, and project financing strategies centered on copper and gold extraction technologies. Founded in 1990 and headquartered in Vancouver, Canada, Rio2 operates primarily in Chile with exploration interests across South America targeting mining companies, investment funds, and commodity off-takers. In recent developments within the last two years, Rio2 achieved key milestones including the completion of a Definitive Feasibility Study for Fenix in 2023 demonstrating robust economics; secured environmental approvals and water rights essential for construction commencement; and progressed strategic partnerships for off-take agreements and project financing amid rising copper demand. The company also expanded its technical team and initiated early works programs to support a construction decision targeted for late 2025. Rio2 maintains no major subsidiaries or parent relationships, positioning it as an independent developer in the copper sector.

Company News

APIChat
  • Rio2 Reports First Quarter 2026 Financial Results and Operations Update

  • Rio2 Reports First Quarter 2026 Financial Results and Operations Update

  • Rio2 Limited (RIO:CA) Presents at Mining Forum Europe 2026 Transcript

  • Rio2 Limited (RIO) Opens the Market

  • Rio2 Limited (RIO:CA) Presents at 35th BMO Global Metals, Mining & Critical Minerals Conference Prepared Remarks Transcript

  • Rio2 to Present at BMO's Global Metals, Mining and Critical Minerals Conference and PDAC

  • Rio2 Limited (OTCMKTS:RIOFF) Sees Significant Increase in Short Interest

  • Rio2 Completes Acquisition of the Condestable Mine

  • Rio2 Announces Gold Pour at Fenix Gold Mine

  • Rio2 (OTCMKTS:RIOFF) Stock Price Down 0.3% – Here’s What Happened

  • Fenix Gold Offers Deep Value As Rio2 Production Launches Into A Gold Rush

  • Rio2 (OTCMKTS:RIOFF) Stock Price Up 5.1% – Should You Buy?

  • Rio2 Announces Closing of Brokered Private Placement for Gross Proceeds of C$14 Million

  • Rio2 Announces Closing of Upsized Bought Deal for Gross Proceeds of C$191 Million

  • Rio2 Announces Filing of Prospectus Supplement in Connection with Previously Announced “Bought Deal” Equity Financing

  • Rio2 Announces Upsize of Previously Announced Bought Deal Financing to C$166 Million

  • Rio2 Expands in Latin America With the Acquisition of the Producing Condestable Mine

  • Rio2 (OTCMKTS:RIOFF) Stock Price Down 0.8% – Should You Sell?

  • Rio2 Announces Participation in Royal Road's Private Placement

  • Rio2 Provides Fenix Gold Mine Q3 2025 Construction Update