Rio2 (OTCMKTS:RIOFF) Trading 1.4% Higher – Time to Buy?

Rio2 Limited (OTCMKTS:RIOFFGet Free Report)’s share price shot up 1.4% on Friday . The stock traded as high as C$1.22 and last traded at C$1.19. 358,032 shares were traded during trading, an increase of 61% from the average session volume of 222,015 shares. The stock had previously closed at C$1.17.

Analysts Set New Price Targets

Separately, Raymond James Financial reissued an “outperform” rating on shares of Rio2 in a research note on Friday, April 4th.

View Our Latest Report on Rio2

Rio2 Trading Up 1.4%

The stock has a 50-day simple moving average of C$0.88 and a two-hundred day simple moving average of C$0.65.

About Rio2

(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.

Further Reading

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.