Rio2 (OTCMKTS:RIOFF) Shares Down 2.1% – Time to Sell?
by Renee Jackson · The Cerbat GemRio2 Limited (OTCMKTS:RIOFF – Get Free Report) was down 2.1% during trading on Thursday . The company traded as low as C$0.56 and last traded at C$0.60. Approximately 165,656 shares traded hands during trading, a decline of 6% from the average daily volume of 176,196 shares. The stock had previously closed at C$0.61.
Rio2 Price Performance
The stock’s 50 day moving average price is C$0.54 and its two-hundred day moving average price is C$0.49.
Rio2 Company Profile
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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