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Rio2 Ltd
OTC:RIOFF

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Rio2 Ltd
OTC:RIOFF
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Price: 1.93 USD -6.76% Market Closed
Market Cap: $656.3m

P/B

6.7
Current
No historical data
Comparison unavailable

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
6.7
=
Market Cap
$1.1B
/
Total Equity
$123.1m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
6.7
=
Market Cap
$1.1B
/
Total Equity
$123.1m

Valuation Scenarios

Rio2 Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (6.7), the stock would be worth $1.93 (0% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-60%
Maximum Upside
No Upside Scenarios
Average Downside
24%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 6.7 $1.93
0%
3-Year Average 6.7 $1.93
0%
5-Year Average 6.7 $1.93
0%
Industry Average 4.2 $1.22
-37%
Country Average 2.7 $0.77
-60%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CA
Rio2 Ltd
OTC:RIOFF
1.1B USD 6.7 -60.4
RU
Polyus PJSC
LSE:PLZL
70.4T USD 13 054 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
636.8B ZAR 4.6 10.9
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
163.4B ZAR 3.1 10
CN
Zijin Mining Group Co Ltd
SSE:601899
876.1B CNY 4.7 14.2
US
Newmont Corporation
NYSE:NEM
119.7B USD 3.5 16.9
CA
Agnico Eagle Mines Ltd
TSX:AEM
135B CAD 3.8 21.2
CA
Barrick Gold Corp
TSX:ABX
92.9B CAD 2.5 13.2
CA
Barrick Mining Corp
F:ABR0
55.9B EUR 2.5 13.2
CA
Wheaton Precious Metals Corp
TSX:WPM
84.5B CAD 6.7 39.5
HK
Zijin Gold International Co Ltd
HKEX:2259
407.3B HKD 6.2 32.5

Market Distribution

Higher than 76% of companies in Canada
Percentile
76th
Based on 3 061 companies
76th percentile
6
Low
0 — 1.6
Typical Range
1.6 — 4.9
High
4.9 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.9
Max 1 402.4

Rio2 Ltd
Glance View

Market Cap
656.3m USD
Industry
Metals & Mining

Rio2 Ltd. is a mining company. The company is headquartered in Vancouver, British Columbia. The firm's principal business activity is the exploration and development of its Fenix Gold Project in Chile. The Fenix Gold Project is located in Atacama Region, in the Copiapo Province - Chile, specifically in the Maricunga Mineral Belt, approximately 160 kilometers northeast of Copiapo by International Road CH-31. The company covers approximately 16,050 hectares of area. In addition to the Fenix Gold Project in development in Chile, the Company continues to pursue additional acquisitions where it can deploy its operational and responsible mining practices to build a multi-asset, multi-jurisdiction, precious metals company.

RIOFF Intrinsic Value
9.2 USD
Undervaluation 79%
Intrinsic Value
Price $1.93
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