Rio2 Ltd
XTSX:RIO
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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P/B
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.
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.
Valuation Scenarios
If P/B returns to its 3-Year Average (6.7), the stock would be worth CA$2.17 (0% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 6.7 | CA$2.17 |
0%
|
| 3-Year Average | 6.7 | CA$2.17 |
0%
|
| 5-Year Average | 6.7 | CA$2.17 |
0%
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| Industry Average | 4.2 | CA$1.37 |
-37%
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| Country Average | 2.7 | CA$0.86 |
-60%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
Rio2 Ltd
XTSX:RIO
|
1.1B CAD | 6.7 | -60.4 | |
| RU |
P
|
Polyus PJSC
LSE:PLZL
|
70.4T USD | 13 054 | 34 959.7 | |
| ZA |
G
|
Gold Fields Ltd
JSE:GFI
|
677.1B ZAR | 4.9 | 11.6 | |
| ZA |
H
|
Harmony Gold Mining Company Ltd
JSE:HAR
|
172.5B ZAR | 3.3 | 10.6 | |
| CN |
|
Zijin Mining Group Co Ltd
SSE:601899
|
912.3B CNY | 4.9 | 14.7 | |
| US |
|
Newmont Corporation
NYSE:NEM
|
131.4B USD | 3.9 | 18.6 | |
| CA |
|
Agnico Eagle Mines Ltd
TSX:AEM
|
136.2B CAD | 4 | 22.4 | |
| CA |
|
Barrick Mining Corp
F:ABR0
|
58.6B EUR | 2.6 | 13.8 | |
| CA |
|
Barrick Gold Corp
TSX:ABX
|
92.2B CAD | 2.6 | 13.8 | |
| CA |
|
Wheaton Precious Metals Corp
TSX:WPM
|
88.1B CAD | 7.2 | 42.5 | |
| HK |
Z
|
Zijin Gold International Co Ltd
HKEX:2259
|
422.6B HKD | 6.5 | 33.8 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.9 |
| Max | 1 402.4 |
Other Multiples
Rio2 Ltd
Glance View
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.
