Rio2 Ltd

V:RIO Canada Gold
Market Cap
$545.02 Million
CA$782.78 Million CAD
Market Cap Rank
#10311 Global
#33 in Canada
Share Price
CA$1.83
Change (1 day)
+0.55%
52-Week Range
CA$0.75 - CA$1.83
All Time High
CA$2.85
About

Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile. Its principal project holds 100% interests 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.

Rio2 Ltd - Asset Resilience Ratio

Latest as of September 2024: 0.04%

Rio2 Ltd (RIO) has an Asset Resilience Ratio of 0.04% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
CA$46.00K
Cash + Short-term Investments
Total Assets
CA$120.04 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2023)

This chart shows how Rio2 Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Rio2 Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$46.00K 0.04%
Total Liquid Assets CA$46.00K 0.04%

Asset Resilience Insights

  • Limited Liquidity: Rio2 Ltd maintains only 0.04% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Rio2 Ltd Industry Peers by Asset Resilience Ratio

Compare Rio2 Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Gold Royalty Corp.
NYSE MKT:GROY
Gold 0.76%
Gold Fields Limited
PINK:GFIOF
Gold 0.00%
Guskin Gold Corp
PINK:GKIN
Gold 13.37%
Mining Global Inc
PINK:MNGG
Gold 0.00%
Matmown Inc
PINK:MTMW
Gold 0.00%
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
Gold 4.22%
Bahvest Resources Bhd
KLSE:0098
Gold 31.41%

Annual Asset Resilience Ratio for Rio2 Ltd (2017–2023)

The table below shows the annual Asset Resilience Ratio data for Rio2 Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.04% CA$60.66K CA$142.96 Million +0.00pp
2022-12-31 0.04% CA$46.00K CA$115.06 Million -0.01pp
2021-12-31 0.05% CA$46.00K CA$95.70 Million -1.08pp
2020-12-31 1.13% CA$830.14K CA$73.49 Million -13.82pp
2019-12-31 14.95% CA$10.76 Million CA$72.00 Million --
2018-12-31 0.00% CA$0.00 CA$52.26 Million --
2017-12-31 70.44% CA$3.18 Million CA$4.52 Million --
pp = percentage points