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Rio2 Ltd(RIO-X)
TSX Venture

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Rio2: Stocks Overvalued by Analyst Consensus on TSX-V (RIO)

AI-generated - The Globe and Mail - Sat Apr 13, 9:48AM CDT

Rio2 Ltd is among the group of overvalued stocks on the TSX Venture Exchange. This means the consensus value for each stock on this list is below its current price.

This report is generated monthly. It provides the close price and target price for these companies along with the number of analysts covering the stock. Also included is the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year. Stocks in this category are generally sold to preserve capital.

There may be a number of reasons why a company would be on this list. Companies with a large analyst following with a difference in price versus target are worth exploring in more detail.

SymbolNameTarget YearClose PriceTarget Price MeanCurrencyTarget Price # Estimates
APMAndean Precious Metals Corp20240.970.8CAD1
RIORio2 Ltd20240.450.4CAD1

All data provided as of April 12, 2024.

More about Rio2 Ltd

Rio2 Ltd is a mining company with a focus on development and mining operations. It focuses on taking its Fenix Gold Project in Chile to production in the shortest possible timeframe based on a staged development strategy. In addition to the Fenix Gold Project in development in Chile.

Rio2 Ltd is listed under RIO on the TSX Venture Exchange.

Artificial intelligence at Report on Business

Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.

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