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Rio2 (RIOFF) 6-Month Price Index

: 2.11 (As of Today)
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6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-04-19), Rio2's 6-Month Price Index is 2.11.

Competitive Comparison

For the Gold subindustry, Rio2's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Rio2  (OTCPK:RIOFF) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rio2  (OTCPK:RIOFF) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Rio2 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Rio2's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Rio2 (RIOFF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rio2 Ltd (OTCPK:RIOFF) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:BYN TSX:STLR TSXV:LIO TSXV:LME TSXV:PALI TSXV:FDR TSX:ELO TSXV:GPAC TSXV:FISH TSXV:AU SHSE:601899 NEM TSX:AEM TSX:ABX TSX:FNV TSX:WPM SHSE:600547 JSE:GFI MIC:PLZL ASX:NST
Traded in Other Exchanges
1SB:Germany RIO:Canada
Address
355 Burrard Street, Suite 1000, The Marine Building, Vancouver, BC, CAN, V6C 2G8
Website
https://www.rio2.com
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. The Company has four operating segments in four geographic areas which is the corporate office in Canada, the financing of the Fenix Gold Project in the Bahamas the support of the Fenix Gold Project in Peru, and the development of the Fenix Gold Project in Chile.

Rio2 (RIOFF) Headlines

From GuruFocus

Rio2 Secures Environmental Approval for Fenix Gold Project

By GlobeNewswire • 12-20-2023

Rio2 Prices C$25 Million Marketed Public Offering and US$5 Million Non-Brokered Private Placement

By GlobeNewswire GlobeNewswire • 07-22-2021

Rio2 Limited Gets Approval for Issuing Shares in Lieu of Salaries

By GlobeNewswire GlobeNewswire • 03-27-2023

Rio2 Limited Issues Shares In Lieu of Salaries

By GlobeNewswire • 10-06-2023