RIOFF Stock | | | USD 0.48 0.00 0.00% |
President
Mr. Jose Luis Martinez is Executive Vice President Corporationrationrate Development and Strategy of the Company. He has extensive Global Banking experience over 23 years in the Canadian financial services sector. Jose Luis is an accomplished Investment Banking professional with extensive Global Banking experience in the Canadian Financial Services sector who is now deploying his capital markets expertise and regional knowledge to make Prospector Resources Corporationration a success story. From 2006 to 2016, Jose Luis led business development and relationship management for TD Securities Investment Banking in Latin America, where he had a focus in the Mining sector. Transactions originated included Mergers Acquisitions Advisory Assignments, Equity Underwriting, and Debt Financing for a wide variety of clients in Canada and Latin America. Prior to this, Jose Luis spent over 12 years covering the Latin American market originating and executing on a wide array of financing transactions for large corporations. He also served as Head of TD Securities South America Regional Representative Office in Chile. Jose Luis has strong relationships with executives of large public and private companies, as well as controlling shareholders of leading private conglomerates across Latin America. Jose Luis holds an MBA from University of Toronto in Canada and a Bachelor of Business Administration from Universidad de Lima in Peru. since 2017.
Tenure | 7 years |
Professional Marks | MBA |
Phone | 604 260 2696 |
Web | https://www.rio2.com |
Rio2 Management Efficiency
The company has return on total asset
(ROA) of
(0.0977) % which means that it has lost $0.0977 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.0792) %, meaning that it generated substantial loss on money invested by shareholders. Rio2's management efficiency ratios could be used to measure how well Rio2 manages its routine affairs as well as how well it operates its assets and liabilities.
Rio2 Limited has accumulated 857.2
K in total debt with debt to equity ratio
(D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Rio2 Limited has a current ratio of 4.36, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Rio2 until it has trouble settling it off, either with new capital or with free cash flow. So, Rio2's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Rio2 Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Rio2 to invest in growth at high rates of return. When we think about Rio2's use of debt, we should always consider it together with cash and equity.
Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, and Chile. The company was incorporated in 1990 and is headquartered in Vancouver, Canada. Rio2 operates under Gold classification in the United States and is traded on OTC Exchange. Rio2 Limited [RIOFF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.
Management Performance
Rio2 Limited Leadership Team
Elected by the shareholders, the Rio2's board of directors comprises two types of representatives: Rio2 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rio2. The board's role is to monitor Rio2's management team and ensure that shareholders' interests are well served. Rio2's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Rio2's outside directors are responsible for providing unbiased perspectives on the board's policies.
Rio2 Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Rio2 a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Currently Active Assets on Macroaxis
Other Information on Investing in Rio2 OTC Stock
Rio2 financial ratios help investors to determine whether Rio2 OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rio2 with respect to the benefits of owning Rio2 security.