Toronto Stock Exchange · Basic Materials
Invest in Rio2 stock from India
Indian and foreign residents can buy Rio2 (RIO) shares directly through Paasa.
By Paasa · Updated
Rio2 at a glance
- Price
- CA$3.33-CA$0.28 (7.76%)
- Market cap
- CA$1.43B
- Day range
- CA$3.27 – CA$3.43
- P/E
- 23.54
- Dividend yield
- None
- Volume
- 2.20M
- 1 month
- -3.48%
- 6 months
- +30.59%
- YTD
- -2.06%
- 1 year
- +65.67%
- 5 years
- +494.64%
Rio2 statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $0.0 | $0.0 | $0.0 | $0.0 | $0.0 |
| Gross profit | −$669.5K | −$439.8K | −$2.3M | −$2.9M | −$568.2K |
| Operating income | −$14.2M | −$8.5M | −$8.0M | −$13.5M | −$11.9M |
| Net income | −$13.9M | −$21.0K | −$12.3M | −$2.3M | −$10.5M |
| Earnings per share | −$0.03 | −$0.00 | −$0.06 | −$0.01 | −$0.05 |
| EBITDA | −$13.6M | $2.8M | −$7.2M | $2.4M | −$10.2M |
| Total assets | $468.0M | $173.8M | $108.4M | $115.1M | $95.7M |
| Total debt | $152.7K | $289.0K | $465.3K | $719.9K | $481.3K |
| Cash and short-term investments | $46.7M | $45.0M | $4.6M | $4.7M | $21.4M |
| Shareholders' equity | $122.9M | $125.1M | $73.2M | $81.8M | $88.4M |
| Operating cash flow | $89.3M | −$12.0M | $2.0M | −$3.9M | −$9.3M |
| Free cash flow | −$2.5M | −$16.5M | $44.0K | −$35.5M | −$15.2M |
| Capital expenditure | −$91.8M | −$4.5M | −$1.9M | −$31.6M | −$5.9M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| G2 Goldfields | GTWO.TO | CA$9.68 | CA$2.50B |
| Orezone Gold | ORE.TO | CA$3.08 | CA$2.05B |
| i-80 Gold | IAU.TO | CA$2.34 | CA$2.02B |
| Robex Resources | RBX.V | CA$7.20 | CA$1.99B |
| AbraSilver Resource | ABRA.TO | CA$11.79 | CA$1.90B |
| Major Drilling Group International | MDI.TO | CA$16.92 | CA$1.39B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Rio2 from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.
Step 3
Search RIO and buy
Find Rio2 by name or by its ticker, RIO, and place your order.
Why invest in Rio2 from India
What Rio2 does
Established in 1990 and based in Vancouver, Canada, Rio2 Limited is a mineral company dedicated to exploring, developing, and extracting mineral resources. The company maintains operations across Canada, Peru, and Chile, with its primary asset being the Fenix Gold Project, a substantial 16,050-hectare site located in Chile. Rio2 operates in the Gold industry within the Basic Materials sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Rio2 stock from India?
Yes. Indian residents and NRIs can buy Rio2 (RIO) shares directly through Paasa. Rio2 is listed on the Toronto Stock Exchange, in the Gold industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell Rio2 shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.