Rio2 (RIOFF) Looks Mispriced: Buy Ahead of a Producer Re-rate
RIOFF is trading below its recent moving averages and appears to be priced as a capital-hungry developer despite milestones that could justify a producer multiple. We outline a long trade with an entry at $1.70, a stop at $1.40 and a $2.60 target over a 46-180 trading day horizon, backed by balance-sheet signals, a recent C$23M financing and elevat…