23:33:36 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Rio Alto Mining Ltd
Symbol RIO
Shares Issued 331,394,100
Close 2014-11-20 C$ 2.85
Market Cap C$ 944,473,185
Recent Sedar Documents

Int'l Speculator downgrades Rio Alto to hold

2014-11-20 22:07 ET - In the News

The International Speculator, in its Nov. 7, 2014, issue, downgrades Rio Alto Mining Ltd. (recently $2.26) to a hold from a buy. The newsletter said buy on Aug. 6, 2014, also at $2.26. Assuming an investment of $1,000, the position is worth $990. The writer says Rio Alto is largely unchanged and holding up better than most in the current gold downturn. He believes the company's high-margin gold production at the La Arena mine in Peru, plus its growth potential, set it apart from many other aspiring juniors. Rio Alto recently acquired the nearby Shahuindo project from Sulliden Gold.

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