Rio Tinto Group (RIO.L)
| Previous Close | 5,347.00 |
| Open | 5,434.00 |
| Bid | 5,450.00 x 0 |
| Ask | 5,456.00 x 0 |
| Day's Range | 5,403.00 - 5,516.00 |
| 52 Week Range | 4,354.00 - 6,876.26 |
| Volume | |
| Avg. Volume | 3,810,462 |
| Market Cap | 88.301B |
| Beta (5Y Monthly) | 0.59 |
| PE Ratio (TTM) | 5.24 |
| EPS (TTM) | 1,039.40 |
| Earnings Date | Jul 27, 2022 |
| Forward Dividend & Yield | 5.78 (10.60%) |
| Ex-Dividend Date | Mar 10, 2022 |
| 1y Target Est | 62.77 |
- Reuters
UPDATE 1-Turquoise Hill to receive debt funding from Rio Tinto as it evaluates $2.7 bln offer
Canada's Turquoise Hill Resources Ltd said on Wednesday Rio Tinto will provide it interim debt funding of up to $400 million while it evaluates the Anglo-Australian miner's $2.7 billion bid for the company. Rio Tinto in March had proposed to buy out the 49% of Turquoise Hill (TRQ) it does not already own for about $2.7 billion in cash, paving the way for direct ownership of the massive Oyu Tolgoi copper-gold mining project in Mongolia. However, the offer has seen opposition from major Turquoise Hill shareholders, including activist investor Pentwater Capital Management, who said the offer was too low.
- Reuters
Turquoise Hill to receive debt funding from Rio Tinto as it evaluates $2.7 bln offer
Canada's Turquoise Hill Resources Ltd said on Wednesday Rio Tinto will provide it interim debt funding of up to $400 million while it evaluates the Anglo-Australian miner's $2.7 billion bid for the company. Rio Tinto in March had proposed to buy out the 49% of Turquoise Hill it does not already own for about $2.7 billion in cash, paving the way for direct ownership of the massive Oyu Tolgoi copper-gold mining project in Mongolia. However, the offer has seen opposition from major Turquoise Hill shareholders, including activist investor Pentwater Capital Management, who said the offer was too low.
- Business Wire
Rio Tinto agrees revisions to funding arrangements with Turquoise Hill Resources
LONDON, May 18, 2022--Rio Tinto has agreed to amend the previously agreed funding plan with Turquoise Hill Resources (TRQ) (9 April, 2021) in order to provide liquidity of up to $400 million in short-term early advances, while the Special Committee of TRQ evaluates Rio Tinto’s C$34 per share all-cash proposal to acquire the approximately 49% of the issued and outstanding shares of TRQ that Rio Tinto does not currently own.
