RIO - Rio Tinto plc
| Previous Close | 51.48 |
| Open | 52.20 |
| Bid | 52.43 x 1400 |
| Ask | 52.44 x 800 |
| Day's Range | 52.18 - 52.65 |
| 52 Week Range | 45.62 - 60.72 |
| Volume | 1,752,120 |
| Avg. Volume | 3,128,687 |
| Market Cap | 87.6B |
| Beta | 1.00 |
| PE Ratio (TTM) | 9.42 |
| EPS (TTM) | 5.55 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.54 (5.38%) |
| Ex-Dividend Date | 2018-08-09 |
| 1y Target Est | 61.93 |
- Simply Wall St.•2 days ago
Rio Tinto Limited (ASX:RIO): Commentary On Fundamentals
I’ve been keeping an eye on Rio Tinto Limited (ASX:RIO) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believeRead More...
- Motley Fool•2 days ago
3 Incredibly Cheap High-Yield Dividend Stocks to Buy Now
It's always a good idea to buy quality dividend stocks. It's an even better idea to buy them when they are cheap.
Reuters•5 days agoRio Tinto announces new $3.2 billion share buyback, stock rises
The news helped to drive Rio Tinto's London share price nearly 2 percent higher by 0927 GMT and pushed up the Australian listing by 3.5 percent. Across the mining sector, a trend to hand money back to shareholders has gathered steam following a recovery from the mining and commodity crash of 2015-16 and pressure from investors not to waste growing piles of cash on buying up assets that may never deliver returns. In its latest move, Rio Tinto, which has already returned more money to shareholders than its peers, said it will conduct an off-market share buyback for up to 41.2 million shares in its Australian entity Rio Tinto Ltd, worth about $1.9 billion, and further on-market purchases of London's Rio Tinto plc shares, bringing the total to $3.2 billion.
- The Wall Street Journal•6 days ago
[$$] Rio Tinto Plans Buybacks to Return Cash to Shareholders
MELBOURNE, Australia—Rio Tinto (RIO) unveiled plans to buy back a swath of its Australia-listed shares before the end of the year as part of its move to return about $3.2 billion in proceeds from the sale of coal assets to its shareholders. It comes on top of an ongoing program to buy back London-listed Rio Tinto PLC shares, where the company said it has A$1.7 billion still to repurchase by no later than Feb. 27. The cash comes from the sale of the company’s Hail Creek and Valeria coal operations, and Winchester South and Kestrel mines.
- CNBC•6 days ago
European markets open higher, brushing off trade dispute
European markets opened higher on Wednesday with investors appearing to brush off escalating trade tensions between the U.S. and China. The Stoxx 600 index opened 0.17 percent higher with most sectors in positive territory. European markets are trading on Wednesday morning with investors appearing to brush off escalating trade tensions between the U.S. and China.
- The Wall Street Journal•11 days ago
[$$] Norway's Norsk Hydro Pulls $345M Acquisition of Rio Tinto Assets
Norwegian aluminum producer Norsk Hydro said it has pulled its planned $345 million acquisition of Rio Tinto’s Icelandic aluminum plant
Market Realist•12 days agoCopper Miners: Tough to Love, Even Tougher to Hate
Freeport-McMoRan (FCX), the leading US-based copper miner (DIA), is having a tough year. The stock has lost 27.7% YTD (year-to-date) based on the closing prices on September 12. Other copper miners are also feeling the heat. Copper is caught in the US-China trade war. Copper prices are hovering near $6,000 per metric ton. In June, copper rose past $7,200 per metric ton to a four-year high.
- Market Realist•12 days ago
Why It’s Tough to Hate Alcoa at These Prices
In the previous article, we looked at some of Alcoa’s (AA) bearish drivers. As Alcoa is long on alumina, the company benefits from higher alumina prices. Earlier this year, the sanctions lifted alumina prices to an all-time high, while aluminum also rallied to seven-year highs.
Market Realist•12 days agoWhat’s Holding Back Alcoa Stock This Year?
Alcoa (AA), the leading US-based aluminum producer, is having a terrible year. Century Aluminum (CENX) has lost almost 40%, while Rio Tinto (RIO) has fallen 5.5%. Aluminum has seen a selling spree after prices hit multiyear highs in April after President Trump imposed sanctions on Russian aluminum producer RUSAL.
- Motley Fool•15 days ago
Rio Tinto Stock Upgraded: What You Need to Know
Profits are rising, and could rise even more, but the stock hasn't responded as expected.
Market Realist•15 days agoAre Miners Looking Cheap? J.P. Morgan Thinks So, Upgrades Rio Tinto
Today, J.P. Morgan (JPM) upgraded Rio Tinto (RIO), believing that demand from China (FXI) should pick up over the coming months. It also believes that miners’ valuations are cheap compared to the same stages of previous cycles.
- Simply Wall St.•16 days ago
All You Need To Know About Rio Tinto plc’s (LON:RIO) Financial Health
Investors looking for stocks with high market liquidity and little debt on the balance sheet should consider Rio Tinto plc (LON:RIO). With a market valuation of UK£60.15b, RIO is aRead More...
Market Realist•18 days agoWhy Do Analysts Love Vale SA?
The number of analysts recommending a “buy” for Vale (VALE) has increased in the last few months. Currently, 73.0% of the analysts covering Vale stock recommend a “buy,” compared with 56.0% at the end of April. Approximately 23.0% of analysts recommend a “hold,” and 4.0% recommend a “sell.” Vale’s target price implies a 17.0% upside based on its current market price.
- Market Realist•18 days ago
Factors that Analysts Expect to Drive Rio Tinto’s Earnings Growth
On August 31, Rio Tinto (RIO)(TRQ) stock had returned -9.3% year-to-date. Similar to BHP Billiton (BHP) stock, it fell 2.6% in the first quarter. As commodity prices firmed up, the miners’ stocks picked up in April.
Market Realist•18 days agoRio Tinto Stock: Are Analysts Turning Away?
Of the 14 analysts covering Rio Tinto (RIO) stock, 57.0% recommend a “buy,” 29.0% recommend a “hold,” and 14.0% recommend a “sell.” One year ago, 80.0% of analysts recommended a “buy.”
- Zacks•19 days ago
BHP Billiton Buys Stake in SolGold, Ups Copper Exposure
BHP Billiton (BHP), in a bid to capitalize on surging demand for copper, buys share in the promising Cascabel porphyry copper-gold project in Ecuador.
- Market Realist•21 days ago
Inside Copper Miners’ 2018 Operating Plans
Rio Tinto (RIO) and Antofagasta (ANTO) kept their 2018 copper production guidances unchanged during their respective second-quarter production report releases. Rio Tinto has assumed its copper share in Grasberg to be zero in 2018. Anglo American (AAL-L) has also maintained its 2018 copper production guidance of 630,000–660,000 metric tons.
Market Realist•21 days agoHow Freeport’s Q2 2018 Shipments Compared to Its Peers’
In this article, we’ll look at leading copper miners’ second-quarter production data. By looking at top copper miners’ production profiles, we can gain crucial insight into the global copper supply.
Market Realist•21 days agoHow Copper Miners Stacked Up in the First Half
The second-quarter earnings season is over, and most copper miners, including Southern Copper (SCCO), Freeport-McMoRan (FCX), and First Quantum Minerals (FM), have released their quarterly financial performance results.
- Simply Wall St.•26 days ago
Should You Buy Rio Tinto Limited (ASX:RIO) For Its Dividend?
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Historically, Rio Tinto Limited (ASX:RIO) has paidRead More...
Market Realist•26 days agoHow Long Can China’s Steel Prices Keep Supporting the Sector?
Has Trade War Affected China’s Steel and Iron Ore Demand? Stronger steel demand is the key driving factor behind the rising output. While steel margins are still strong due to robust demand, concerns over the Chinese growth outlook were weighing on steel prices.
Market Realist•26 days agoChina Steel Production Hits New High
Has Trade War Affected China’s Steel and Iron Ore Demand? In the previous article, we discussed that Chinese iron ore imports remained stronger despite the trade war fears in July. The stronger imports are primarily due to the robust steel production in the country.
Market Realist•26 days agoAlcoa Stock: Can the Uptrend Continue?
Alcoa (AA) has seen upward price action in August. The stock has risen 4.3% in August, while it’s still down 16.2% YTD (year-to-date). Century Aluminum (CENX) and Rio Tinto (RIO) have fallen 33.8% and 1.8%, respectively, YTD. So far, the SPDR Dow Jones Industrial Average ETF (DIA) has risen 7.0% in 2018 based on the closing prices on August 29.
- Zacks•27 days ago
Moving Average Crossover Alert: Rio Tinto (RIO)
Rio Tinto plc (RIO) could be a stock to avoid from a technical perspective
