RIO - Rio Tinto plc

NYSE - Nasdaq Real Time Price. Currency in USD
54.39
+0.75 (+1.40%)
As of 1:00PM EDT. Market open.
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Previous Close53.64
Open54.03
Bid54.43 x 1800
Ask54.44 x 800
Day's Range53.88 - 54.52
52 Week Range43.12 - 60.72
Volume1,369,658
Avg. Volume2,790,595
Market Cap93.833B
Beta1.03
PE Ratio (TTM)11.17
EPS (TTM)4.87
Earnings DateN/A
Forward Dividend & Yield2.20 (3.93%)
Ex-Dividend Date2017-08-09
1y Target Est63.07
Trade prices are not sourced from all markets
  • The Wall Street Journal14 hours ago

    [$$] Rio Tinto Ships More Iron Ore

    PLC (RIO.LN) recorded a sharp rise in half-year iron ore exports by ramping up one mine and working others harder, and said it expects shipments to hit the high end of its target range for 2018. The Anglo-Australian mining company, one of the world’s top iron-ore sellers, said it shipped 168.8 million metric tons of the steelmaking commodity from its Australian mines in the first half of 2018, up 9% on a year ago. It also expects annual shipments to be around the upper end of an existing target of 330 million-340 million tons.

  • The Wall Street Journal16 hours ago

    [$$] Miners Test Greener Ways to Dig

    Miners are considering new ways to make the dirt they dig up green. Across the U.S. border in Quebec, a research facility will fine-tune a technology that its owners—Alcoa Corp. and Rio Tinto PLC—believe could turn aluminum smelters carbon-free for the first time. Another initiative under way in Sweden could see hydrogen replace coking coal in manufacturing steel.

  • Freeport (FCX) Declares Terms of PT-FI Divestment & New Deal
    Zacksyesterday

    Freeport (FCX) Declares Terms of PT-FI Divestment & New Deal

    Freeport's (FCX) latest move highlights a significant milestone toward establishing a new partnership with Republic of Indonesia for long-term stability of PT Freeport Indonesia's operations.

  • What Freeport, Rio Tinto, and Indonesia Get from Grasberg Deal
    Market Realist4 days ago

    What Freeport, Rio Tinto, and Indonesia Get from Grasberg Deal

    Is Freeport’s Grasberg Transaction a Win-Win? As noted previously, Freeport-McMoRan (FCX) announced its stake sale in PT Freeport Indonesia (or PT-FI). The Indonesian government (EIDO) achieved two objectives from the transaction.

  • The Wall Street Journal5 days ago

    [$$] Indonesia Moves Closer to Taking Controlling Stake in Freeport Mine

    PLC have agreed to hand over control of the world’s second-biggest copper mine to Indonesia, moving closer to resolving one of the world’s most prominent recent battles over resource wealth. Thursday’s agreement comes after years of tense negotiations and follows moves by governments around the world, from the Democratic Republic of Congo to Tanzania, to wrest control of mines and take a bigger cut of profits. The deal also illustrates the dilemma facing large mining companies, which often sink billions of dollars into projects in far-flung places only to face unpredictable laws and yearslong battles.

  • The Markets Aren’t Excited about Freeport’s Grasberg Resolution
    Market Realist5 days ago

    The Markets Aren’t Excited about Freeport’s Grasberg Resolution

    On July 12, Freeport-McMoRan (FCX) announced that “it has entered into a Heads of Agreement with the Indonesian state-owned enterprise PT Indonesia Asahan Aluminium (Inalum) and PT Freeport Indonesia’s (or PT-FI) joint venture partner Rio Tinto.” Under the terms of the agreement, while Rio Tinto (RIO) will sell the entire stake in PT-FI, Freeport will divest a minority stake.

  • The Wall Street Journal5 days ago

    [$$] Rio Tinto Confident Trade Jolts Won't Rub Shine Off Rare Diamonds

    PLC (RIO.LN) expects the high-end colored diamonds its sells from an Australian mine to sidestep the volatility facing broader commodity markets as a trade battle intensifies. said he expects strong demand and better prices versus last year for stones being sold in Rio Tinto’s annual Argyle pink diamonds tender, interest for which is typically greatest in the U.S. but within a niche, “connoisseur” market. “Are we concerned about the market at this point in time, either in the U.S. or in other parts of the world, the answer is no,” Mr. Jacques said in an interview on Thursday.

  • Analysts Embrace First Quantum despite Falling Copper Prices
    Market Realist7 days ago

    Analysts Embrace First Quantum despite Falling Copper Prices

    First Quantum Minerals (FM) has received “strong buy” ratings from seven analysts, while six have rated the stock as a “buy.” The remaining 11 analysts polled by Thomson Reuters on July 5 rated the stock as a “hold” or some equivalent. First Quantum has received a mean consensus price target of 24.16 Canadian dollars, representing a potential upside of 30.0% over its July 5 closing price. In terms of recent action, on June 29, Scotiabank upgraded First Quantum to “focus list.” Prior to that, on June 14, TD Securities upgraded the stock from a “buy” to an “action list” and raised its target price from 25 to 30 Canadian dollars.

  • ACCESSWIRE11 days ago

    Today's Free Research Reports Coverage on Rio Tinto and Three More Metals & Minerals Stocks

    This Friday, WallStEquities.com has initiated reports coverage on the following Industrial Metals & Minerals equities: Adient PLC (NYSE: ADNT), Pretium Resources Inc. (NYSE: PVG), Rio Tinto PLC (NYSE: RIO), and SRC Energy Inc. (NYSE AMER: SRCI). All you have to do is sign up today for this free limited time offer by clicking the link below.

  • The Wall Street Journal13 days ago

    [$$] China Releases Ex-Rio Tinto Executive From Jail

    , who was jailed in China for bribery, was freed from prison on Wednesday. Mr. Hu, the Australian who previously spearheaded sales for Rio Tinto in China, was in 2010 found guilty of charges he accepted around $935,000 in bribes from steelmakers and stole commercial secrets that undermined China’s steel industry. China’s Foreign Ministry confirmed Mr. Hu was released in a daily briefing.

  • China releases Australian mining exec Stern Hu from prison
    The Canadian Press13 days ago

    China releases Australian mining exec Stern Hu from prison

    An Australian citizen and former executive of the mining giant Rio Tinto was released from prison in Shanghai on Wednesday after serving a sentence on corruption charges, the Chinese foreign ministry said. Stern Hu had been given a 10-year sentence after being convicted of accepting bribes and stealing trade secrets in 2010. The case strained ties between Australia and its largest trading partner, China, whose legal system is often criticized for a lack of transparency and due process.

  • China releases Australian mining exec Stern Hu from prison
    The Canadian Press13 days ago

    China releases Australian mining exec Stern Hu from prison

    An Australian citizen and former executive of the mining giant Rio Tinto was released from prison in Shanghai on Wednesday after serving a sentence on corruption charges, the Chinese foreign ministry said. Stern Hu had been given a 10-year sentence after being convicted of accepting bribes and stealing trade secrets in 2010. The case strained ties between Australia and its largest trading partner, China, whose legal system is often criticized for a lack of transparency and due process.

  • Reuters15 days ago

    Rio Tinto ready to splash out on copper

    Rio Tinto wants copper, and it's ready to pay top-dollar. The global miner would be willing to fork out a large premium over market value to secure a prime asset as it tries to reduce its reliance on iron ore, company and banking sources told Reuters. If it can't land a big copper project, it is weighing the cumulative power of a series of more modest acquisitions to increase its exposure to a metal expected to be in high demand from the electric vehicle and renewable energy industries, the sources said.

  • Rio Tinto ready to splash out on copper
    Reuters18 days ago

    Rio Tinto ready to splash out on copper

    Rio Tinto wants copper, and it's ready to pay top-dollar. The global miner would be willing to fork out a large premium over market value to secure a prime asset as it tries to reduce its reliance on iron ore, company and banking sources told Reuters. If it can't land a big copper project, it is weighing the cumulative power of a series of more modest acquisitions to increase its exposure to a metal expected to be in high demand from the electric vehicle and renewable energy industries, the sources said.

  • Grasberg Mine: Freeport-McMoRan’s Outlook Is Murky
    Market Realist21 days ago

    Grasberg Mine: Freeport-McMoRan’s Outlook Is Murky

    Freeport-McMoRan (FCX) is negotiating its long-term mining rights in Indonesia (EIDO). Rio Tinto (RIO) (TRQ), Freeport’s junior partner at the Grasberg mine in Indonesia, is discussing a separate stake sale with the Indonesian government.

  • Freeport-McMoRan: What to Expect in 2018
    Market Realist22 days ago

    Freeport-McMoRan: What to Expect in 2018

    So far, 2018 has been dismal for Freeport-McMoRan (FCX)—the leading US-based copper miner. Based on the closing prices on June 22, the stock has lost 13.0%. Southern Copper (SCCO) has lost 0.32%, while Teck Resources (TECK) has seen price action of -0.22%. BHP Billiton (BHP) and Rio Tinto (RIO) have fared better and are trading positive for the year.

  • What is Behind Rio Tinto plc’s (LON:RIO) Superior ROE?
    Simply Wall St.23 days ago

    What is Behind Rio Tinto plc’s (LON:RIO) Superior ROE?

    This analysis is intended to introduce important early concepts to people who are starting to invest and want to begin learning the link between Rio Tinto plc (LON:RIO)’s return fundamentalsRead More...

  • What Do Analysts Think About Rio Tinto Limited’s (ASX:RIO) Earnings Outlook?
    Simply Wall St.26 days ago

    What Do Analysts Think About Rio Tinto Limited’s (ASX:RIO) Earnings Outlook?

    The latest earnings announcement Rio Tinto Limited (ASX:RIO) released in December 2017 confirmed that the business benefited from a sizeable tailwind, eventuating to a high double-digit earnings growth of 89.78%.Read More...

  • Maersk poaches new finance chief from Assa Abloy
    Reuters27 days ago

    Maersk poaches new finance chief from Assa Abloy

    Denmark's A.P. Moller-Maersk has chosen Carolina Dybeck Happe as its new Chief Finance Officer, it said on Wednesday. Happe will take the position at a time where Maersk is undergoing a strategic transformation ...

  • Barrons.comlast month

    [$$] Starboard Wants to Revitalize Web.com

    Source: InsiderScore.com On June 12, Sailingstone Capital Partners issued an open letter to the Turquoise Hill board, outlining approaches Turquoise Hill could take to boost its performance. Specifically, Sailingstone said it believes Turquoise Hill should “recalibrate” and become a truly independent company, and not rely on the guidance of the miner Rio Tinto (RIO), which holds a majority stake in the firm. Lastly, Turquoise Hill should reshape executive compensation, removing all Rio Tinto stock and operating performance metrics.

  • Analysts’ Expectations for Rio Tinto’s Earnings
    Market Realistlast month

    Analysts’ Expectations for Rio Tinto’s Earnings

    Rio Tinto (RIO) (TRQ) stock had returned 12.7% year-to-date as of June 7. Similar to BHP Billiton (BHP) stock, it fell 2.6% in the first quarter this year. As commodity prices firmed, the miners’ stocks picked up in April. The company has reignited its efforts to reduce costs and increase productivity. These efforts, along with balance sheet improvement and buoyant commodity prices, have significantly improved RIO’s prospects. Let’s look at the company’s revenue and earnings estimates.

  • Why Analysts Are Becoming Bearish toward Rio Tinto
    Market Realistlast month

    Why Analysts Are Becoming Bearish toward Rio Tinto

    Which Stocks Are Analysts Favoring amid High Volatility? Of the 13 analysts covering Rio Tinto (RIO) stock, 61% recommend “buy,” 31% recommend “hold,” and 8% recommend “sell.” One year back, 80% of analysts recommended “buy.” In comparison, of the analysts covering BHP Billiton (BHP) and Vale (VALE), 53% and 56% recommend “buy,” respectively. Cleveland-Cliffs (CLF), which is mainly exposed to the US domestic market, has “buy” recommendations from 54% of analysts covering the stock.

  • Reuterslast month

    Rio Tinto hires CFO from Danish shipper Maersk

    (Reuters) - Major miner Rio Tinto named Jacob Stausholm, formerly CFO of Danish shipping company A.P. Moller-Maersk, to replace outgoing financial boss Chris Lynch when he retires in September, the Anglo-Australian mining company said on Tuesday.

  • Rio Tinto hires CFO from Danish shipper Maersk
    Reuterslast month

    Rio Tinto hires CFO from Danish shipper Maersk

    Stausholm stepped down as CFO at Moller-Maersk in March after the company decided to separate the finance role from its IT and digital transformation function. From 2008 to 2011 Stausholm, 49, was CFO of facility services provider ISS A/S (Copenhagen:ISS.CO - News).

  • Why Barclays Prefers BHP Billiton over Rio Tinto
    Market Realistlast month

    Why Barclays Prefers BHP Billiton over Rio Tinto

    Of the 17 analysts covering BHP Billiton (BHP), 53% recommend “buy,” 41% recommend “hold,” and 6% recommend “sell.” Their consensus target price for BHP is $33.20, which implies a 1% downside based on its current market price. Unlike BHP, peers (XME) Vale (VALE), Cleveland-Cliffs (CLF), and Freeport-McMoran (FCX) have an upside potential based on their target prices.