RIO - Rio Tinto plc

NYSE - NYSE Delayed Price. Currency in USD
49.85
+0.32 (+0.65%)
At close: 4:04PM EDT

49.85 0.00 (0.00%)
After hours: 4:34PM EDT

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Previous Close49.53
Open50.16
Bid48.00 x 4000
Ask50.29 x 800
Day's Range49.62 - 50.18
52 Week Range45.62 - 60.72
Volume2,205,410
Avg. Volume2,823,892
Market Cap83.533B
Beta (3Y Monthly)0.89
PE Ratio (TTM)8.98
EPS (TTM)5.55
Earnings DateN/A
Forward Dividend & Yield2.54 (5.15%)
Ex-Dividend Date2018-08-09
1y Target Est61.93
Trade prices are not sourced from all markets
  • Freeport CEO May Be Ready to Sell, But Does Anyone Want to Buy?
    Bloomberg4 hours ago

    Freeport CEO May Be Ready to Sell, But Does Anyone Want to Buy?

    With its biggest stock overhang -- a deal around its flagship asset in Indonesia -- close to being solved, the miner has said all options are open, even potentially a sale of the entire company. Major miners, including Rio Tinto Group, have said they’re keen to boost production of copper, the industrial metal that’s benefiting from demand for new energy systems and rechargeable batteries. “I’m not sure there is a buyer for large-scale assets at premium in the market now,” Christopher LaFemina, an analyst at Jefferies LLC, said in a phone interview from New York.

  • Has Freeport-McMoran Stock Finally Bottomed Out?
    Market Realist9 hours ago

    Has Freeport-McMoran Stock Finally Bottomed Out?

    Freeport-McMoRan (FCX) is having a rough year, losing 32.2% of its market capitalization based on its October 12 closing price. Among the other copper miners, Rio Tinto (RIO) and Southern Copper (SCCO) have lost 1.5% and 10.9%, respectively, this year.

  • Alcoa: Key Updates Markets Might Watch
    Market Realist10 hours ago

    Alcoa: Key Updates Markets Might Watch

    In the previous part, we discussed analysts’ projections for Alcoa’s (AA) third-quarter earnings. In this part, we’ll look at the key updates that markets might watch in Alcoa’s third-quarter earnings call.

  • Can Alcoa’s Q3 Earnings Improve Its Dismal Stock Performance?
    Market Realist12 hours ago

    Can Alcoa’s Q3 Earnings Improve Its Dismal Stock Performance?

    Alcoa (AA), the leading US-based aluminum producer (XME), is scheduled to release its third-quarter earnings on October 17 after the markets close. Century Aluminum (CENX) is scheduled to release its third-quarter earnings on October 25. Alcoa’s dismal 2018 price action isn’t hard to comprehend.

  • Alcoa: What Can Investors Expect?
    Market Realist4 days ago

    Alcoa: What Can Investors Expect?

    Alcoa: Should You Be Bottom Fishing? In the previous part, we discussed Alcoa’s bearish drivers. Despite the equity market sell-off, aluminum prices (RIO) have held onto the $2,000 per metric ton level.

  • Alcoa: Should You Be Bottom Fishing?
    Market Realist5 days ago

    Alcoa: Should You Be Bottom Fishing?

    Alcoa (AA), the leading US-based aluminum producer (DIA), is having a terrible year. The company has lost 33.8% year-to-date. The sell-off has intensified in October. The stock has lost 11.7% of its market capitalization this month based on the closing prices on October 11. Century Aluminum (CENX) and Norsk Hydro (NHYDY) have also been on a losing spree this year. Rio Tinto (RIO) has done better since iron ore prices have been surprisingly strong.

  • Reuters7 days ago

    Rio Tinto to restart sale of Icelandic aluminium plant - sources

    Rio Tinto is close to restarting a sale process for some of its aluminium assets, including a plant in Iceland, which have been valued at around $350 million, two sources familiar with the matter said. The assets include a 53 percent stake in a Dutch anode facility and 50 percent of the shares in a Swedish aluminium fluoride plant, which are ingredients in aluminium production, the sources added. French investment bank Natixis has been helping Rio with the sale, one of the sources said.

  • Copper Might Not Have a Joyride in the Next Decade
    Market Realist8 days ago

    Copper Might Not Have a Joyride in the Next Decade

    First, while China’s steel demand has likely peaked, the country’s copper demand could continue to rise. Copper’s supply dynamics are also different from some of the other metals like steel and aluminum that face structural and chronic overcapacity, especially in China. Most observers expect copper markets to enter into a structural supply deficit in the next decade as existing mines fail to churn out enough metal to meet the demand.

  • Buybacks Are the Flavor of the Season amid Trade War Scare
    Market Realist9 days ago

    Buybacks Are the Flavor of the Season amid Trade War Scare

    After the 2015 commodity crash, mining companies like Glencore (GLNCY) and Freeport-McMoRan (FCX) had to suspend their dividend programs. While miners have restored their dividends, they have chosen a flexible dividend policy. Glencore announced its dividend policy.

  • Scars from the 2015 Meltdown Are Still Fresh for Miners
    Market Realist9 days ago

    Scars from the 2015 Meltdown Are Still Fresh for Miners

    When the cycle turns for the worse and commodity prices fall, mining companies’ free cash flows also fall. There isn’t much that mining companies can do when commodity prices fall. After the 2008–2009 economic crisis, we saw a sharp rally in metal prices. Copper prices briefly topped the $10,000 per metric ton level in 2011.

  • Freeport CEO Says Multiyear Saga at Grasberg Is Almost Over
    Bloomberg12 days ago

    Freeport CEO Says Multiyear Saga at Grasberg Is Almost Over

    After all the “blood, sweat and tears,” the hardest work has been done, paving the way for a closing that will involve multiple documents changing hands simultaneously on a single day, Richard Adkerson said Thursday in a 90-minute interview. After Freeport and Indonesia signed a “definitive” agreement last week for the U.S. miner to cede majority ownership of its local operations to a state-owned firm, the company said it was conditional on solving key points. Adkerson said Thursday much of that work is almost complete.

  • Europe ends in the red, as miners, US jobs data weigh; STOXX 600 sinks 1.77% on the week
    CNBC12 days ago

    Europe ends in the red, as miners, US jobs data weigh; STOXX 600 sinks 1.77% on the week

    Europe finished Friday's session on a negative note as investors digested the latest jobs report out of the U.S., while monitoring moves in the bond markets.

  • How a Slowing Chinese Economy Mars Alcoa’s Outlook
    Market Realist14 days ago

    How a Slowing Chinese Economy Mars Alcoa’s Outlook

    China is the world’s largest aluminum producer (RIO), consumer, and exporter. Chinese aluminum exports are often blamed for the global aluminum industry’s woes. Meanwhile, China’s aluminum exports have risen sharply this year.

  • Why Analysts Are Still Bullish on Alcoa Stock
    Market Realist14 days ago

    Why Analysts Are Still Bullish on Alcoa Stock

    Alcoa (AA) carries a mean consensus price target of $58.3, which represents a 42.7% upside over its October 1 closing price. Alcoa has received a “strong buy” rating from three analysts, while eight analysts rate it as a “buy.” The remaining four analysts polled by Thomson Reuters on October 1 rate Alcoa as a “hold” or some equivalent. Last month, Berenberg initiated coverage on Alcoa with a “buy” rating and a $54 price target.

  • BHP Billiton to Combat Headwinds With Lower Debt & Investment
    Zacks15 days ago

    BHP Billiton to Combat Headwinds With Lower Debt & Investment

    BHP Billiton Limited (BHP) is poised to gain from its focus on investment plans across iron ore, copper, coal and petroleum.

  • No Respite for Alcoa as Stock Nears 52-Week Lows
    Market Realist15 days ago

    No Respite for Alcoa as Stock Nears 52-Week Lows

    Alcoa (AA) is having a dismal run this year. Based on October 1 closing prices, the stock has lost 24.1% YTD. Century Aluminum’s (CENX) performance hasn’t been any better with losses of 38.5% so far this year. Diversified miners like Rio Tinto (RIO) have performed better as iron ore prices have been strong despite the weakness in other industrial metals. The SPDR S&P Metals and Mining ETF (XME), which seeks to build a diversified portfolio of US-based metal and mining companies, has also sagged this year with a loss of 4.2% YTD.

  • Simply Wall St.15 days ago

    Why Rio Tinto plc (LON:RIO) Is A Dividend Rockstar

    Rio Tinto plc (LON:RIO) has pleased shareholders over the past 10 years, by paying out dividends. The company is currently worth UK£66.31b, and now yields roughly 7.0%. Does Rio Tinto Read More...

  • Rio Tinto, Japanese partners to invest $1.6 billion on Australian iron ore
    Reuters16 days ago

    Rio Tinto, Japanese partners to invest $1.6 billion on Australian iron ore

    Rio Tinto and its joint venture partners, Mitsui & Co and Nippon Steel & Sumitomo Metal , will spend about $1.55 billion (£1.2 billion) to maintain production capacity at two iron ore projects in Western Australia. Rio will invest a total of $820 million to develop the projects at the Robe River Joint Venture in Australia's mineral rich Pilbara region, the Anglo-Australian miner said in a statement on Monday. Rio said the investments would enable it to sustain production of its Pilbara Blend brand of iron ore and its Robe Valley lump and fines products.

  • Stocks - Rite Aid, Freeport-McMoran Gain in Pre-market; Conagra Falls
    Investing.com19 days ago

    Stocks - Rite Aid, Freeport-McMoran Gain in Pre-market; Conagra Falls

    Investing.com - Stocks in focus in pre-market trade Thursday:· Geron (NASDAQ:GERN) stock slumped 65.32% as of 8:17 AM ET (12:17 GMT) after the company announced that Janssen Biotech terminated a collaboration and license agreement with them.· Rite Aid (NYSE:RAD) stock rose 2.34% after the company posted sales that beat expectations and matched profit expectations, excluding items..· ConAgra Foods (NYSE:CAG) stock fell 6.41% after the company missed its fiscal first-quarter sales and earnings estimates.· Freeport-McMoran (NYSE:FCX) stock increased 1. ...

  • Rio Tinto Limited (ASX:RIO): Commentary On Fundamentals
    Simply Wall St.23 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...

  • 3 Incredibly Cheap High-Yield Dividend Stocks to Buy Now
    Motley Fool24 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.

  • Company News For Sep 21, 2018
    Zacks26 days ago

    Company News For Sep 21, 2018

    Companies In The News are: RHT,RIO,UAA,DIS

  • Rio Tinto announces new $3.2 billion share buyback, stock rises
    Reuters27 days ago

    Rio 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 Journal27 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.

  • CNBC28 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.