|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||69.05 - 69.05|
|52 Week Range||55.05 - 91.14|
|Beta (5Y Monthly)||0.68|
|PE Ratio (TTM)||8.66|
|Forward Dividend & Yield||4.38 (6.11%)|
|Ex-Dividend Date||Mar 09, 2023|
|1y Target Est||N/A|
Key Insights Rio Tinto Group's estimated fair value is UK£37.05 based on 2 Stage Free Cash Flow to Equity Rio Tinto...
BHP Group's (BHP) collaboration with Microsoft will help improve copper recovery at the Escondida mine with the help of artificial intelligence and machine learning.
The latest investor updates on stocks that are trending on Friday.
The U.S. Forest Service has told a federal court it is not sure when it could approve a land swap allowing Rio Tinto Plc to develop the Resolution Copper mine in Arizona, a surprising reversal that boosts several Native American groups opposed to the project. The complex case involves a long-running conflict between a mining company hoping to supply more than a quarter of U.S. copper demand for the green energy transition and Indigenous groups seeking to preserve Arizona's Oak Flat campground, a site of religious importance that would be destroyed by the mine's construction. In 2014, the U.S. Congress approved a land swap that required an environmental report to be published, which former President Donald Trump's administration did shortly before leaving office.
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Rio Tinto Group (LON:RIO) has had a rough three months with its share price down 19%. However, stock prices are usually...
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Rio Tinto Group ( LON:RIO ) shareholders might be concerned after seeing the share price drop 20% in the last quarter...
Mixed company earnings and softening economic data were keeping a lid on sentiment.
A look at the stocks making headlines on Wednesday.
Greater financial and regulatory stability in Chile would encourage BHP Group to invest more in the country, the company's head of the Americas, Rag Udd, said on Tuesday. "The fact is, while there are some challenges in terms of investment in climate in Chile at the moment," Udd said. The company said it maintains plan to invest $10 billion in Chile over the 50 years, but added that the investment requires the "right fiscal certainty and right regulatory certainty."
Rio Tinto plc (RIO) and First Quantum Minerals have entered into a joint venture to progress the La Granja copper project in Peru to capitalize on the demand for copper.
The latest investor updates on stocks that are trending on Friday.
Volatile quarter finishes with a flourish
Rio Tinto Ltd and Canada's First Quantum Minerals Ltd will form a joint venture to develop the La Granja copper project in Peru, the Anglo-Australian miner said on Friday. First Quantum will buy a 55% stake in the project for $105 million, and commit to invest up to $546 million in the joint venture. Rio Tinto had acquired the La Granja project from Peru's government in 2006.
The latest investor updates on stocks that are trending on Monday.
The internal memo seen by Reuters on Thursday revealed payroll information, like payslips and overpayment letters, of a small number of the mining giants' Australian employees from January 2023 had possibly been seized by a cybercriminal group. "On Jan. 30, 2023, we were made aware of suspicious activity within certain instances of our GoAnywhere MFTaaS solution," a Fortra spokesperson told Reuters in an email on Friday. Fortra declined to comment on specific customers when asked about Rio Tinto, but said it was notifying potentially affected customers who may have been impacted and coordinating with the U.S.' Cybersecurity and Infrastructure Security Agency.
Personal data of Rio Tinto Ltd's former and current Australian employees may have been stolen by a cybercriminal group, according to a staff memo seen by Reuters on Thursday. Payroll information, like payslips and overpayment letters, of a small number of employees from January 2023 had possibly been seized by the group, the memo showed. "Investigations now indicate a possibility that Rio Tinto data may be impacted," it said.
(Reuters) -Personal data of Rio Tinto Ltd's former and current Australian employees may have been stolen by a cybercriminal group, according to a staff memo seen by Reuters on Thursday. "Investigations now indicate a possibility that Rio Tinto data may be impacted," it said. The stolen data relates to an attack on GoAnywhere - a managed file transfer (MFT) software offered by U.S. cybersecurity firm Fortra.
Rio Tinto's and Adidas are part of the Zacks Bull and Bear of the Day article.
The Mining-Miscellaneous Industry is currently in the top 30% of over 248 Zacks Industries and Rio Tinto's (RIO) stock is standing out with a Zacks Rank #1 (Strong Buy) and overall "A" VGM grade for the combination of Value, Growth, and Momentum.
The U.S. Forest Service plans to re-publish an environmental report before July that will set in motion a land swap between the U.S. government and Rio Tinto , allowing the mining giant to develop the controversial Resolution Copper project in Arizona. The move would be the latest blow to Native Americans who have long opposed the mine project, which would destroy a site of religious importance but supply more than a quarter of U.S. copper demand for the green energy transition. The complex case centers around a land swap approved by Congress in 2014 that required an environmental report to be published, something the Trump administration did shortly before leaving office.
RIO, SMFG and DTEGY made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 21, 2023.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.