|Bid||31.56 x N/A|
|Ask||31.66 x N/A|
|Day's Range||30.86 - 31.93|
|52 Week Range||18.68 - 45.38|
|Beta (5Y Monthly)||2.11|
|PE Ratio (TTM)||734.42|
|Earnings Date||Apr 25, 2023|
|Forward Dividend & Yield||0.17 (0.61%)|
|Ex-Dividend Date||Aug 26, 2022|
|1y Target Est||30.41|
The latest investor updates on stocks that are trending on Friday.
(Bloomberg) -- Rio Tinto Group agreed to sell a majority stake in its La Granja copper project in Peru to First Quantum Minerals Ltd., as the world’s second-largest miner focuses on flagship developments in Mongolia and the US. Most Read from BloombergTrump Faces Fingerprints, Mug Shot After Dramatic IndictmentSingapore’s Changi Sees Immigration System Restored After Delays$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketA $3 Trillion Threat to Global Financial Markets Looms in Japa
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.