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Rio Tinto PLC (RIO)

Stock Price: $84.01 USD -1.99 (-2.31%)
Updated Apr 22, 2021 4:00 PM EDT - Market closed
Pre-market: $85.24 +1.23 (1.46%) Apr 23, 7:41 AM
Market Cap 134.93B
Revenue (ttm) 44.61B
Net Income (ttm) 9.77B
Shares Out 1.62B
EPS (ttm) 6.00
PE Ratio 14.01
Forward PE 6.27
Dividend $4.66
Dividend Yield 5.55%
Trading Day April 22
Last Price $84.01
Previous Close $86.00
Change ($) -1.99
Change (%) -2.31%
Day's Open 84.65
Day's Range 83.50 - 84.71
Day's Volume 3,774,093
52-Week Range 41.59 - 89.69

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Rio Tinto stock jumped more than 40% in the last six months (126 trading days) and currently trades at $86 per share. The sharp rally was driven by a recovery in global iron ore prices.

Other stocks mentioned: SIX
28 minutes ago - Forbes

(Kitco News) - The Solwezi Licences are comprised of two individual exploration licences totalling 506 square kilometres, situated in the North-Western Province of Zambia on the prolific Zambia-Congo Co...

1 day ago - Kitco

Iron ore price and production levels are key to Rio Tinto's share performance: Fund manager

YouTube video

Upcoming dividend from Rio Tinto likely to be healthy, but the key to its share performance is still very much the iron ore business, says Hugh Dive from Atlas Funds Management,

2 days ago - CNBC International TV

Rio Tinto PLC (LON:RIO) said production in the first quarter was in line with guidance, even though significant rainfall hampered iron ore output in Australia, retained its output expectations for the y...

3 days ago - Proactive Investors

(Kitco News) - The production drop off was due to lower recoveries and throughput at Escondida and Kennecott partly offset by the anticipated higher grade from the Oyu Tolgoi open pit.

3 days ago - Kitco

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto Chief Executive Jakob Stausholm said: “We achieved an overall solid operating performance in the first quarter. We have maintained guidance ranges in all...

3 days ago - Business Wire

Market Takes A Pause; Futu, Rio Tinto, Albermarle Buck The Weakness

YouTube video

Market takes a pause; Futu, Rio Tinto, Albermarle buck the weakness. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock ma...

Other stocks mentioned: FUTU
3 days ago - Investors Business Daily

(Kitco News) - Midnight Sun Mining (TSX-V: MMA) announced Monday that Rio Tinto Mining and Exploration has commenced its initial 2021 exploration campaign on Midnight Sun's Solwezi Licences in Zambia.

3 days ago - Kitco

Stocks in the metals and mining sectors have had a near-term resurgence. Here are some favorite resource sector buys from participants in this week's MoneyShow Money, Metals & Mining Virtual Expo on Apr...

Other stocks mentioned: AEM, AUY, BTG, CXBMF, EGO, EQX, FNV ...
3 days ago - Forbes

Mining giant Rio Tinto Plc has tried for more than a quarter century to launch Arizona's Resolution copper project, which would be one of the world's largest underground mines.

3 days ago - Reuters

Updates from Primark owner Associated British Foods PLC (LON:ABF) and FTSE 100 miners Rio Tinto and BHP are in the diary for Tuesday, along with the latest UK unemployment numbers. Across the Atlantic, ...

Other stocks mentioned: NFLX, ASBFY, BHP
3 days ago - Proactive Investors

Vancouver, British Columbia--(Newsfile Corp. - April 19, 2021) - Midnight Sun Mining Corp. (TSXV: MMA) (the "Company" or "Midnight Sun") is pleased to announce Rio Tinto Mining and Exploration Limited (...

3 days ago - Newsfile Corp

Stocks like BHP, SCCO, RIO and FCX are poised well to capitalize on the rising copper demand stemming from the electrical vehicle market and improving industrial activity.

Other stocks mentioned: BHP, FCX, SCCO
1 week ago - Zacks Investment Research

Until now, the major mining companies haven't played much of a role in the lithium space. The reasons are largely historical.

1 week ago - Proactive Investors

A report released today by a Goldman Sachs analysts suggests copper could be the new oil, and copper stocks are surging on the news. The post FCX, SCCO, RIO: The Big News That Has Copper Stocks Gaining ...

Other stocks mentioned: FCX, SCCO
1 week ago - InvestorPlace

By Sara Rodriguez, Sage ESG Research Analyst About Rio Tinto Group The Rio Tinto Group is a multinational metals and mining company based in London and Australia. The company manages 60 operations acros...

1 week ago - ETF Trends

One copper price forecast claims that the precious metal could see a spike in value as the switch to renewable energy increases demand. The post Copper Price Forecast 2025: 5 Reasons Why One Report Pred...

Other stocks mentioned: BHP, BTBT, GLNCY, GOLD, PLTR, VALE, XPEV
1 week ago - InvestorPlace

Vancouver, British Columbia--(Newsfile Corp. - April 14, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum" or "Company") is pleased to announce that Rio Tinto Exploration Canada (RTEC) has complete...

1 week ago - Newsfile Corp

Industrial metals have pulled back from recent highs, but they believe the backdrop remains positive. They also expect a free cash flow.

Other stocks mentioned: BHP, VALE, VMC, ZEUS
1 week ago - InvestorPlace

Rio Tinto saw its IBD SmartSelect Composite Rating jump to 96 Tuesday, up from 94 the day before. The post Rio Tinto Earns Composite Rating Upgrade appeared first on Investor's Business Daily.

1 week ago - Investors Business Daily

The Basic Materials sector is one of the best places to be in right now.

Other stocks mentioned: CBT, FMAT, IYM, NGLOY, PYZ, RTM, SBSW ...
1 week ago - Zacks Investment Research

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 v...

1 week ago - Zacks Investment Research

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has entered into a binding Heads of Agreement (HoA) with Turquoise Hill Resources (TRQ) for an updated funding plan (the “Funding Plan”) for the completi...

Other stocks mentioned: TRQ
2 weeks ago - Business Wire

MONTREAL, April 9, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") and Rio Tinto today announced that they have entered into a binding Heads of Agreement (HoA) to p...

Other stocks mentioned: TRQ
2 weeks ago - PRNewsWire

(Kitco News) - Calibre controls a 100% interest in the Borosi concessions located in northeastern Nicaragua. Rio Tinto Exploration has the right to earn a 75% interest by spending US$45 million over ele...

Other stocks mentioned: CXBMF
2 weeks ago - Kitco

(Kitco News) - According to the report, despite the widespread challenges of COVID-19 in 2020, the contribution was up from the previous year.

2 weeks ago - Kitco

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto today released its 2020 Taxes paid: Our economic contribution report, which shows the company made a total direct economic contribution of $47 billion in...

2 weeks ago - Business Wire

(Kitco News) - Rio Tinto announced Wednesday that it has commenced production of battery-grade lithium from waste rock at a lithium demonstration plant at the Boron mine site in California, United States.

2 weeks ago - Kitco

BORON, Calif.--(BUSINESS WIRE)--Rio Tinto has commenced production of battery-grade lithium from waste rock at a lithium demonstration plant at the Boron mine site in California, United States. The demo...

2 weeks ago - Business Wire

Is (RIO) Outperforming Other Basic Materials Stocks This Year?

2 weeks ago - Zacks Investment Research

As copper prices gain on pickup in manufacturing and supply concerns as Chile shut downs its borders, stocks like BHP, RIO, SCCO, FCX and KZMYY are poised well to ride the momentum.

Other stocks mentioned: BHP, FCX, KZMYY, SCCO
2 weeks ago - Zacks Investment Research

The destruction of an ancient site, and the pay of a departed boss, will be hot topics with the miner's investors this week

2 weeks ago - The Guardian

KAZ Minerals PLC (LON:KAZ) received a higher recommended offer from a consortium led by two of its directors, valuing the Kazakh copper producer at around £4.1bn, as they seek to take the company back i...

3 weeks ago - Proactive Investors

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 v...

3 weeks ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for March 25th

Other stocks mentioned: COP, NRIM, SU
4 weeks ago - Zacks Investment Research

As inflation accelerates, protect yourself by checking out these stocks to buy now. The goal is to preserve purchasing power.

Other stocks mentioned: AGRO, CVX, FCX, HL, NEM, RIOT
4 weeks ago - InvestorPlace

LONDON & PASADENA, Calif.--(BUSINESS WIRE)--International mining and metals company Rio Tinto and renewable energy technology company Heliogen today announced an agreement to explore the deployment of H...

4 weeks ago - Business Wire

MELBOURNE (Reuters) -An Australian Aboriginal group on whose lands Rio Tinto Ltd mines for iron ore said that heritage reforms Rio announced on Tuesday lacked detail and that it had yet to see an improv...

4 weeks ago - Reuters

Rio Tinto PLC (LON:RIO)(ASX:RIO) is planning a series of seminars to outline how it is working in partnership with what it terms “traditional owners”. The aim is to improve the company's approach to cul...

1 month ago - Proactive Investors

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto will today detail how it is working in partnership with Traditional Owners, host communities and independent groups to strengthen and improve its approac...

1 month ago - Business Wire

Top Ranked Income Stocks to Buy for March 19th

Other stocks mentioned: BG, CMRE, TRTN
1 month ago - Zacks Investment Research

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto Limited will today issue an addendum to its 2021 notice of annual general meeting setting out two advisory resolutions requisitioned by two groups of sha...

1 month ago - Business Wire

As strong demand and supply concerns continue to fuel copper prices, we suggest stocks like BHP, RIO, SCCO, FCX and KZMYY to ride the momentum.

Other stocks mentioned: BHP, FCX, KZMYY, SCCO
1 month ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for March 15th

Other stocks mentioned: CVX, GLP, XOM
1 month ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for March 11th

Other stocks mentioned: BBL, GLP, XOM
1 month ago - Zacks Investment Research

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 v...

1 month ago - Zacks Investment Research

MONTREAL--(BUSINESS WIRE)--Rio Tinto makes first sale of aluminium-scandium alloy for 3D printing

1 month ago - Business Wire

Is (RIO) Outperforming Other Basic Materials Stocks This Year?

1 month ago - Zacks Investment Research

It's been a shark sell-off lately, especially with tech companies. The time might be right to look at value stocks.

Other stocks mentioned: BK, CVS, DOX, MET, VVV, VZ
1 month ago - InvestorPlace

Vuzix Corporation (NASDAQ:VUZI) announced Tuesday that major miner Rio Tinto Group (NYSE:RIO) has deployed Vuzix Smart Glasses at its Oyu Tolgoi mine in Mongolia, which has one of the world's largest kn...

Other stocks mentioned: VUZI
1 month ago - Proactive Investors

About RIO

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities. The company was founded in 1873 and is headquartered in London, the United Kingdom.

Industry
Other Industrial Metals & Mining
Founded
1873
CEO
Jean-Sebastien Jacques
Employees
47,500
Stock Exchange
NYSE
Ticker Symbol
RIO
Full Company Profile

Financial Performance

In 2020, Rio Tinto's revenue was $44.61 billion, an increase of 3.35% compared to the previous year's $43.17 billion. Earnings were $9.77 billion, an increase of 21.96%.

Financial Statements

Analyst Forecasts

According to 5 analysts, the average rating for Rio Tinto stock is "Buy." The 12-month stock price forecast is 100.22, which is an increase of 19.30% from the latest price.

Price Target
$100.22
(19.30% upside)
Analyst Consensus: Buy