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LON:RIO

Rio Tinto Group (RIO) Share Price, News & Analysis

GBX 5,037
+61.50 (+1.24%)
(As of 07/26/2024 ET)
Today's Range
5,010
5,085
50-Day Range
4,872
5,825
52-Week Range
4,509.50
5,910
Volume
1.36 million shs
Average Volume
3.07 million shs
Market Capitalization
£62.96 billion
P/E Ratio
1,049.38
Dividend Yield
6.77%
Price Target
GBX 6,228.57

Rio Tinto Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
23.7% Upside
GBX 6,228.57 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.44
Upright™ Environmental Score
News Sentiment
0.08mentions of Rio Tinto Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.25 out of 5 stars

RIO stock logo

About Rio Tinto Group Stock (LON:RIO)

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting. The Copper segment engages in mining and refining of copper, gold, silver, molybdenum, and other by-products and exploration activities. The Minerals segment is involved in mining and processing of borates, titanium dioxide feedstock, and iron concentrate and pellets; diamond mining, sorting, and marketing; and development projects for battery materials, such as lithium. It also owns and operates open pit and underground mines; and refineries, smelters, processing plants and power, and shipping facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.

RIO Stock Price History

RIO Stock News Headlines

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Industry, Sector and Symbol

Industry
Other Industrial Metals & Mining
Sub-Industry
Metals & Mining
CIK
N/A
Fax
N/A
Employees
53,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 6,228.57
High Stock Price Target
GBX 7,700
Low Stock Price Target
GBX 5,500
Potential Upside/Downside
+23.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
£10.06 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£54.04 billion
Cash Flow
GBX 770.70 per share
Book Value
GBX 3,367 per share

Miscellaneous

Outstanding Shares
1,250,000,000
Free Float
N/A
Market Cap
£62.96 billion
Optionable
Not Optionable
Beta
0.63
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Key Executives

  • Mr. Jakob Stausholm M.S. (Age 56)
    CEO & Executive Director
    Comp: $2.15M
  • Mr. Peter Lloyd Cunningham B.A. (Age 58)
    CFO & Director
    Comp: $1.26M
  • Mr. Alfredo Barrios BSc Physics (Age 58)
    MSc, Ph.D., Chief Commercial Officer
    Comp: $1.12M
  • Mr. Bold Baatar (Age 50)
    Chief Executive of Copper
    Comp: $1.28M
  • Mr. Simon C. Trott BSc(Hon) (Age 48)
    GAICD, GradDipFin, Chief Executive of Iron Ore
    Comp: $1.19M
  • Mr. Jerome X. Pecresse (Age 57)
    Chief Executive of Aluminium, President & CEO of Renewable Energy
    Comp: $1.23M
  • Mr. Mark Davies
    Chief Technical Officer
  • Mr. Nigel Ian Steward
    Head of Grp Tech Processing, Asset Mgmt, Energy, Climate Change, R&D & Tech Strtgy & Chief Scientist
  • Mr. Menno Gerard Cornelis Sanderse
    Head of Investor Relations
  • Ms. Isabelle Deschamps (Age 54)
    Chief Legal, Governance & Corporate Affairs Officer

Should I Buy Rio Tinto Group Stock? RIO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Rio Tinto Group:

  • Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide, providing diversification in the mining sector.
  • The company operates through various segments such as Iron Ore, Aluminium, Copper, and Minerals, allowing for exposure to different commodities.
  • Rio Tinto's Iron Ore segment engages in iron ore mining, which can benefit from the demand for steel production.
  • Recent developments in the company's operations have shown positive growth potential, indicating a promising outlook for investors.
  • Investors may find the current stock price of Rio Tinto Group attractive for potential gains in the future.

Cons

Investors should be bearish about investing in Rio Tinto Group for these reasons:

  • Rio Tinto Group faces risks associated with the mining industry, such as commodity price volatility and regulatory challenges.
  • The company's operations in different regions may expose it to geopolitical risks and uncertainties.
  • Environmental concerns related to mining activities could impact Rio Tinto's reputation and operations.
  • Market conditions and global economic factors may affect the company's performance and stock price.
  • Investors should carefully consider the risks and uncertainties associated with investing in Rio Tinto Group before making any decisions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 22, 2024. Please send any questions or comments about these Rio Tinto Group pros and cons to contact@marketbeat.com.

RIO Stock Analysis - Frequently Asked Questions

How have RIO shares performed this year?

Rio Tinto Group's stock was trading at GBX 5,842 on January 1st, 2024. Since then, RIO shares have decreased by 13.8% and is now trading at GBX 5,037.
View the best growth stocks for 2024 here
.

How do I buy shares of Rio Tinto Group?

Shares of RIO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of Rio Tinto Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rio Tinto Group investors own include Anglo American (AAL), BHP Group (BHP), Glencore (GLEN), Citigroup (C), Alibaba Group (BABA), BHP Group (BHP) and NVIDIA (NVDA).

This page (LON:RIO) was last updated on 7/26/2024 by MarketBeat.com Staff

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