The mining industry has been trying to dig itself out from under the mountain of debt it carries, a result of inopportune acquisitions and expansions during a boom that couldn't last. Yet even though major ...
It all comes down to price when trading a commodity like iron ore, and that's been an obstacle for metals miners including Vale (VALE) and its partner in Brazil, Rio Tinto (RIO). Also see Vale, Rio Tinto Stocks Rise On Upgrade: Iron Ore Recovery.
Rio Tinto plc (RIO)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||33.45 x 1000|
|Ask||33.80 x 200|
|Day's Range||32.67 - 33.77|
|52wk Range||21.89 - 40.05|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||1,533.64|
|Avg Vol (3m)||3,758,759|
|Dividend & Yield||1.51 (4.70%)|