|Bid||80.05 x 1000|
|Ask||81.50 x 800|
|Day's Range||80.02 - 81.53|
|52 Week Range||35.35 - 86.90|
|Beta (5Y Monthly)||0.64|
|PE Ratio (TTM)||18.47|
|Forward Dividend & Yield||3.86 (4.74%)|
|Ex-Dividend Date||Aug 06, 2020|
|1y Target Est||95.25|
Simandou in Guinea is home to the world's richest untapped deposits of iron ore but legal wrangling, alleged corruption and the difficulty of access to the mountain region mean it has yet to be developed. On Friday, a Swiss criminal court found Israeli businessman Beny Steinmetz guilty of corruption and sentenced him to five years in jail over a mining deal his company secured for the Simandou project. Steinmetz has said he will appeal the verdict.
As of late, it has definitely been a great time to be an investor in Rio Tinto Group (RIO).
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