U.S. markets closed

Rio Tinto Group (RIO.AX)

ASX - ASX Delayed Price. Currency in AUD
Add to watchlist
95.13-0.17 (-0.18%)
As of 10:10AM AEDT. Market open.
Full screen
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Previous Close95.30
Bid95.13 x 0
Ask95.23 x 0
Day's Range94.82 - 95.27
52 Week Range72.77 - 107.79
Avg. Volume1,561,137
Market Cap153.912B
Beta (5Y Monthly)0.62
PE Ratio (TTM)21.59
EPS (TTM)4.41
Earnings DateJul 29, 2020
Forward Dividend & Yield5.66 (5.94%)
Ex-Dividend DateAug 06, 2020
1y Target Est60.42
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
    View more
    • Rio Tinto vows reform as Australian lawmaker accuses industry of cultural genocide

      Rio Tinto vows reform as Australian lawmaker accuses industry of cultural genocide

      Outgoing Rio Tinto Chief Executive Jean-Sébastien Jacques said on Friday the miner was committed to reform after a lawmaker accused the industry of incremental cultural genocide at an Australian inquiry into the destruction of an ancient cave. Speaking for a second time at a parliamentary inquiry into how the world's biggest iron ore miner destroyed a culturally significant 46,000-year-old rockshelter in Western Australia, Jacques repeated an apology and vowed Rio would improve its efforts. "It should have never happened," Jacques told the inquiry into the destruction of the rockshelters at Juukan Gorge as part of an iron ore mine expansion in May, which caused deep distress to the Puutu Kunti Kurrama and Pinikura (PKKP) people.

    • Rio’s CEO Says Miner Made Key Changes Since Heritage Blasts

      Rio’s CEO Says Miner Made Key Changes Since Heritage Blasts

      (Bloomberg) -- Rio Tinto Group has made key changes to its cultural heritage management since the May explosions that damaged two Aboriginal Australian sites, outgoing CEO Jean-Sebastien Jacques told a Parliamentary hearing Friday.The miner is modernizing agreements with traditional landowners, won’t enforce clauses that restrict communities from speaking publicly about their concerns and is examining other measures to increase the economic benefit Indigenous people derive from Rio’s operations, Jacques said.Rio is also reviewing all activities with the potential to impact heritage sites as a result of failures exposed in the Juukan Gorge blasts, the London-based producer said in a letter sent this week to 12 traditional owner groups.“We are committed to learning and we have made changes,” Jacques told the hearing, speaking from Canberra. “What Juukan has shown us is that we must modernize our approach to working with communities. It is a critical moment for us and the industry.”Jacques was forced out last month after investors and legislators criticized Rio’s tame initial response to the incident, and will leave his position by March. Two other key executives are also leaving the company.It remains unclear what the long-term implications are for Rio’s iron ore unit -- its top earning division -- as the company revises its approach, and as Australia’s heritage laws are amended, Rio said earlier in a production report. Iron ore shipments fell 5% in the third quarter on maintenance work, the company said.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    • Rio Tinto releases third quarter production results
      Business Wire

      Rio Tinto releases third quarter production results

      Rio Tinto Chief Executive J-S Jacques said "We have delivered a good operational performance across most of our assets catching up on planned maintenance activity, particularly in iron ore, and continuing to adapt to new operating conditions as we learn to live with COVID-19. We have maintained our capex guidance and our 2020 production guidance across our key products.