RIO - Rio Tinto Group

NYSE - Nasdaq Real Time Price. Currency in USD
59.28
-0.06 (-0.10%)
As of 9:40AM EDT. Market open.
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Previous Close59.34
Open59.25
Bid59.16 x 800
Ask59.22 x 900
Day's Range59.22 - 59.42
52 Week Range44.62 - 63.27
Volume179,396
Avg. Volume3,095,696
Market Cap65.175B
Beta (3Y Monthly)0.37
PE Ratio (TTM)7.53
EPS (TTM)7.88
Earnings DateN/A
Forward Dividend & Yield3.61 (6.14%)
Ex-Dividend Date2019-03-07
1y Target Est63.26
Trade prices are not sourced from all markets
  • Cleveland-Cliffs’ Upside: Vale’s Dam Burst and Supply Disruptions
    Market Realistyesterday

    Cleveland-Cliffs’ Upside: Vale’s Dam Burst and Supply Disruptions

    What’s in the Cards for Cleveland-Cliffs’ Q1 Results?(Continued from Prior Part)Vale’s dam burst On January 25, a major disaster struck Vale (VALE) when a dam ruptured at one of its mines in Brazil (EWZ). More than 300 people died when the

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  • Iron Ore Prices Could Be Supported after Vale’s Mine Restart
    Market Realist3 days ago

    Iron Ore Prices Could Be Supported after Vale’s Mine Restart

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    Market Realist3 days ago

    Vale: No Production Upgrade despite Authorization to Reopen Mine

    Iron Ore Prices Could Be Supported after Vale’s Mine RestartMine restart authorizedOn April 16, a Brazilian (EWZ) court gave Vale (VALE) authorization to restart its operations at the Brucutu mine. After the dam burst in January, the court

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    Investopedia5 days ago

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    Motley Fool6 days ago

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  • Top 5 Copper Stocks for 2019
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  • European Stocks Open Steady as Miners Slump, Automakers Advance
    Bloomberg9 days ago

    European Stocks Open Steady as Miners Slump, Automakers Advance

    (Bloomberg) -- European equities opened little changed as mining shares paced the declines on falling iron ore prices while autos, energy and banks gained ground.

  • Reuters10 days ago

    BHP cuts iron ore production outlook after Australian cyclone

    BHP Group, the world's biggest miner, joined rival Rio Tinto on Wednesday in cutting its forecast for iron ore output after a tropical cyclone, although analysts expect high prices to limit any impact on profits. Cyclone Veronica tore down the coast of Western Australia in March, hitting several iron ore export hubs, in a return of more turbulent weather conditions after several moderate years. The lower production also led to a rise in BHP's costs, while Rio Tinto suffered operational issues in the first quarter, including a fire at its Cape Lambert operations, said Brenton Saunders, an analyst at fund Pendal Group in Sydney.

  • London markets higher on unemployment data
    MarketWatch10 days ago

    London markets higher on unemployment data

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  • Reuters11 days ago

    PRESS DIGEST- Financial Times - April 16

    The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Rio Tinto cuts FY iron ore guidance on cyclone damage https://on.ft.com/2PbNlcw ...

  • Reuters11 days ago

    Rio Tinto cuts FY iron ore guidance after cyclone hits first-quarter shipments

    Rio, the world's No. 2 miner of the steelmaking material, cut its annual iron ore shipments estimate to a range of 333 million to 343 million from a range of 338 million to 350 million tonnes announced earlier. Rio shipped 69.1 million tonnes in the quarter ended March 31, down from 80.3 million tonnes last year and well below the Goldman Sachs estimate of 74.7 million tonnes.

  • Reuters11 days ago

    European shares edge higher on trade optimism; U.S. bank earnings weigh

    European shares ended higher on Monday with telecom and retail stocks leading gains as Sino-U.S. trade optimism and strong Chinese economic data eased some worries over global growth - though lacklustre earnings from big U.S. banks weighed. The pan-European STOXX 600 index rose for the fourth straight session, hovering near eight-month highs with most indices in the region gaining, apart from Britain's FTSE 100 which lost ground as miners and oil majors fell. Markets cheered the progress in trade talks after U.S. Treasury Secretary Steven Mnuchin said on Saturday he hoped that the United States and China were close to the final round of negotiations.

  • Financial Times11 days ago

    Rio Tinto cuts 2019 iron ore outlook on cyclone damage

    Rio Tinto cut its 2019 guidance for shipments of iron ore to between 333 and 343m tonnes on Tuesday as a result of cyclone damage at its port in Western Australia. The Anglo-Australian miner shipped 69.1m tonnes of the commodity used to make steel in the first quarter, down 14 per cent year on year, following weather disruptions in March and a fire at its Cape Lambert A port facility, the company said. “Our iron ore business faced several challenges at the start of this year, particularly from tropical cyclones,” said Rio chief executive J-S Jacques, adding that the guidance for Pilbara shipments had been reduced.

  • Market report: Investors give Rio Tinto's Arizona cash plan the cold shoulder
    Evening Standard11 days ago

    Market report: Investors give Rio Tinto's Arizona cash plan the cold shoulder

    Investors on Monday chose not to dig deep into their pockets for Rio Tinto. The firm said the money for the Resolution Copper scheme in Arizona will be used for additional drilling, studies and infrastructure improvements. Rio Tinto chief executive JS Jacques said: “The rise of electric vehicles, battery storage, new transmission technology and other green energy innovations are highly copper intensive.

  • Reuters11 days ago

    European shares subdued after U.S.-China trade deal hopes

    European shares were steady in early trade on Monday, as hopes that Sino-U.S. trade talks could be nearing their final stages and strong Chinese economic data eased worries over the global economy, but domestic trade tensions kept a lid on advances. Milan's main index and Madrid's led with gains of 0.4 percent, while London's FTSE 100 lagged with a 0.1 percent dip. Asian shares neared nine-month highs after U.S. Treasury Secretary Steven Mnuchin said on Saturday a U.S.-China trade agreement would go "way beyond" previous efforts to open China's markets to U.S. companies, and hoped that the two sides were close to the final round of negotiations.

  • Financial Times11 days ago

    Rio Tinto to boost investment in sprawling US copper project

    Rio Tinto plans to boost its investment in one of the world’s biggest copper projects, as the Anglo-Australian miner looks to tap into demand for a metal used in everything from electric vehicles to batteries. This will bring the total investment between Rio Tinto, and its minority partner BHP Billiton, to $2bn since 2014. “The rise of electric vehicles, battery storage, new transmission technology and other green energy innovations are highly copper intensive,” said Rio Tinto chief executive JS Jacques.

  • Financial Times11 days ago

    Mick Davis comeback orchestrated by Beny Steinmetz’s group

    Mick Davis, the Conservative party chief executive and former head of Xstrata, has launched his comeback to the mining industry through a deal orchestrated by BSGR, the miner that has been embroiled in bribery and corruption investigations. Niron Metals, an investment vehicle co-founded and chaired by Sir Mick, was asked to develop an iron ore deposit in Guinea by BSGR and its advisers, according to people familiar with the deal. BSGR is the mining group controlled by the family of Beny Steinmetz, the Israeli diamond trader.

  • China Isn't Ready for Iron Deficit, Industry Veteran Warns
    Bloomberg11 days ago

    China Isn't Ready for Iron Deficit, Industry Veteran Warns

    Prices will “absolutely” continue to rise as mine closures in Brazil spur a deficit, Wu Wenzhang, founder and president of Shanghai Steelhome Information Technology Co., said in an interview. Mills in Europe and the Middle East will be in a worse position than China’s in the event of a prolonged shortage, he said. Shipments from the South American nation are collapsing, while Australian disruptions and signs of a pick-up in China’s steel demand offer a further boost to prices.

  • Why Rio Tinto Group (LON:RIO) Could Have A Place In Your Portfolio
    Simply Wall St.12 days ago

    Why Rio Tinto Group (LON:RIO) Could Have A Place In Your Portfolio

    Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on Rio Tinto Group (LON:RIO) due to its excellent fundamentals in more than one area. RIO...

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  • Why Is Barclays Optimistic on the Iron Ore Price Outlook?
    Market Realist15 days ago

    Why Is Barclays Optimistic on the Iron Ore Price Outlook?

    Is the Party Just Getting Started for Iron Ore Miners?(Continued from Prior Part)Barclays upgrades iron ore price forecast Barclays is optimistic about the iron ore price outlook given the supply disruptions from Australian miners as well as Vale’s

  • Credit Suisse Is Expecting a Push in Iron Ore Prices on Supply Deficit
    Market Realist15 days ago

    Credit Suisse Is Expecting a Push in Iron Ore Prices on Supply Deficit

    Is the Party Just Getting Started for Iron Ore Miners?(Continued from Prior Part)Credit Suisse As iron ore supply disruptions, at least from Vale (VALE), don’t look likely to go away easily, analysts have started another round of upgrades for iron