Rio Tinto Stock News

Rio Tinto press release (RIO): FY Non-GAAP EPS of $13.21 misses by $0.74.Revenue of $63.49B (+42.3% Y/Y) beats by $2.08B.Underlying EBITDA of $37.7 billion was 58% above 2020, with

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto Chief Executive Jakob Stausholm said: "Our people have continued to safely run our world-class assets and are working hard to improve our operational performance, despite challenging operating conditions from prolonged COVID-19 disruptions. The recovery of the global economy, driven by industrial production, resulted in significant price strength for our major commodities, which we were able to capture, achieving record financial results with fre

Rio Tinto posted on Wednesday its best ever annual profit and a record full-year dividend of $16.8 billion, boosted by higher iron ore prices and strong demand from top consumer China.

Rio Tinto PLC (LSE:RIO) reported record full-year results and its highest ever dividend, including a special payout, as the world's largest mining companies continued to reap the benefits of strong co

The company says it will pay a total dividend for the year of $10.40 a share, including a special dividend of $2.47.

Rio Tinto PLC, the world's second-biggest mining company by market value, reported its full-year results for 2021 on Wednesday. Here's what you need to know:

Allena Pharmaceuticals, Inc. (NASDAQ:ALNA) with the stream of -5.30% also noticed, India Rio Tinto Group (NYSE:RIO) encountered a rapid change of 0.18% in the last hour of Tuesdays trading session. The post Bright Trending Stock: Allena Pharmaceuticals, Inc. (NASDAQ:ALNA), Rio Tinto Group (NYSE:RIO) appeared first on Stocks Equity .

Meridian Energy says it wants a long-term commitment from Rio Tinto.

Rio Tinto (NYSE:RIO) is scheduled to announce FY21 earnings results on Wednesday, February 23rd, before market open.The consensus EPS Estimate is $13.95 vs

Australian shares ended lower on Tuesday, with financial stocks and miners leading declines, as deepening tensions between Ukraine and Russia heightened market uncertainty. The benchmark S&P/ASX 200 index closed 1% lower at 7,161.3 after hitting a two-week low earlier in the day. It gained 0.2% on Monday. Russian President Vladimir Putin ordered the deployment of troops to two breakaway regions in eastern Ukraine after recognising them as independent, worsening a crisis that has roiled global markets for weeks. Financial stocks were the biggest drag to the benchmark and closed 1.5% lower. The "Big Four" banks slid between 1% and 2.1%. Australia shares set to track Wall Street lower, NZ dips Miners retreated 1.1%, with heavyweights BHP Group and Rio Tinto declining 0.9% and 1.4%, respectively. Technology stocks were also in the negative, falling 3.2% in the fourth straight day of losses. The subindex closed at its lowest level since July 2020. Australia-listed shares of Block Inc slumped as much as 7.3% to a record low, while Xero Ltd and Wisetech Global dropped 3.1% and 4%, respectively. "Technology stocks are overvalued, and investors look for companies that have strong cash flows and are not susceptible to trends," said Brad Smoling, managing director of Smoling Stockbroking, adding that tech stocks are the first to get dumped when uncertainty hits the market.

What do oil companies , car dealers and Rio Tinto have in common? They are all making money hand over fist and catching flak for it.

Rio Tinto PLC (LSE:RIO) looks set to keep its crown as the dispenser of mega dividends when it releases full-year results on Wednesday. Based on payments over the last year, the mining giant and despo

Rio Tinto Plc found using ticker (RIO) have now 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 96 and 70 with the average target price sitting at 78.67. With the stocks previous close at 76.68 this is indicating there is a potential upside of 2.6%. The 50 day MA is 71.7 while the 200 day moving average is 74.93. The company has a market capitalisation of $125,716m. Company Website: https://www.riotinto.com [stock_market_widget type="chart" template="basic" color="green" assets=RIO" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $128,979m based on the market concensus. Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities.

The market overreaction to iron ore prices has created an enticing entry opportunity for Rio Tinto. Read more to see our barbell strategy for RIO.