Australia shares inch lower as miners drop, Sydney Airport caps losses

06:05am, Thursday, 09'th Dec 2021 Business Recorder
Australian shares edged lower on Thursday, as mining stocks fell after steel prices dropped due to sluggish downstream demand, though gains in Sydney Airport after regulators approved its buyout offset some of the losses. The S&P/ASX 200 index was down 0.1% at 7,394.9 by 1156 GMT. The benchmark had risen 1.3% on Wednesday. Sydney Airport, up 3%, was one of the top gainers on the benchmark, after the country''s competition regulator approved its A$23.6 billion ($16.92 billion) takeover. Among sub indexes, mining stocks fell 0.6%. Heavyweights BHP Group , Rio Tinto and Fortescue Metals all fell between 0.7% and 1.3%. They were tracking a downturn in Chinese stainless steel futures, which dropped to their lowest in more than three months on Wednesday. Lithium developer Vulcan Energy was a bright spot, gaining over 11% after it secured Volkswagen as an additional car industry customer for its environmental-friendly lithium hydroxide for automotive batteries. Gold stocks fell 0.56% led by Ora Banda Mining Ltd , down 5.97%, followed by Auteco Minerals Ltd, losing 5.63%.

State Street Corp Cuts Position in Rio Tinto Group (NYSE:RIO)

09:10am, Saturday, 04'th Dec 2021 Dakota Financial News
State Street Corp decreased its holdings in Rio Tinto Group (NYSE:RIO) by 90.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 15,214 shares of the mining companys stock after selling 140,301 shares during the period. State Street Corps holdings in Rio Tinto Group were worth $1,276,000 at []

Peter Cunningham Sells 412 Shares of Rio Tinto Group (LON:RIO) Stock

06:14am, Saturday, 04'th Dec 2021 ETF Daily News
Rio Tinto Group (LON:RIO) insider Peter Cunningham sold 412 shares of the businesss stock in a transaction that occurred on Wednesday, December 1st. The shares were sold at an average price of GBX 4,667 ($60.97), for a total transaction of £19,228.04 ($25,121.56). Peter Cunningham also recently made the following trade(s): On Friday, October 29th, Peter [] The post Peter Cunningham Sells 412 Shares of Rio Tinto Group (LON:RIO) Stock appeared first on ETF Daily News .

Pinnacle Associates Ltd. Grows Stock Holdings in Rio Tinto Group (NYSE:RIO)

02:32pm, Friday, 03'rd Dec 2021 Dakota Financial News
Pinnacle Associates Ltd. increased its stake in shares of Rio Tinto Group (NYSE:RIO) by 3.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 63,963 shares of the mining companys stock after purchasing an additional 2,392 shares during the period. Pinnacle Associates Ltd.s holdings in []
N1 - 13:55 03/12 Vladimir Djukanovic, an MP of the ruling Serbian Progressive Party (SNS), said on Friday he supported the Rio Tinto project in the country and that a rally backing the company should be organised. Ahead of Saturdays mass blockades of Serbia announced by the environmentalist Danas : Radikalskom retorikom na ekoloki aktivizam Nova : VIDEO uka hoe Rio Tinto u Srbiji i trai skup podrke kompaniji RTV : Tadi: Prvi pregovori sa Rio Tintom poeli u vreme inia 39 povezane vesti »

Morning Report 3 Dec 21: Wall Street resurgence paves the way for ASX gains

11:05pm, Thursday, 02'nd Dec 2021 Herald Sun Australia
US sharemarkets rebounded on Thursday, following a sharp sell-off in the previous session. Boeing shares jumped by 7.5% after China cleared the 737 Max aircraft to fly. Delta Air Lines shares gained 9.3%. Shares of payments processors Visa (+4.3%), Mastercard (+4.5%) and American Express (+4.5%) all climbed. Retailer Kroger (+11%) raised its full-year sales and profit forecasts. But Apple shares fell by 0.6% on reports of a slowing in iPhone 13 demand. The Dow Jones index closed higher by 618 points or 1.8%. The S&P 500 index lifted by 1.4%. And the Nasdaq index added 127 points or 0.8%. European sharemarkets shed more than 1% on Thursday as countries ramped up restrictions to curb the spread of the Omicron virus variant. The pan-European STOXX 600 index fell by 1.2% with travel and leisure stocks down 2.6%. The German Dax index lost 1.4% and the UK FTSE index dipped 0.6%. In London trade, shares in Rio Tinto rose by 0.6% and BHP shares lifted 1.2%.

Did the Rio Tinto (ASX:RIO) share price start a recovery in November 2021?

08:36pm, Thursday, 02'nd Dec 2021 The Motley Fool Australia
Rio Tinto shares hit a low of below $88 in November. The post Did the Rio Tinto (ASX:RIO) share price start a recovery in November 2021? appeared first on The Motley Fool Australia .
(Kitco News) - Today, Midland Exploration (TSX-V: MD) announced the signing of a new option agreement with Rio Tinto Exploration Canada Inc. ("RTEC") for its Tete Nord nickel-copper property located near the town of La Tuque, Quebec.

Rio Tinto plc 17.5% potential upside indicated by Citigroup

02:47pm, Thursday, 02'nd Dec 2021 DirectorsTalk
Rio Tinto plc with ticker (LON:RIO) now has a potential upside of 17.5% according to Citigroup. [stock_market_widget type="chart" template="basic" color="green" assets="RIO.L" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] Citigroup set a target price of 5,600 GBX for the company, which when compared to the Rio Tinto plc share price of 4,621 GBX at opening today (02/12/2021) indicates a potential upside of 17.5%. Trading has ranged between 4,354 (52 week low) and 6,788 (52 week high) with an average of 3,763,665 shares exchanging hands daily. The market capitalisation at the time of writing is £77,135,717,020. Rio Tinto plc is a mining and metals company. The Company''s business is finding, mining and processing mineral resources. The Company''s segments include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations. The Company operates an iron ore business, supplying the global seaborne iron ore trade. Its Iron Ore product operations are located in the Pilbara region of Western Australia and operations include approximately five iron ore products and approximately four port terminals.

Midland Options Its Tete Nord Ni-Cu Property to Rio Tinto

12:30pm, Thursday, 02'nd Dec 2021 Intrado Digital Media
MONTREAL, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Midland Exploration Inc. ("Midland") (TSX-V: MD) is pleased to announce the signing of a new option agreement with Rio Tinto Exploration Canada Inc. ( "RTEC" ) for its Tete Nord nickel-copper property, currently wholly owned by Midland and located near the town of La Tuque, Quebec.
N1 - 11:29 01/12 Serbia''s Government signed a memorandum of understanding with Rio Tinto in 2017, expressing its readiness to provide all necessary permits for mines and lithium ore processing, said a document published by the Nova daily on Wednesday. Nova : Advokati najavili protest zbog Rio Tinta, pridruuju se graanima i nude pomo Nova : Otkrivamo: Vlada Ane Brnabi 2017. potpisala pomo Rio Tintu za dozvole N1 : Nova: Vlada 2017. izrazila spremnost da obezbedi dozvole za Rio Tinto 14 povezane vesti »

Analysts Recent Ratings Updates for Rio Tinto Group (RIO)

12:40am, Tuesday, 30'th Nov 2021 Dakota Financial News
A number of firms have modified their ratings and price targets on shares of Rio Tinto Group (LON: RIO) recently: 11/26/2021 Rio Tinto Group was given a new GBX 4,200 ($54.87) price target on by analysts at Royal Bank of Canada. 11/24/2021 Rio Tinto Group had its sell rating reaffirmed by analysts at []
Special Report: The Wyoming properties are close to UR Energys (URE) Lost Creek ISR Facility and Rio Tintos Sweetwater/Kennecott Mill. Read More The post GTI Resources storms ahead with drilling at THOR ISR Uranium Project in Wyoming appeared first on Stockhead .
US sharemarkets rebounded on Monday with the S&P technology subindex leading the way. The S&P 500 index lifted 1.3%. And the Nasdaq index rose by 291 points or 1.9%. European sharemarkets rebounded on Monday. The pan-European STOXX 600 index rose by 0.7% - the best day in a month - but only regained a portion of the 3.7% loss on Friday. Travel & leisure stocks rose by 1.8%. There were also gains in energy, financial and mining stocks. The German Dax index rose by just 0.2%, constrained by data showing harmonised consumer price inflation at a record high of 6%. And the UK FTSE index rose 0.9%. In London trade, shares in Rio Tinto lifted by 1.7% and BHP shares gained 2.9%.
Rio Tinto Group (NYSE:RIO) traded at $62.54 at last check on Monday, November 29, made an upward move of 0.34% on its previous day’s price. Looking at the stock we see that its previous close was $62.33 and the beta (5Y monthly) reads 0.62 with the day’s price range being $60.7359 – $62.48. The company … Rio Tinto Group (NYSE: RIO) 0.34% Incline Turns Investors Off From Company Stock Read More »
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE