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Rio Tinto (DE:RIO1)
XETRA:RIO1
Rio Tinto (RIO1) Stock Price & Analysis
24 Followers
RIO1 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€51.33 - €68.50
Previous Close€58.52
Volume136.04K
Average Volume (3M)42.30K
Market Cap
€99.00B
Enterprise Value€104.91B
Total Cash (Recent Filing)$9.67B
Total Debt (Recent Filing)$14.35B
Price to Earnings (P/E)10.2
Beta0.82
Next Earnings
Jul 30, 2024EPS Estimate
€3.33Last Dividend Ex-Date
Mar 07, 2024Dividend Yield6.94%
Share Statistics
EPS (TTM)5.74
Shares Outstanding1,627,108,312
10 Day Avg. Volume74,302
30 Day Avg. Volume42,302
Standard Deviation0.08
R-Squared0.05
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)2.10
Price to Sales (P/S)1.38
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit1.94
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€72.65Price Target Upside24.14% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Rio Tinto News
PremiumCompany Announcements
Rio Tinto Executives Invest in Company Shares
PremiumCompany Announcements
Rio Tinto Executives Invest in Company Shares
Bulls Say, Bears Say
Bulls Say
GuidanceRIO maintained its 2024 Pilbara iron ore shipments guidance range of 323-338 Mt.
Market ExposureRIO provides exposure to an expected increase in aluminium and copper prices while iron ore may continue to surprise on the upside.
Project DevelopmentThe Simandou iron ore project in Guinea is progressing with first shipments expected in 1H26 while the Western Range mine in the Pilbara is now 70% complete with first ore expected in 2025.
Bears Say
Financial PerformanceChina steel mills are now loss-making again and we are heading into a period of seasonal weakness for mining equities.
Production GuidanceMined Copper production now expected at the bottom end of the 660-720 kt range due to mine plan changes at Kennecott.
Steel DemandAmple iron ore inventories coupled with weak steel margins could pressure steel output, forcing benchmark iron ore prices to retreat.
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Options Prices
Currently, No data available
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Ownership Overview
0.22% Insiders
9.67% Mutual Funds
9.55% Other Institutional Investors
80.56% Public Companies and
Individual Investors
RIO1 FAQ
What was Rio Tinto’s price range in the past 12 months?
Rio Tinto lowest stock price was €51.33 and its highest was €68.50 in the past 12 months.
What is Rio Tinto’s market cap?
Currently, no data Available
When is Rio Tinto’s upcoming earnings report date?
Rio Tinto’s upcoming earnings report date is Jul 30, 2024 which is in 8 days.
How were Rio Tinto’s earnings last quarter?
Rio Tinto released its earnings results on Feb 21, 2024. The company reported €3.822 earnings per share for the quarter, beating the consensus estimate of €3.502 by €0.319.
Is Rio Tinto overvalued?
According to Wall Street analysts Rio Tinto’s price is currently Undervalued.
Does Rio Tinto pay dividends?
Rio Tinto pays a Annually dividend of €2.38 which represents an annual dividend yield of 6.94%. See more information on Rio Tinto dividends here
What is Rio Tinto’s EPS estimate?
Rio Tinto’s EPS estimate is €3.33.
How many shares outstanding does Rio Tinto have?
Rio Tinto has 1,252,585,100 shares outstanding.
What happened to Rio Tinto’s price movement after its last earnings report?
Rio Tinto reported an EPS of €3.822 in its last earnings report, beating expectations of €3.502. Following the earnings report the stock price went down -1.548%.
Which hedge fund is a major shareholder of Rio Tinto?
Currently, no hedge funds are holding shares in DE:RIO1
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Rio Tinto Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€72.65 (24.14% Upside)
€72.65 (24.14% Upside)
Insider Transactions
Sold Shares
Worth £3.4M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
3.37%
12-Months-Change
Fundamentals
Return on Equity
19.15%
Trailing 12-Months
Asset Growth
1.00%
Trailing 12-Months
Company Description
Rio Tinto
Rio Tinto searches for and extracts a variety of minerals worldwide, with the heaviest concentrations in North America and Australia. Iron ore is the dominant commodity, with significantly lesser contributions from aluminium, copper, diamonds, energy products, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity. Shareholders in each company have equivalent economic and voting rights.
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RIO1 Stock 12 Month Forecast
Average Price Target
€72.65
▲(24.14% Upside)
Technical Analysis
Best Analysts Covering RIO1
1 Year
1 Year Success Rate
27/40 ratings generated profit
1 Year Average Return
+17.82%
reiterated a buy rating 15 days ago
Copying Chris LaFemina's trades and holding each position for 1 Year would result in 67.50% of your transactions generating a profit, with an average return of +17.82% per trade.
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