Rio Tinto logged a -1.5% change during today's afternoon session, and is now trading at a price of $63.62 per share. The S&P 500 index moved 0.0%. RIO's trading volume is 1,800,585 compared to the stock's average volume of 3,551,400.
Rio Tinto trades -15.85% away from its average analyst target price of $75.6 per share. The 4 analysts following the stock have set target prices ranging from $67.9 to $87.0, and on average have given Rio Tinto a rating of buy.
If you are considering an investment in RIO, you'll want to know the following:
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Rio Tinto's current price is -14.1% below its Graham number of $74.02, which implies the stock has a margin of safety
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Rio Tinto has moved -6.2% over the last year, and the S&P 500 logged a change of 14.6%
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Based on its trailing earnings per share of 7.62, Rio Tinto has a trailing 12 month Price to Earnings (P/E) ratio of 8.3 while the S&P 500 average is 15.97
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RIO has a forward P/E ratio of 15.1 based on its forward 12 month price to earnings (EPS) of $4.21 per share
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Its Price to Book (P/B) ratio is 2.05 compared to its sector average of 2.08
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Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide.
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Based in London, the company has 54,000 full time employees and a market cap of $103.19 Billion. Rio Tinto currently returns an annual dividend yield of 7.6%.