Large-cap Basic Materials company Rio Tinto Plc has logged a 0.8% change today on a trading volume of 1,391,333. The average volume for the stock is 3,264,188.
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. Based in London, United Kingdom the company has 54,000 full time employees and a market cap of $106,023,174,144. Rio Tinto Plc currently offers its equity investors a dividend that yields 7.7% per year.
The company is now trading -16.2% away from its average analyst target price of $76.35 per share. The 4 analysts following the stock have set target prices ranging from $67.9 to $90.0, and on average give Rio Tinto Plc a rating of buy.
Over the last year, RIO shares have gone up 0.8%, which represents a difference of -11.0% when compared to the S&P 500. The stock's 52 week high is $80.52 per share whereas its 52 week low is $50.92. Based on Rio Tinto Plc's compounded average operating margin growth of 0.3% over the last 4 years, its core business remains strong and its strong stock performance may continue in the long term.
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 55,554,000 | 21,284,000 | 61.69 | -12.83 |
| 2021-12-31 | 63,495,000 | 18,561,000 | 70.77 | 8.39 |
| 2020-12-31 | 44,611,000 | 15,485,000 | 65.29 | 5.34 |
| 2019-12-31 | 43,165,000 | 16,412,000 | 61.98 | n/a |
