Shares of Large-cap basic materials company Rio Tinto Plc moved -3.3 this afternoon, and are now trading at $61.2 per share. On the other hand, the average analyst target price for the stock is $80.1.
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide.
Potential Rio Tinto Plc Investors Should Analyze the Following:
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Rio Tinto Plc has moved 14.0% over the last year.
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Its Price to Book (P/B) ratio is 1.92
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Rio Tinto Plc currently returns an annual dividend yield of 6.3%.
Understanding Rio Tinto Plc's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2021-01-01 | 44,611,000 | -624,000 | 40 | 14.29 |
| 2020-01-01 | 43,165,000 | -614,000 | 35 | 12.9 |
| 2019-01-01 | 40,522,000 | -11,578,600 | 31 | -3.12 |
| 2018-01-01 | 40,030,000 | -11,560,000 | 32 | 68.42 |
| 2017-01-01 | 33,781,000 | -11,728,000 | 19 | 11.76 |
| 2016-01-01 | 34,829,000 | -11,939,000 | 17 |
Over the last 6 years, Rio Tinto Plc's operating margins have averaged 29.0%, which is better than the 22.89% Industrial Metals & Mining industry average. We also note that the company's operating margins have a high coefficient of variability at 31.4%. In addition, the firm's margins benefit from a 15.2% yearly growth rate.
