Shares of Rio Tinto Plc have moved 2.5% today, and are now trading at a price of $68.99. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 423,436 compared to the stock's average volume of 2,752,547.
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 $113,729,323,008. Rio Tinto Plc currently offers its equity investors a dividend that yields 6.0% per year.
The company is now trading -19.9% away from its average analyst target price of $86.13 per share. The 4 analysts following the stock have set target prices ranging from $79.0 to $98.0, and on average give Rio Tinto Plc a rating of buy.
Over the last 12 months RIO shares have declined by -14.8%, which represents a difference of -35.6% when compared to the S&P 500. The stock's 52 week high is $80.52 per share and its 52 week low is $58.27. With its net margins declining an average -9.6% over the last 5 years, Rio Tinto Plc declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 26,667,000 | 4,947,000 | 19 | -20.83 |
| 2022 | 55,554,000 | 13,076,000 | 24 | -33.33 |
| 2021 | 63,495,000 | 22,575,000 | 36 | 56.52 |
| 2020 | 44,611,000 | 10,400,000 | 23 | 43.75 |
| 2019 | 43,165,000 | 6,972,000 | 16 | -52.94 |
| 2018 | 40,522,000 | 13,925,000 | 34 |
