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RIO Rio Tinto Plc

4,952.50
66.50 (1.36%)
Last Updated: 08:26:53
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rio Tinto Plc LSE:RIO London Ordinary Share GB0007188757 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  66.50 1.36% 4,952.50 4,951.50 4,953.00 4,969.00 4,934.50 4,935.00 265,203 08:26:53
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 54.86B 10.06B 6.1815 7.90 79.5B
Rio Tinto Plc is listed in the Miscellaneous Metal Ores sector of the London Stock Exchange with ticker RIO. The last closing price for Rio Tinto was 4,886p. Over the last year, Rio Tinto shares have traded in a share price range of 4,509.50p to 5,910.00p.

Rio Tinto currently has 1,627,108,312 shares in issue. The market capitalisation of Rio Tinto is £79.50 billion. Rio Tinto has a price to earnings ratio (PE ratio) of 7.90.

Rio Tinto Share Discussion Threads

Showing 56876 to 56897 of 64150 messages
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DateSubjectAuthorDiscuss
07/6/2019
18:15
I worked this all out years ago that Forex is like a massive gearbox and there were 3 massive cogs, being the EUR, GBP and USD and all the other currencies were smaller cogs to the gearbox and turn more frequently. It may actually be better for me to make my analysis taking Iron ore into the major factor of Rio earnings to watch cable rather than the GBP/AUD
turvart
07/6/2019
17:56
so we hope that the australian dollar remains stronger than sterling and the australian economy strengthens again

also that trump stops his economic and geo political negative war tweets

so that metal prices and demands rise

sarkasm
07/6/2019
17:56
Forex actually makes a massive difference in trading just look when Sterling weakens with USD and AZN, BP. Comes up, there is no difference or should be no difference if Rio is has their earnings priced in AUD.

Iron ore is actually priced in USD so if Rio has their earnings priced in AUD then when the AUD is getting stronger against USD then Rio are getting better earnings, this price drop is not making sense to me.

turvart
07/6/2019
17:47
Turvart
7 Jun '19 - 18:38 - 334 of 334
0 0 0
The Grumpy old men,

I used to trade forex regular and it always baffled me that things went the wrong way to what they should, I came to the conclusion that 90% of people don’t know how to get it the right way around, I nearly traded in opposite direction to my understanding but my instinct wouldn’t let me so I packed it in, I’m still convinced to this day 90% of people don’t actually know which way around it should be.



whats your point

90pc means nothing

what we should be asking is what factors are stronger than currency impacts
and will it impact for the the short,medium or longterm

the grumpy old men
07/6/2019
17:38
The Grumpy old men,

I used to trade forex regular and it always baffled me that things went the wrong way to what they should, I came to the conclusion that 90% of people don’t know how to get it the right way around, I nearly traded in opposite direction to my understanding but my instinct wouldn’t let me so I packed it in, I’m still convinced to this day 90% of people don’t actually know which way around it should be.

When Rio hit 4820, GBP/AUD was over 1.87, now Rio is just over 4518 with GBP/AUD around 1.82, seriously make sense if the earnings are priced in AUD.

turvart
07/6/2019
17:31
Turvart
7 Jun '19 - 18:03 - 332 of 332
0 0 0
I need some help to clarify the forex side of Rio.

Upon my research are the earnings priced in AUD? Or am I mistaken?, if the earnings are priced in AUD, then I have noticed this trend: When Sterling gets stronger with AUD then Rio seems to go up rather than down and viceversa when Sterling gets weaker against AUD, Rio goes down. This should be the other way around.



TEND TO AGREE

IF A$ STRENGTHENS AGAINST THE GBP THEN THE GBP share price SHOULD GO UP

NOT EASY TO SEE BUT BASE REPORTING CURRENCY SEEMS TO BE AUSTRALIAN DOLLAR


Could there be other reasons for the distortion of the correlation that has a stronger incidence on the uk sp


if the gbpound strengthens once the brexit fiasco is over than inaccordence with your theory the uk share price might well drop
unless of course Trump stops his trade wars and helps economies get back on track

the grumpy old men
07/6/2019
17:03
I need some help to clarify the forex side of Rio.

Upon my research are the earnings priced in AUD? Or am I mistaken?, if the earnings are priced in AUD, then I have noticed this trend: When Sterling gets stronger with AUD then Rio seems to go up rather than down and viceversa when Sterling gets weaker against AUD, Rio goes down. This should be the other way around.

turvart
07/6/2019
16:54
The Grumpy old Men,

Thanks for the link, appreciated!

P.S, great to see Gold bullish!

turvart
07/6/2019
16:34
I’m very surprised by the Barclays downgrade, here is why.

I actually invest through Barclays smart investor account and read their Analysis of which is put together by multiple brokers ( Ok I realise they aren’t all from Barclays).

Here is the analysis from my Barclays smart investor compiled by 28 brokers.

Latest: Buy = 39%, Hold = 39%, sell = 21%, consensus = Hold.

30 days ago = Exactly as above.

90 days ago: Buy = 54%, hold = 29%, sell = 18%, consensus = Hold.

So my smart investor account is saying hold, they have their opinion but the other brokers have theirs and even in the smart investor analysis it’s still Hold.

No offence to Barclays because I like trading with them, they offer a great service, but I will consider the latest downgrade pure noise!

Rio is a strong Buy IMO.

turvart
07/6/2019
15:55
Iron Ore 97.78 USD 0.02(0.02%)

Gold COMEX 1,348.10 +0.40%
Silver COMEX 15.06 +1.04%
Platinum NYMEX 805.10 +0.17%
Copper COMEX 2.62 -1.08%
Brent Crude Oil NYMEX 62.92 +2.03%
Gasoline NYMEX 1.70 +0.95%
Natural Gas NYMEX 2.34 +0.47%
(WTI) 53.46 USD +0.47%

Rio Tinto
4,513.5 -0.55%

Anglo American
1,973.8 +1.75%

Glencore
260.7 -0.21%

(BHP) 1825.1 GBp +1.15%

RIO stays put in the 4400 to 4600p BOX

waldron
07/6/2019
10:22
DIRECTORS TALK

Rio Tinto plc 10.7% Potential Decrease Indicated by Barclays Capital

Posted by: Amilia Stone 7th June 2019

Rio Tinto plc with EPIC/TICKER (LON:RIO) had its stock rating noted as ‘Downgrades217; with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at Barclays Capital. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. Barclays Capital have set their target price at 4000 GBX on its stock. This indicates the analyst believes there is a potential downside of -10.7% from the opening price of 4478 GBX. Over the last 30 and 90 trading days the company share price has increased 56 points and increased 335 points respectively. The 1 year high stock price is 4821 GBX while the year low share price is currently 3460 GBX.

Rio Tinto plc has a 50 day moving average of 4,609.79 GBX and the 200 Day Moving Average price is recorded at 4,108.85. There are currently 1,261,305,013 shares in issue with the average daily volume traded being 3,023,103. Market capitalisation for LON:RIO is £56,828,097,360 GBP.

grupo guitarlumber
07/6/2019
09:56
Barclays Capital Underweight reduces target from 4,150.00 to 4,000.00 Downgrades
sarkasm
07/6/2019
09:30
Onsite Rental Group seals Rio Tinto Iron Ore equipment contract
Posted by Daniel Gleeson on 7th June 2019

Rio Tinto says it has awarded a contract worth close to A$30 million ($21 million) to Onsite Rental Group to provide ancillary and light mobile equipment (LME) over the next three years to the iron ore division’s Pilbara mines and Coastal operations.

Onsite is established in the Pilbara and will provide on the ground support through its offices in Karratha, Tom Price, Newman and Port Hedland, as well as its office in Perth, Rio said.

“The equipment will support maintenance activities across Rio Tinto Iron Ore’s Pilbara mines and Coastal operations and includes access platforms, telehandlers, lighting towers and generators,” the miner added.

Onsite has committed to provide local employment opportunities, boost indigenous engagement, deliver apprenticeships and training, as well as establish diversity programs, according to Rio.

Rio Tinto Iron Ore Managing Director Supply Chain Services, Ivan Vella, said: “Rio Tinto’s procurement practices, and those of our contractors, play a significant role in the creation of sustainable and resilient communities, including job opportunities for local people, which ultimately benefits the communities where we operate.”

Onsite Rental Group Managing Director, Mike Foureur, said the company plans to increase local employment, particularly for service technicians based out of Newman and Tom Price, to service this contract.

“We will work closely with Rio Tinto to align, commit and grow local content and indigenous participation through partnering and supplier opportunities within the Pilbara region,” he said.

grupo
07/6/2019
09:27
Bauxite Mining Market 2019-2025 By Alcoa Corporation, Rio Tinto Plc, National Aluminium Company Limited, Australian Bauxite Ltd.
Robin — June 7, 2019 in Chemicals

The analysts forecast the Bauxite Mining Market is expected to grow worth of USD + 20,662 Million and at a CAGR of +7% over the forecast period 2019-2025.

The Research Insights has published an effective statistical data titled as “Global Bauxite Mining market 2019-2025”. Various attributes are considered while curating the report, such as investors, share market, and budget of the industries. The market dynamics such, drivers, restraints and opportunities have been presented to give a clear idea of various ups and downs. The report of global Bauxite Mining market is assembled by leading both primary as well as secondary research techniques.

Bauxite is a silt rock, which contains of high aluminum content. It is the major source of aluminum in the world. Bauxite primarily comprises minerals such as boehmite, gibbsite, hematite, goethite, ilmenite, and anatase. Bauxite mining activities will increase and are expected to gain significant traction in the upcoming years. Furthermore, growing adoption of aluminum products across the globe owing to their light weight and other such properties will be a key driver for the Bauxite Mining market.

Request a Sample PDF of this Report @:



Top Key Players:

Alcoa Corporation, Rio Tinto Plc, National Aluminium Company Limited, Australian Bauxite Ltd, Gujarat Mineral Development Corporation Ltd, Norsk Hydro ASA, Metro Mining Ltd, ASHAPURA GROUP OF INDUSTRIES, The Aluminium Corporation of China and United Company Rusal PLC

Asia Pacific is one of the most noticeable regions in the global Bauxite Mining market. In terms of consumption, the region is estimated to hold more than 79% share in the global Bauxite Mining market by the end of 2025. Moreover, growing demand for aluminum products in the region can be attributed to infrastructural development and rapid establishment of various industries.

grupo
07/6/2019
07:46
Rio Tinto
4,499 -0.87%

grupo
07/6/2019
06:22
Apparently Barclays reduces recommendation to Underweight
grupo
07/6/2019
06:16
StanChart chairman: It’s grown more likely that the world will split in two
Published 2 hours agoUpdated an hour ago
Yen Nee Lee
@YenNee_Lee




Key Points

It’s become increasingly likely that the world will split in two on the back of rising tensions between the U.S. and China, said Jose Vinals, group chairman at Standard Chartered Bank.
He predicted that some countries and companies would operate to western globalization standards, while others would follow eastern norms.
Vinals is not the only business executive that has warned of a potential split in the world. Former Google CEO Eric Schmidt said last year that there would be two distinct internets in the next decade.

waldron
07/6/2019
06:16
Still luke warm:-



Up 1.1% in Oz

podgyted
06/6/2019
21:23
Moving average strategies, on the other hand, emphasize what already happened in the rear view mirror. That's no way to drive your portfolio, especially in 2019.
the grumpy old men
06/6/2019
19:02
LOL


Will leave that for you,you being their greatest fan

the grumpy old men
06/6/2019
18:59
Well these RNS’s are sent out and I like to read them, so yes “good for me” why don’t you Email investor relations and tell them the same?
turvart
06/6/2019
18:52
Turvart
6 Jun '19 - 19:48 - 313 of 313
0 0 0
The Grumpy old men,

Have you been on the Rio website and read the 16 page pdf on today’s RNS of drill results? I went on it and read all 16 pages.



good for you

THEY DO SAY YOU WILL HAVE TO WAIT TO OCTOBER TO GET TRULY RELIABLE INFO THOUGH

the grumpy old men
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