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Rio Tinto (RIO)

(Delayed Data from NYSE)

$64.43 USD

64.43
4,745,981

-3.04 (-4.51%)

Updated Nov 8, 2024 04:00 PM ET

After-Market: $64.43 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value B Growth D Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 30% (175 out of 250)

Industry: Mining - Miscellaneous

Zacks News

Wall Street Analysts Think Rio Tinto (RIO) Is a Good Investment: Is It?

According to the average brokerage recommendation (ABR), one should invest in Rio Tinto (RIO). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Should First Trust Value Line Dividend ETF (FVD) Be on Your Investing Radar?

Style Box ETF report for FVD

BHP Q1 Iron Ore Production Rises 2% Y/Y, Copper Increases 4%

BHP reports iron ore production of around 65 Mt in the first quarter of fiscal 2025. The miner expects production in fiscal 2025 to be between 255 Mt and 265.5 Mt.

Vale Reports Y/Y Increases in Iron Ore, Copper & Nickel Output in Q3

VALE delivers third-quarter iron ore production of around 91 Mt, and reiterates its 2024 iron ore production goal between 323 Mt and 330 Mt.

Company News for Oct 10, 2024

Companies in The News Are: HELE,BAALTM,RIO,MSFT

Rio Tinto Confirms Acquisition Offer for Arcadium Lithium

RIO confirms that it is in discussions to acquire Arcadium Lithium in a bid to grow its lithium portfolio.

Rio Tinto (RIO) Is Considered a Good Investment by Brokers: Is That True?

According to the average brokerage recommendation (ABR), one should invest in Rio Tinto (RIO). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Rio Tinto Completes the Acquisition of 11.65% Stake in Boyne Smelters

RIO acquires Mitsubishi's 11.65% interest in Boyne Smelters, taking its interest in the venture to 71.04%.

Madhurima Das headshot

Rio Tinto's Share Price Increases 10% in a Week: How to Play It?

The RIO stock gains 10% in a weak and is trading at a 5% discount to its 52-week high. Let us take a look at its fundamentals to know whether investors should expect more gains.

BHP to Test CAT's Groundbreaking Energy Transfer System at Its Mines

BHP announces plans to trial Caterpillar's Dynamic Energy Transfer system on battery electric and diesel-electric mining trucks at its sites.

Fortescue Inks $2.8B Deal to Buy Zero Emission Machines From Liebherr

FSUGY is set to buy 475 emissions-free machines from Liebherr for $2.8 billion. It aims to decarbonize its entire iron ore mining operations by 2030.

Uranium Energy Inks Deal to Buy Rio Tinto's Wyoming Uranium Assets

UEC is set to purchase uranium assets in Wyoming from Rio Tinto for $175 million as part of their expansion strategy in the United States.

RIO to Test Biofuel Crop for Renewable Diesel Production in Australia

Rio Tinto announces a biofuel pilot in Australia that will explore the use of Pongamia seed oil as a feedstock for renewable diesel.

Is It Worth Investing in Rio Tinto (RIO) Based on Wall Street's Bullish Views?

The average brokerage recommendation (ABR) for Rio Tinto (RIO) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

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Should You Snap Up Albemarle Stock After 14% Rally in a Week?

While ALB benefits from higher lithium volumes and actions to boost its global lithium conversion capacity, lower lithium prices weigh on its prospects.

Is Rio Tinto (RIO) a Buy as Wall Street Analysts Look Optimistic?

According to the average brokerage recommendation (ABR), one should invest in Rio Tinto (RIO). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Madhurima Das headshot

VALE Moves Above 50-Day SMA on CEO Appointment: Time to Buy the Stock?

VALE shares gain on the announcement of Gustavo Pimenta as the CEO. We analyze whether this is a good time to invest in the stock.

Madhurima Das headshot

VALE Declines 34.3% YTD: How Should You Play the Stock?

VALE's YTD share price performance has been unimpressive. We assess the stock to determine whether it presents a good investment opportunity.

Is Rio Tinto (RIO) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

BHP Reports Record Iron Ore Production in FY24, Copper Up 9%

BHP reports iron ore production of 260 Mt in fiscal 2024. The miner expects production in fiscal 2025 between 255 and 265.5 Mt.

VALE's Q2 Iron Ore Output Up 2% Y/Y, Copper and Nickel Lags

VALE delivers second-quarter iron ore production of around 80.6 Mt and reiterates its 2024 iron ore production goal between 310 Mt and 320 Mt.

Rio Tinto (RIO) Reports a 2% Decline in Q2 Iron Ore Production

Rio Tinto (RIO) reports 80.3 Mt of iron ore shipments and production of 79.5 Mt in Q2. Both are lower than expectations due to a train derailment in mid-May.

Rio Tinto (RIO) Builds Solar Power Plant at Diavik Mine

Rio Tinto (RIO) builds a solar power plant that will power its Diavik Diamond Mine in Canada and help cut down annual diesel consumption at the mine by 1 million liters per year.

BHP Seeks Approval for Electric Trolley System at Escondida

BHP seeks a permit from Chile's environmental regulator to build a $250-million electric trolley system at Escondida. It is set to cut down diesel consumption and improve truck performance.

Rio Tinto (RIO) Invests $179M in Carbon-Free Aluminum JV

Rio Tinto (RIO) is set to deploy carbon-free aluminum smelting cells using the first ELYSIS license at its smelter in Canada, a significant step in its efforts to decarbonize its aluminum operations.