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Rio Tinto (RIO)

(Delayed Data from NYSE)

$65.06 USD

65.06
2,229,349

+0.73 (1.13%)

Updated Jul 26, 2024 04:00 PM ET

After-Market: $65.05 -0.01 (-0.02%) 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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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2-Buy of 5   2      

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 B 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 25% (189 out of 251)

Industry: Mining - Miscellaneous

Better trading starts here.

Zacks News

RIO vs. MP: Which Stock Is the Better Value Option?

RIO vs. MP: Which Stock Is the Better Value Option?

Rio Tinto (RIO) Kennecott Operations to Run on Renewable Diesel

Rio Tinto (RIO) will fully transition its Kennecott operations to renewable diesel in the first quarter of 2024, which will help lower its carbon footprint.

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

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?

Rio Tinto (RIO) Teams With Giampaolo for Aluminum Recycling

Rio Tinto (RIO) invests $700 million in Giampaolo Group's Matalco business, which is in sync with its efforts to increase the production of high-quality, low-carbon aluminum.

Wall Street Analysts See Rio Tinto (RIO) as a Buy: Should You Invest?

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?

Teck Resources (TECK) Q3 Coal Volume Dips Y/Y Due to Wildfire

Teck Resources' (TECK) third-quarter 2023 steelmaking coal sales dip year over year and fall short of the company's expectations.

Vale (VALE) Q3 Iron Ore Production Declines 4% Year Over Year

Vale S.A (VALE) reports a 4% decline in iron ore production but maintains its iron ore production guidance for 2023 at 310-320 Mt.

BHP Group (BHP) Iron Ore Production in Q1 Falls 3% Y/Y

BHP Group???s (BHP) iron ore production dips 3% year over year in the first quarter of fiscal 2024. The company maintains iron ore production guidance for fiscal 2024 at 254-264.5 Mt.

Should Value Investors Buy Rio Tinto (RIO) Stock?

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.

Should Value Investors Buy Anglo American (NGLOY) Stock?

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.

Should You Invest in Rio Tinto (RIO) Based on Bullish Wall Street Views?

Based on the average brokerage recommendation (ABR), Rio Tinto (RIO) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Pan American Silver (PAAS) Divests Assets to Optimize Portfolio

Pan American Silver (PAAS) completes the previously announced divestment of its MARA project in Argentina and the Morococha mine in Peru.

Wall Street Analysts Look Bullish on Rio Tinto (RIO): Should You Buy?

Based on the average brokerage recommendation (ABR), Rio Tinto (RIO) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Rio Tinto (RIO), First Quantum Join Forces to Develop La Granja

Rio Tinto (RIO) is partnering with First Quantum Minerals to develop the promising La Granja copper project in Peru.

Rio Tinto (RIO) Renews Agreement for QMM Mine in Madagascar

Rio Tinto (RIO) and the government of Madagascar reach an agreement supporting the long-term operation of QMM and providing certainty for Rio Tinto on the financial arrangements.

Rio Tinto (RIO) to Build Solar Power Plant in North Canada

Rio Tinto (RIO) will build a solar power plant to power its Diavik Diamond Mine in Canada.

BHP Group's (BHP) FY23 Iron Ore Production Increases 1% Y/Y

BHP Group (BHP) produces 257 Mt of iron ore in fiscal 2023. It expects to produce 254-264.5 Mt of iron ore in fiscal 2024.

Vale (VALE) Reports 6% Y/Y Increase in Q2 Iron Ore Output

Vale (VALE) witnesses 6% growth in Q2 iron ore production, courtesy of a record performance at S11D. The company maintains its iron ore production guidance at 310-320 million tons for 2023.

Rio Tinto (RIO) & Sumitomo to Build Hydrogen Pilot Plant

Rio Tinto (RIO) forms a joint venture with Sumitomo to build a first-of-a-kind hydrogen plant to achieve lower-carbon alumina refining.

Rio Tinto (RIO) Invests in Kennecott to Boost Copper Supply

Rio Tinto (RIO) is investing in its Kennecott operation in the United States, which will boost its copper output.

Sandstorm Gold (SAND) Provides an Update on Its Asset Portfolio

Sandstorm Gold (SAND) completes the sale of its Antamina copper mine and provides an update on various assets.

Rio Tinto (RIO), Gemco Partner to Build Rail Car in Pilbara

Rio Tinto (RIO) collaborates with Gemco to bring rail car manufacturing to Pilbara.

Rio Tinto's (RIO) Boron Mine Transitions to Renewable Diesel

Rio Tinto (RIO) has announced that all the heavy machinery at its Boron operation have been successfully transitioned to run on renewable diesel.

Rio Tinto (RIO) to Invest $395M in Water Desalination Plant

Rio Tinto (RIO) plans to invest in a desalination plant in Pilbara that will supply water to the company in future.

BHP Group (BHP) & Microsoft Team Up to Use AI at Escondida

BHP Group's (BHP) collaboration with Microsoft will help improve copper recovery at the Escondida mine with the help of artificial intelligence and machine learning.