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Bullboard - Stock Discussion Forum Rio Tinto ADR Reptg One Ord Shs RIO

Alternate Symbol(s):  RTNTF | RTPPF

Rio Tinto plc is a United Kingdom-based mining and metals company. It operates in 35 countries and its portfolio includes iron ore, copper, aluminum and a range of other minerals and materials. Its segments include Iron Ore, Aluminum, Copper, and Minerals. Iron Ore segment includes iron ore mining and salt and gypsum production in Western Australia. Its iron ore operations in the Pilbara... see more

NYSE:RIO - Post Discussion

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Post by KnaveofDiamonds on Sep 17, 2021 12:14pm

67.50

At 67.50 this stock has basically been a falling knife since the end of July. I believe a large part of this is due to investor sentiment. Rio needs to restore investor confidence by changing their corporate strategy. Working around the globe and consistently trying to leverage and complete back handed deals with juniors and basically any entity involved with this company is going to push this company down another 20-30%.
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