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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 ecolo101 on Nov 25, 2024 8:49am

Going back up

Slowly but surely. With a P/E ratio at around 9, It is a good entrance point. 

Plus this year to date financial shows strong profits to pay for the next March dividend. Obviously SP to go way higher than current level.
Annual dividend 6.8%.

also migration from gas to EV is a solid trend over the next decade. More Copper, more Aluminium, more lithium which it just acquired.

dyodd
glta

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