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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

Rio Tinto ADR Reptg One Ord Shs > Strong Day with 5% gain
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Post by ecolo101 on Dec 09, 2024 2:04pm

Strong Day with 5% gain

Rio Tinto is a good place to invest on commodity. Lithium and copper will be needed as well as aluminium for the next decade. It is highly profitable with a solid debt management leading to perfect balance sheet. With current P/E ratio at 9,the entrance Price is reasonable.
with annual dividend yield at 6.6% It is way better than many other investment.

gla
dyodd
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