Intelligent Investor

Rio Tinto Limited (ASX: RIO) - Share Price and Research

Current share price for RIO : $128.700 3.85 (2.90%)

Rio Tinto Limited (RIO), an ASX-listed company, is engaged in minerals and metals exploration, development, production, and processing. The Company's Portfolio of assets is condensed into four product groups: Iron Ore, Aluminium, Copper, and Minerals.

RIO General Information +

ASX Code RIO
Website http://www.riotinto.com
Industry/Sector Diversified Metals & Mining
Market Cap ($M) 47,775
RIO Share Price $128.700
Day High $131.770
Day Low $127.910
Last Close $132.550
RIO Share Price Movement $3.85 ( 2.90% )
Prices as at 16:40, 16 Apr 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation

Rio Tinto Limited - RIO
BUY
below Recommendation Locked
HOLD
up to Recommendation Locked
SELL
above Recommendation Locked
Current price
$128.70 at 16:40 (16 April 2024)

Price at review
$114.62 at (05 July 2023)

Max Portfolio Weighting
Maximum Portfolio Weighting Locked

Business Risk
Business Risk Locked

Share Price Risk
Share Price Risk Locked
All Prices are in AUD ($)
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RIO Related Research

Rio Tinto Limited (RIO) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
HFResult $3.93 100% 7 Mar 2024 18 Apr 2024 $128.700 $125.360 4.93%
Result $2.61 100% 10 Aug 2023 21 Sep 2023 $128.700 $125.360 4.93%
HFResult $3.26 100% 9 Mar 2023 20 Apr 2023 $128.700 $125.360 4.93%

See all dividends from Rio Tinto Limited (RIO) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Rio Tinto Limited (RIO) Recent ASX Announcements

Headline Annoucement date/time+ Price at announcement+ Current price+ Price 7D Avg Gain/Loss
Notification regarding unquoted securities - RIO 12 Apr 2024 9:32AM $128.240 $128.700 $125.360 risen by 0.36%
Notification regarding unquoted securities - RIO 12 Apr 2024 9:31AM $128.240 $128.700 $125.360 risen by 0.36%
Notification of cessation of securities - RIO 12 Apr 2024 9:29AM $128.240 $128.700 $125.360 risen by 0.36%
  • + Company announcements and prices are delayed by at least 20 minutes. Prices are indicative only.

See all ASX announcements from Rio Tinto Limited (RIO) or use our ASX Announcements tool to search for announcements across all ASX-listed securities.

RIO Financial Summary

Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2025F $14,717 $902.05 -9.50% 14.27 455.51 3.54% 100.0%
2024F $16,258 $996.52 -8.20% 12.92 501.82 3.90% 100.0%
2023A $17,714 $1,085.74 -8.30% 10.84 655.52 5.57% 100.0%

RIO Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2023 A 2024 F 2025 F 2023 A 2024 F 2025 F 2023 A 2024 F 2025 F
BHP Group (BHP) $232,124M -0.3385 0.1570 -0.0449 11.3244 9.7879 10.2476 5.60% 4.86% 4.25%
Mineral Resources (MIN) $13,921M 0.4175 -0.1335 0.7405 26.0913 30.1127 17.3015 2.66% 1.43% 3.05%
Pilbara Minerals (PLS) $11,738M 3.2804 -0.7719 0.3611 4.9411 21.6667 15.9184 6.41% 0.64% 1.28%
Rio Tinto (RIO) $49,205M -0.1084 -0.0736 -0.0948 13.4519 14.5200 16.0406 4.80% 3.47% 3.15%
South32 (S32) $15,581M -0.6117 -0.6384 0.5522 10.8176 29.9130 19.2717 3.58% 1.28% 1.94%

RIO Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 2.08 13.40 2.62 0.00
Market 0.64 16.40 1.38 1.28
Sector 1.38 14.70 1.03 0.32

RIO Directors

Name Position Start Date
Mr Peter Lloyd Cunningham Chief Financial Officer, Executive Director 17 Jun 2021
Mr Jakob Stausholm Executive Director, Chief Executive Officer 3 Sep 2018
Ms Ngaire Tui Woods Non-Executive Director 1 Sep 2020
Mr Sam Laidlaw Non-Executive Director 10 Feb 2017
Mr Simon Henry Non-Executive Director 1 Apr 2017
Ms Susan Lloyd-Hurwitz Non-Executive Director 1 Jun 2023
Ms Jennifer Anne Nason Non-Executive Director 1 Mar 2020
Mr Benjamin (Ben) Sana Wyatt Non-Executive Director 1 Sep 2021
Ms Kaisa Hietala Non-Executive Director 1 Mar 2023
Mr Dean Dalla Valle Non-Executive Director 1 Jun 2023
Mr James(Joc) O Rourke Non-Executive Director 25 Oct 2023
Ms Martina Merz Non-Executive Director 1 Feb 2024
Mr Dominic Barton Non-Executive Director, Non-Executive Chairman 4 Apr 2022
Mr Simon Vincent McKeon Non-Executive Director, Senior Independent Director 1 Jan 2019

Rio Tinto Limited (RIO) Changes in Directors' Interest & Trades

Date of change Director Buy/Sell Security Type Qty Trade Price Value
6 Mar 2024 VALLE, Dean Buy Indirect Shares 40 $123.000 $4,920.000
6 Mar 2024 VALLE, Dean Buy Indirect Shares 123 $120.973 $14,879.720
17 Aug 2023 WYATT, Benjamin (Ben) Buy Direct Shares 100 $103.252 $10,325.170

See all changes in directors' interest & trades for Rio Tinto Limited (RIO) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

RIO Management

Name Position
Alf Barrios Chief Commercial Officer
Kellie Parker Chief Executive Australia
Simon Trott Chief Executive Iron Ore
Jerome Pecresse Chief Executive, Aluminium
Bold Baatar Chief Executive, Copper
Sinead Kaufman Chief Executive, Minerals
Isabelle Deschamps Chief Legal Officer Governance and Corporate Affairs
James Martin Chief People Officer
Mark Davies Chief Technical Officer
Stephen (Steve) Allen Company Secretary
Timothy (Tim) Paine Joint Company Secretary

RIO Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Rio Tinto Limited (RIO). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding Name
182,550,329 (10.32%) Shining Prospect Pte Ltd
26,031,175 (7.01%) BlackRock Group
23,628,115 (6.37%) State Street Corporation and subsidiaries
18,564,679 (5%) The Vanguard Group,Inc

RIO Calendar of Events

Date Event
19 February 2025 Report (Annual)
19 February 2025 Report (Prelim)
14 January 2025 Report (Quarterly)
15 October 2024 Report (Quarterly)
24 July 2024 Report (Interim)
17 July 2024 Report (Quarterly)
02 May 2024 AGM
18 April 2024 Div Pay Date
18 April 2024 Report (Quarterly)

FAQs about Rio Tinto Limited (RIO)

Rio Tinto Limited's (RIO) current share price is $128.70. This constitutes a price movement of 2.66% when compared to the share price 7 days ago and is -5.76% below RIO's 12-month high of $136.57 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $132.55, Rio Tinto Limited's (RIO) current share price of $128.70 constitutes a movement of -$3.85 or -2.90%. Rio Tinto Limited's (RIO) share price movement is 2.66% when compared to 7 days ago and is -5.76% below RIO's 52-week high of $136.57.

Rio Tinto Limited's (RIO) 52-week high is $136.57 which was reached on 2 Jan 2024. Relative to this, RIO's current share price of $128.70 constitutes a -$7.87 or -5.76% drop since that high of $136.57 per RIO share.

Rio Tinto Limited's (RIO) 52-week low is $103.65 which was reached on 16 Aug 2023. Relative to this, RIO's current share price of $128.70 constitutes a $25.05 or 24.17% gain since that low of $103.65 per RIO share.

Over the last 12 months, Rio Tinto Limited (RIO) has a daily average trading volume of 1,273,010 RIO shares per day.

Rio Tinto Limited (RIO) has a current dividend yield of n/a this year. Last year's dividend yield was 4.80%. The dividend yield for RIO is a ratio that tells you the percentage of Rio Tinto Limited's (RIO) share price that it pays out in dividends each year.

Rio Tinto Limited (RIO) last dividend payment was $2.61 per share and was paid on 21 Sep 2023. This last RIO dividend included 100% franking. The next dividend payment for Rio Tinto Limited (RIO) is due on 18 Apr 2024.

Rio Tinto Limited (RIO) pays its next dividend on 18 Apr 2024 and goes ex-dividend date on 7 Mar 2024. Rio Tinto Limited's (RIO) last dividend was $2.61, with franking of 100%, and was paid on 21 Sep 2023.

Rio Tinto Limited (RIO) has a franking level of 100%. Franking represents the tax Rio Tinto Limited (RIO) has already paid on any profit it distributes to shareholders as a dividend. Rio Tinto Limited (RIO) pays its next dividend on 18 Apr 2024.

Rio Tinto Limited (RIO) will release its next Annual Report on 19 February 2025. Rio Tinto Limited's (RIO) last annual report was released on 21 Feb 2024. Click here to view Rio Tinto Limited's (RIO) last annual report.

Rio Tinto Limited (RIO) is classified as Materials. Other companies in this sector include BHP Group Limited (BHP), Fortescue Ltd (FMG), James Hardie Industries Plc (JHX), and Northern Star Resources Ltd (NST).

The price-to-earnings (P/E) ratio for Rio Tinto Limited (RIO) is 13.4. The price-to-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of Rio Tinto Limited's (RIO) share price to its earnings per RIO share.

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