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Rio Tinto: Rio Tinto Plc
built 277 days ago
Rio Tinto plc (RTP) opened at 327.84. So far today, the stock has hit a low of 325.56 and a high of 333.51. RTP is now trading at 331.23, down 9.91 (-3.02%). The stock hit its 52 week high of 375.79 in October and set its 52 week low of 192.86 in January. RTP rose for most of the past year, but is losing some ground recently. Shares of Rio Tinto have been slipping today after a Citigroup analyst cut his rating on the stock to "Hold" from "Buy."
Rio Tinto plc engages in exploring, mining, and processing of a range of metals and minerals. The company's products include alumina, aluminum, and bauxite; borates; coal; copper; diamonds; gold and silver; gypsum; iron ore; molybdenum; salt; sulphuric acid; talc; titanium dioxide; uranium; and nickel, potash, lead, and zinc. It has operations primarily in Australia, North America, South America, Asia, Europe, and southern Africa. The company was founded in 1873 and is headquartered in London, the United Kingdom.
Dow Jones reported that Barrick Gold Corp. plans to buy Rio Tinto PLC's (RTP) stake in the Cortez gold mining operations in Nevada. Barrick Gold Corp. has 60% interest in Cortez gold mining operations.
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