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Rio Tinto plc (ADR) (NYSE:RIO) has been downgraded to Strong Sell in a statement by Zacks Investment Research earlier today.

Having a price of $38.00, Rio Tinto plc (ADR) (NYSE:RIO) traded -0.69% lower on the day. With the last stock price close down 11.71% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same time period. The company has recorded a 50-day moving average of $47.15 and a 200-day moving average of $42.64. 3,392,007 shares of the stock traded hands, up from an average trading volume of 3,375,150

Zacks Investment Research has downgraded Rio Tinto plc (ADR) (NYSE:RIO) to Strong Sell in a statement released on 6/21/2017.

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Rio Tinto plc (ADR) (NYSE:RIO)

Rio Tinto plc (ADR) has a 52 week low of $30.69 and a 52 week high of $49.89 with a P/E ratio of 13.89 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 4 brokers have issued a report on the company. The average stock price target is $34.15 with 3 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 1 broker rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Rio Tinto plc (ADR) (NYSE:RIO)

Rio Tinto plc is a mining and metals company. The Company's business is finding, mining and processing mineral resources. The Company's segments include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations. The Company operates an iron ore business, supplying the global seaborne iron ore trade. Its Iron Ore product operations are located in the Pilbara region of Western Australia. The Aluminium business includes bauxite mines, alumina refineries and aluminum smelters. Its bauxite mines are located in Australia, Brazil and Guinea. The Copper & Diamonds segment has managed operations in Australia, Canada, Mongolia and the United States, and non-managed operations in Chile and Indonesia. The Energy & Minerals segment consists of mining, refining and marketing operations in over 10 countries, across six sectors: borates, coal, iron ore concentrate and pellets, salt, titanium dioxide and uranium.

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