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Rio Tinto plc (ADR) (NYSE:RIO) has been upgraded to Strong-Buy in a statement by ValuEngine earlier today.

Boasting a price of $43.14, Rio Tinto plc (ADR) (NYSE:RIO) traded -1.68% lower on the day. With the last stock price close up 5.88% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Rio Tinto plc (ADR) has recorded a 50-day average of $44.54 and a two hundred day average of $42.13. Volume of trade was up over the average, with 5,583,534 shares of RIO changing hands over the typical 3,334,120

ValuEngine has upgraded Rio Tinto plc (ADR) (NYSE:RIO) to Strong-Buy in a statement released on 07/06/2017.

Performance Chart

Rio Tinto plc (ADR) (NYSE:RIO)

With a total market value of $0, Rio Tinto plc (ADR) has price-earnings ratio of 13.01 with a one year low of $29.62 and a one year high of $48.03 .

A total of 4 equity analysts have released a ratings update on RIO. Three equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, one equity analyst rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $34.15.

Brief Synopsis 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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