Rio Tinto
RIO: 3,240.00 21.50 (▲0.67%)
| Bid Price | 3,244.00 | High Price | 3,276.00 |
|---|---|---|---|
| Ask Price | 3,245.00 | Low Price | 3,220.00 |
| Open Price | 3,240.00 | Spread | 0.03% |
| Prev Close | 3,245.00 | Volume | 4,485,164.00 |
Rio Tinto Share Price Chart
Intraday
Historic – 1 year
Rio Tinto Share Price Information
| Name | Rio Tinto | Epic | RIO |
|---|---|---|---|
| Sector | Mining | ISIN | GB0007188757 |
| Activites | Rio Tinto is a world leader in finding, mining and processing the earth’s mineral resources. The Group’s worldwide operations supply essential minerals and metals that help to meet global needs and contribute to improvements in living standards. Rio Tinto encourages strong local identities and has a devolved management philosophy, entrusting responsibility with accountability to the workplace. Major products include aluminium, copper, diamonds, energy products (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt, talc and zircon), and iron ore. The Group’s activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa. Rio Tinto comprises wholly owned subsidiaries (such as Borax, Comalco, Hamersley, Rio Tinto Coal Australia, Kennecott and Rio Tinto Iron & Titanium), partly owned subsidiaries (Coal & Allied and Palabora) and non-managed, (Escondida) and joint ventures (Grasberg) in which public shareholders, other companies or governments are partners. | Security Type | Equity |
Key numbers
| Latest Share Price (p) | 3,245.00 | Net Gearing (%) | 41.58 |
|---|---|---|---|
| Market Cap (£m) | 45,286.15 | Gross Gearing (%) | 51.81 |
| Shares in issue (m) | 1,374.81 | Debt Ratio | 45.87 |
| P/E Ratio | -69.35 | Debt-to-Equity Ratio | 0.79 |
| Divs per share (p) | 143.13 | Assets / Equity Ratio | 2.08 |
| Dividend Yield (%) | 3.28 | Price to book value | 1.03 |
| Dividend Cover | 0.00 | SROCE (%) | -0.89 |
| Earning per share (p) | -47.50 | EPS Growth (%) | -113.45 |
| 52-week high / low (p) | 3,340.50 / 1,557.00 | DPS Growth (%) | 6.12 |
Rio Tinto Broker Views
| Date | Broker | Rec. | Price | Old target price | New target price | Notes |
|---|---|---|---|---|---|---|
| 08 Dec | JP Morgan Cazenove | Overweight | 3,240.00 | 3650.00 | 3650.00 | Reiterates |
| 08 Dec | Macquarie | Outperform | 3,240.00 | 3700.00 | 3700.00 | Reiterates |
| 07 Dec | Jefferies International | Buy | 3,240.00 | 3600.00 | 3600.00 | Reiterates |
| 07 Dec | Deutsche Bank | Buy | 3,240.00 | Reiterates | ||
| 07 Dec | Credit Suisse | Outperform | 3,240.00 | 2750.00 | 3600.00 | Upgrades |
Rio Tinto Director Deals
| Date | Director | Type | Volume / Price | Trade Value |
|---|---|---|---|---|
| 09 Dec 2016 | Chris Lynch | Sell | 7672 @ 3234.00p | £248,112.48 |
| 09 Dec 2016 | Chris Lynch | In Lieu of Fees/Salary | 1462 @ 0.00p | £0.00 |
| 09 Dec 2016 | Chris Lynch | Transfer In | 14479 @ 3234.00p | £468,250.86 |
| 07 Dec 2016 | Jean-Sebastien Jacques | Sell | 4374 @ 3036.00p | £132,794.64 |
| 07 Dec 2016 | Jean-Sebastien Jacques | In Lieu of Fees/Salary | 834 @ 0.00p | £0.00 |
| 07 Dec 2016 | Jean-Sebastien Jacques | Transfer In | 8259 @ 0.00p | £0.00 |
| 27 Sep 2016 | Chris Lynch | Dividend Reinvestment Plan | 5 @ 2511.25p | £125.56 |
| 27 Sep 2016 | Jean-Sebastien Jacques | Dividend Reinvestment Plan | 216 @ 2511.20p | £5,424.19 |
| 22 Jul 2016 | Jean-Sebastien Jacques | Sell | 27587 @ 2368.72p | £653,458.79 |
| 22 Jul 2016 | Jean-Sebastien Jacques | Transfer In | 153237 @ 0.00p | £0.00 |
| 21 Jul 2016 | Jean-Sebastien Jacques | Buy | 63 @ 2432.70p | £1,532.60 |
Rio Tinto Company News
Director Deals – Rio Tinto PLC (RIO)
Chris Lynch, Financial Director, sold 7,672 shares in the company on the 7th December 2016 at a price of 3234.00p. The Director now holds 10,724 shares representing 0.00% of the shares in issue.
Story provided by StockMarketWire.com
Director deals data provided by www.directorsholdings.com
Director Deals – Rio Tinto PLC (RIO)
Chris Lynch, Financial Director, received in lieu of fees/salary 1,462 shares in the company on the 7th December 2016 at a price of 0.00p. The Director now holds 18,396 shares representing 0.00% of the shares in issue.
NOTE: In lieu of dividend.
Story provided by StockMarketWire.com
Director deals data provided by www.directorsholdings.com
Director Deals – Rio Tinto PLC (RIO)
Chris Lynch, Financial Director, bought 14,479 shares in the company on the 7th December 2016 at a price of 3234.00p. The Director now holds 16,934 shares representing 0.00% of the shares in issue.
NOTE: Bonus deferral plan.
Story provided by StockMarketWire.com
Director deals data provided by www.directorsholdings.com
Mining Roundup
Rio Tinto (LON:RIO) has appointed two executives to its management team to step up performance in its people and partnering capabilities, which are core enablers of the company’s strategy and long-term focus under CEO J-S Jacques.
Vera Kirikova will assume the role of Human Resources Group executive and Simone Niven the role of Corporate Relations Group executive on 1 January 2017.
As a consequence of the restructure, Organisational Resources Group executive Hugo Bague will leave the company on 31 March 2017 after supporting a transition.
* * *
Green Dragon Gas (LON:GDG) has welcomed the Chinese Government’s and National Energy Administration’s development plan that targets the percentage of China’s energy mix to be accounted for by coalbed methane consumption.
Highlights:
– Planned increase in coalbed methane consumption to 13 per cent of energy mix by 2020
– Significant increase in investment in Chinese coalbed methane development, adding 420 billion cubic metres (2,641.6 mmboe) by 2020 to national proved reserves
– National production to increase to 24 billion cubic metres per year (151 mmboe) in 2020, an increase of 33% from 2015
– Decrease colliery gas incidents by 15% by 2020
– Exemption of certain coalbed gas exploration and development equipment from import tariffs and VAT from 2016-2020
Green Dragon founder and chairman Randeep S. Grewal said: “The Chinese Government has again affirmed its support of coalbed methane gas development as it progresses with safety enhancements and rapidly shifts towards a cleaner energy profile.
“This is great news for the country, and Green Dragon Gas is poised to assist in delivering this planned surge in domestic demand. China has the third largest coalbed methane reserves in the world and Green Dragon Gas has a vast acreage to exploit, and we continue to enjoy the cooperation of our Chinese partners, working together to help deliver increases in both production and reserves from our blocks.”
* * *
ZCCM-IH (LON:ZCC) has announced the appointment of Teddy D. Mulonga as a non-executive director, representing the National Pension Scheme Authority which holds 15% shares in the company. Mulonga was appointed to the ZCCM-IH board on 31 October.
Mulonga has vast experience spanning decades in senior management positions both in the private and public sectors. He has served in senior positions in the Government of the Republic of Zambia, including as Director General Zambia National Tender Board, Permanent Secretary in the Ministry of Labour and Social Security, Permanent Secretary Ministry of Sport, Youth and Child Development and also as Deputy Secretary to the Cabinet -Administration.
* * *
The sector’s biggest riser was Horizonte Minerals (LON:HZM) – up by 10.1% in late trading. The biggest faller was Herencia Resources (LON:HER) – down by 12.5%.
At 4:07pm:
(LON:BEM) Beowulf Mining PLC share price was -0.25p at 5.13p
(LON:BKY) Berkeley Energia Ltd share price was +1.25p at 46.38p
(LON:CEY) Centamin PLC share price was +0.5p at 133.9p
(LON:CZA) Coal of Africa Ltd share price was +0.01p at 3.51p
(LON:FDI) Firestone Diamonds PLC share price was +1p at 52.75p
(LON:FRES) Fresnillo PLC share price was -5p at 1168p
(LON:GDG) Green Dragon Gas Ltd share price was 0p at 180p
(LON:GEMD) Gem Diamonds Ltd share price was -0.75p at 104.75p
(LON:HER) Herencia Resources PLC share price was -0p at 0.02p
(LON:HOC) Hochschild Mining PLC share price was -2.95p at 231.65p
(LON:HZM) Horizonte Minerals PLC share price was +0.25p at 2.73p
(LON:KMR) Kenmare Resources PLC share price was +0.25p at 254p
(LON:RIO) Rio Tinto PLC share price was +76p at 3297.5p
(LON:VED) Vedanta Resources PLC share price was +14p at 947p
Story provided by StockMarketWire.com
Rio Tinto bolsters executive committee
Rio Tinto has appointed two executives to its management team to step up performance in its people and partnering capabilities, which are core enablers of the company’s strategy and long-term focus under CEO J-S Jacques.
Vera Kirikova will assume the role of Human Resources Group executive and Simone Niven the role of Corporate Relations Group executive on 1 January 2017.
As a consequence of the restructure, Organisational Resources Group executive Hugo Bague will leave the company on 31 March 2017 after supporting a transition.
At 9:15am: (LON:RIO) Rio Tinto PLC share price was +14.75p at 3236.25p
Story provided by StockMarketWire.com
