News articles about Rio Tinto PLC (NYSE:RIO) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rio Tinto PLC earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave news coverage about the mining company an impact score of 45.276599086932 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Rio Tinto goes ex-dividend tomorrow (seekingalpha.com)
- Rio Tinto plc (ADR) (RIO) Stock Is An 52-Week High Flier (vothemes.com)
- Meritage Portfolio Management Sells 1709 Shares of Rio Tinto PLC (RIO) (wisdomsave.com)
- Rio Tinto Plc (RIO) Trades at New 52-Week High (famososartistas.com)
- How Many Rio Tinto plc (LON:RIO)’s Analysts Are Bearish? (ismboard.com)
Shares of Rio Tinto PLC (NYSE:RIO) traded down 0.06% on Wednesday, reaching $46.16. The company’s stock had a trading volume of 3,812,885 shares. The company’s 50 day moving average price is $43.46 and its 200 day moving average price is $42.02. Rio Tinto PLC has a 12-month low of $29.62 and a 12-month high of $47.51. The company has a market cap of $82.91 billion, a P/E ratio of 13.46 and a beta of 0.98.
The firm also recently announced a None dividend, which will be paid on Thursday, September 21st. Investors of record on Friday, August 11th will be given a dividend of $1.10 per share. The ex-dividend date is Wednesday, August 9th.
Several research analysts have weighed in on RIO shares. ValuEngine lowered Rio Tinto PLC from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 20th. Citigroup Inc. raised Rio Tinto PLC from a “neutral” rating to a “buy” rating in a report on Thursday, April 20th. BidaskClub raised Rio Tinto PLC from a “hold” rating to a “buy” rating in a report on Wednesday, July 5th. Bank of America Corporation raised Rio Tinto PLC from an “underperform” rating to a “buy” rating in a report on Friday, June 30th. Finally, Clarkson Capital reaffirmed a “buy” rating on shares of Rio Tinto PLC in a report on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $41.80.
About Rio Tinto PLC
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.
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