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Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Rio Tinto Group wasn't one of them. MarketBeat thinks these five companies may be even better buys. View MarketBeat's top stock picks here. How has Rio Tinto Group's stock price been impacted by COVID-19?Where is the headquarters of Rio Tinto PLC?
The Other Operations segment covers the the curtailed Gove alumina refinery and Rio Tinto Marine operations. Rio Tinto was founded in 1873 and is headquartered in London, the United Kingdom.What is the P / E ratio of Rio Tinto?
RIO is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 6.31, which compares to its industry's average of 10.97. Over the past year, RIO's Forward P/E has been as high as 12.96 and as low as 5.78, with a median of 9.06.Why did Rio Tinto report a fall in shipments?
MELBOURNE (Reuters) -Rio Tinto reported a 12% fall in quarterly iron ore shipments on Friday after storms affected its West Australian operations, but is expected to report bumper results this month on soaring prices for the steel raw material.