Is it time to buy Rio Tinto shares?
Harry Allan
|Nov 14|
5 min read
Rio Tinto has been subject to close scrutiny of its shares in recent years. In recent months, it appears that the miner’s shares could be shifting - out of 16 analysts, seven rate it a “Buy”, five “Sell”, with four recommending “Hold”. This means that the shares have an overall positive valuation of 44 percent. Could it therefore be time to sell?
Analyst breakdown
About 5.16 million shares were traded, which represents an increase of 41.76 percent from the average. The company has a market cap of $77.57 billion.
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SOURCE: [WhatsOnThorald]