RIO Monthly Breakout + Cheap P/E → $90-$120 Target📊 Technical Setup: RIO has been coiling in a giant monthly triangle since the 2021 peak. Price is pressing against long-term support around $63. A breakout from here projects first to $90 and then into the $110-$120 zone over the next 12-18 months.
💰 Valuation: Trailing EPS ≈ $6.28. Current P/E ≈ 1
Key facts today
President Trump has reversed a pollution rule impacting Rio Tinto's copper smelter, granting a two-year compliance exemption to boost U.S. mineral security and ease regulations for copper producers.
The Swiss National Bank has divested its stake in Rio Tinto, reflecting a broader trend of recent sell-offs in the extractive industries.
825 ARS
10.58 T ARS
49.13 T ARS
About Rio Tinto plc
Sector
Industry
CEO
Simon C. Trott
Website
Headquarters
London
Founded
1873
ISIN
ARDEUT112638
FIGI
BBG000KV00H9
Rio Tinto Plc engages in the exploration, mining, and processing of mineral resources. It operates through the following business segments: Iron Ore, Aluminium, Copper, and Minerals. The Iron Ore segment supplies iron ore mining and salt and gypsum production. The Aluminium segment produces bauxite, alumina and primary aluminum. The Copper segment offers gold, silver, molybdenum and other by-products. The Minerals includes businesses with products such as uranium, borates, salt and titanium dioxide feedstock together with coal operations. The Other Operations segment covers the curtailed Gove alumina refinery and Rio Tinto Marine operations. The company was founded in 1873 and is headquartered in London, the United Kingdom.
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Bullish potential detected for RIOEntry conditions:
(i) higher share price for ASX:RIO along with swing up of indicators such as DMI/RSI.
Depending on risk tolerance, the stop loss for the trade would be:
(i) below the recent swing low of 14th May (i.e. $118.63), or
(ii) a close below the 200 day moving average (currently $116.88
ASX:RIO ELLIOTT WAVE ANALYSIS ©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation).
Wave ((ii))-navy may move a little lower. Then wave ((iii))-navy may turn back to move much higher. On the other hand, a break of 126.04 would trigger the ALT alternative scenario, suggesting that wave ((iii))-navy may be re
Can Rio Tinto Save the Day? The Looming Mining Supply CrisisAs the world races towards a greener future, a critical challenge looms on the horizon: a looming supply shortage for essential energy-transition metals, particularly copper. This shortage, if left unchecked, could jeopardize our ambitious plans for a sustainable future.
Rio Tinto, a global mining
RIO possible movement RIO has been on an upward trend since 2016, please be so kind to see the weekly chart in the middle, also observe the weekly chart on the right to see that same time last year it had some greenish activity. Please look at the daily chart, the first step of possible greenish activity is a bullish bre
Rio Tinto plc Sponsored ADR Other Metals/Minerals
Rio emerges as the one mining company worth the trade
Key arguments supporting the idea
- High production performance outshines that of competitors
- Expansion projects underway, including one of the largest iron ore mining
operations
- M&A opportunities due to restructu
RIO - Breakout?Statistically a slightly more bearish probability for this descending triangle pattern, but RIO looks like it may just be testing a breakout to the upside. Would like to see stronger confirmation, but if it retests the breakout and moves back up to take out the previous high at ~$75, it could be pro
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
US76720AAW6
Rio Tinto Finance (USA) Plc 5.875% 14-MAR-2065Yield to maturity
5.48%
Maturity date
Mar 14, 2065
US76720AAV8
Rio Tinto Finance (USA) Plc 5.75% 14-MAR-2055Yield to maturity
5.41%
Maturity date
Mar 14, 2055
US76720AAP1
Rio Tinto Finance (USA) Plc 5.125% 09-MAR-2053Yield to maturity
5.35%
Maturity date
Mar 9, 2053
US767201AT3
Rio Tinto Finance (USA) Ltd. 2.75% 02-NOV-2051Yield to maturity
5.31%
Maturity date
Nov 2, 2051
05Q2
Rio Tinto Finance (USA) Plc 4.125% 21-AUG-2042Yield to maturity
5.21%
Maturity date
Aug 21, 2042
US76720AAD8
Rio Tinto Finance (USA) Plc 4.75% 22-MAR-2042Yield to maturity
5.20%
Maturity date
Mar 22, 2042
US767201AL0
Rio Tinto Finance (USA) Ltd. 5.2% 02-NOV-2040Yield to maturity
5.06%
Maturity date
Nov 2, 2040
US76720AAU0
Rio Tinto Finance (USA) Plc 5.25% 14-MAR-2035Yield to maturity
4.65%
Maturity date
Mar 14, 2035
US76720AAN6
Rio Tinto Finance (USA) Plc 5.0% 09-MAR-2033Yield to maturity
4.40%
Maturity date
Mar 9, 2033
US76720AAT3
Rio Tinto Finance (USA) Plc 5.0% 14-MAR-2032Yield to maturity
4.29%
Maturity date
Mar 14, 2032
XS86307693
Rio Tinto Finance Plc 4.0% 11-DEC-2029Yield to maturity
4.26%
Maturity date
Dec 11, 2029
See all RIO bonds
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