Rio Tinto Limited Fully Paid Ord. Shrs (ASX:RIO) Share Price Passes Above Fifty Day Moving Average of $93.16

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Shares of Rio Tinto Limited Fully Paid Ord. Shrs (ASX:RIO) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $93.16 and traded as high as $97.77. Rio Tinto Limited Fully Paid Ord. Shrs shares last traded at $97.42, with a volume of 1,448,588 shares traded.

The firm’s 50 day moving average price is A$93.68 and its two-hundred day moving average price is A$95.76. The company has a market cap of $122.22 billion and a P/E ratio of 12.22. The company has a debt-to-equity ratio of 31.97, a quick ratio of 1.17 and a current ratio of 1.52.

Rio Tinto Limited Fully Paid Ord. Shrs Company Profile (ASX:RIO)

Rio Tinto Group engages in finding, mining, and processing mineral resources worldwide. The company offers aluminium, silver, molybdenum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. It is also involved in the alumina production; primary aluminium smelting; bauxite mining; alumina refining; and ilmenite mining, as well as provision of gypsum.

Further Reading: Economic Reports

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