Rio Tinto Group (OTCMKTS:RTNTF – Get Free Report) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 150,899 shares, a drop of 49.2% from the June 15th total of 296,985 shares. Based on an average daily volume of 186 shares, the days-to-cover ratio is currently 811.3 days.
Rio Tinto Group Price Performance
OTCMKTS RTNTF opened at $111.05 on Friday. Rio Tinto Group has a 1-year low of $71.00 and a 1-year high of $133.85. The business’s fifty day moving average price is $125.06 and its 200-day moving average price is $115.77.
Rio Tinto Group Company Profile
Rio Tinto Group is an Anglo-Australian multinational mining and metals company engaged in the exploration, development and production of a broad portfolio of commodities. The company’s primary products include iron ore, aluminum, copper, diamonds, gold, uranium, titanium dioxide and borates, with salt and industrial minerals also contributing to its output. Rio Tinto’s vertically integrated operations span the full value chain, encompassing extraction, processing, refining and marketing activities.
Founded in 1873 to develop copper reserves in the Rio Tinto region of Spain, the company has grown into one of the world’s largest mining groups.
Featured Stories
- Five stocks we like better than Rio Tinto Group
- Has Broadcom Become Too Expensive for Its AI Story?
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
Receive News & Ratings for Rio Tinto Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rio Tinto Group and related companies with MarketBeat.com's FREE daily email newsletter.
