Rio Tinto Group (OTCMKTS:RTNTF – Get Free Report) was the target of a significant drop in short interest in 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 trading volume of 186 shares, the short-interest ratio is presently 811.3 days.
Rio Tinto Group Stock Performance
Shares of OTCMKTS:RTNTF opened at $109.99 on Wednesday. Rio Tinto Group has a 1 year low of $71.00 and a 1 year high of $133.85. The firm has a fifty day moving average price of $125.42 and a 200 day moving average price of $115.59.
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.
See Also
- Five stocks we like better than Rio Tinto Group
- Marriott vs. Viking: Why the Better Quarter Doesn’t Mean the Better Decade
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
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.
