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    RIO   GB0007188757

RIO TINTO PLC

(RIO)
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Delayed London Stock Exchange  -  05/24 11:35:24 am EDT
5541.00 GBX   -0.38%
11:49aRio Tinto's Madagascar mine restarts after reaching deal with protesters
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10:30aRio Tinto's Madagascar mine restarts after reaching deal with protesters
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08:53aELLIS MARTIN : Skyharbour Resources Ltd (VAN:SYH) Secures Option to Acquire an Initial 51% and Up to 100% of the Russell Lake Uranium Project from Rio Tinto
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FTSE 100 eases on weakness in miners, rate hike jitters

01/18/2022 | 03:23am EDT

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)

* FTSE 100 down 0.4%, FTSE 250 off 0.5%

Jan 18 (Reuters) - London's FTSE 100 dropped on Tuesday, with shares of consumer firms and precious metals' miners leading the decline, while improving employment conditions in the UK and rising U.S. Treasury yields signalled growing bets of tighter monetary policies.

The blue-chip FTSE 100 eased 0.4%. Precious miners and consumer focussed shares Diageo and British American Tobacco were the top drags.

The domestically focussed mid-cap index fell 0.5%.

British employers added a record 184,000 staff to their payrolls in December, showing little signs of a hit from the Omicron variant, taking total staff numbers to 1.4% above their level in February 2020 before the pandemic.

Asian equities and U.S. futures also took a hit after two-year U.S. Treasury yields topped 1% for the first time since February 2020 as investors braced for a U.S. rate rise as soon as March.

Among stocks, Rio Tinto fell 0.5% after it forecast slightly weaker-than-expected 2022 iron ore shipments, citing tight labour market conditions and production delays.

British online retail platform THG dropped 4% after it said its adjusted core earnings margin would fall short of market expectations due to adverse currency movements. (Reporting by Shashank Nayar in Bengaluru; editing by Uttaresh.V)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BRITISH AMERICAN TOBACCO PLC -0.19% 3488.5 Delayed Quote.27.86%
DIAGEO PLC -0.66% 3628.5 Delayed Quote.-9.50%
FTSE 100 -0.39% 7484.35 Delayed Quote.1.75%
FTSE MID 250 INDEX -1.47% 19849.82 Delayed Quote.-14.20%
ON SEMICONDUCTOR CORPORATION -2.45% 54.51 Delayed Quote.-17.71%
RIO TINTO PLC -0.38% 5541 Delayed Quote.13.70%
THG PLC -1.37% 137.15 Delayed Quote.-39.33%
All news about RIO TINTO PLC
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Financials (USD)
Sales 2022 59 820 M - -
Net income 2022 19 265 M - -
Net cash 2022 2 623 M - -
P/E ratio 2022 6,05x
Yield 2022 12,7%
Capitalization 116 B 116 B -
EV / Sales 2022 1,90x
EV / Sales 2023 2,16x
Nbr of Employees 49 000
Free-Float 65,4%
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Technical analysis trends RIO TINTO PLC
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 69,93 $
Average target price 79,54 $
Spread / Average Target 13,7%
EPS Revisions
Managers and Directors
Jakob Stausholm Chief Executive Officer & Executive Director
Peter Lloyd Cunningham Chief Financial Officer & Executive Director
Dominic S. Barton Chairman
Mark Davies Chief Technical Officer
Arnaud Soirat Chief Operating Officer
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