Rio Tinto Limited Fully Paid Ord. Shrs (ASX:RIO) Share Price Crosses Below 200-Day Moving Average of $97.06

Rio Tinto Limited Fully Paid Ord. Shrs (ASX:RIO)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $97.06 and traded as low as $92.38. Rio Tinto Limited Fully Paid Ord. Shrs shares last traded at $93.29, with a volume of 1,334,714 shares trading hands.

The stock has a market cap of $33.42 billion and a PE ratio of 11.70. The company has a current ratio of 1.52, a quick ratio of 1.17 and a debt-to-equity ratio of 31.97. The business has a 50-day moving average price of A$93.44 and a 200-day moving average price of A$97.07.

The firm also recently announced a Interim dividend, which will be paid on Thursday, September 19th. Stockholders of record on Thursday, September 19th will be given a dividend of $3.076 per share. The ex-dividend date of this dividend is Thursday, August 8th. This represents a dividend yield of 3.25%. Rio Tinto Limited Fully Paid Ord. Shrs’s dividend payout ratio (DPR) is 54.93%.

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.

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