Rio Tinto (RIO) Company History
Rio Tinto Stock Price Prediction: Rio Tinto Group is a British-Australian multinational corporation that is the world’s second-largest metals and mining firm (behind BHP).
The Company was established in 1873 when a group of investors bought a mine complex from the Spanish government on the Rio Tinto in Huelva, Spain.
The company’s chief executive, Jean-Sébastien Jacques, and two other executives announced their resignations in September 2020 due to Rio Tinto’s involvement in the destruction of two historic rock shelters in Australia’s Pilbara region. On January 1, 2021, Jakob Stausholm, the company’s chief financial officer, was named the next CEO.
Rio Tinto is among the largest corporations listed on either exchange. As a result, it is included in the frequently quoted indices for both markets: the FTSE 100 Index of the London Stock Exchange and the S&P/ASX 200 Index of the Australian Securities Exchange. Rio Tinto plc’s LSE-listed shares can be traded indirectly on the New York Stock Exchange via an American Depositary Receipt. Rio Tinto was the world’s fourth-largest publicly traded mining firm on March 4, 2009, with a market capitalization of around $134 billion.
Current Price of Rio Tinto Stock
Rio Tinto Company Details
| Company Name | Rio Tinto |
| Founded | 29 March 1873 |
| Headquarters | London, England, and Melbourne, Australia |
| Number of Employees | 52,000 |
| Founder | Hugh Matheson |
| (Chief Executive Officer) CEO | Jakob Stausholm |
| Stock Price | 78.56 USD |
| Revenue | 5,404.1 crores USD |
| Formerly | RTZ Corporation |
| Area served | Worldwide |
| Products | Iron ore, Bauxite, Alumina, Aluminium, Copper, Molybdenum, Gold, Diamonds, Uranium, Titanium Dioxide, Borates, Salt, Talc |
| Official Website | www.riotinto.com |
Rio Tinto Long-Term Price Predictions in 2024 To 2050
| (RIO) Stock Price Prediction by Year | Minimum Price | Average Price | Maximum Price |
| 2024 | $63.90 | $82.20 | $98.26 |
| 2025 | $71.09 | $91.19 | $104.10 |
| 2026 | $80.10 | $109.00 | $128.24 |
| 2027 | $89.40 | $90.27 | $119.23 |
| 2028 | $87.00 | $101.71 | $118.53 |
| 2029 | $96.83 | $114.61 | $119.51 |
| 2030 | $95.37 | $118.68 | $129.15 |
| 2035 | $123.95 | $131.40 | $153.50 |
| 2040 | $149.85 | $154.23 | $192.90 |
| 2050 | $231.50 | $247.70 | $257.70 |
Rio Tinto Stock (RIO) Price Prediction 2024
In the Year 2024, We are Predicting that the stocks will touch the maximum price of $98.26 and will stop at the minimum price of $63.90 and the average price prediction is $82.20.
Rio Tinto Stock Price Prediction 2025
According to our knowledge and judgment of stocks, we predict that the year 2025 will be a great year for all investors. The stock can reach a minimum price of $71.09 and a maximum price of $104.10.
Rio Tinto Stock (RIO) Price Prediction 2026
Rio Tinto stock is predicted to hit a minimum range of $80.10 a maximum range of $128.24 and an average price of $109.00 as good momentum has been predicted their maximum in the future for the stock’s Prices. Also, If you plan to invest your money, so 2026 will be a great year for you.
Rio Tinto Stock Price Prediction 2027
We are expecting the Rio Tinto stock Price Prediction for 2027, to reach a maximum range of $119.23 the Minimum price range is $89.40. Also, If you can the market does not fluctuate much, we can expect the stock to maintain an average price of $90.27.
Rio Tinto Stock (RIO) Price Prediction 2028
Rio Tinto Stock (RIO) is expected to reach an average price of $101.71 in 2025, with a maximum prediction of $118.53 and a minimum estimate of $87.00.
Rio Tinto Stock (RIO) Price Prediction 2029
Rio Tinto Stock is Projected to rise to roughly $119.51 in 2029, with $96.83 as the minimum Price. According to our forecast, the stock will level off in 2029 at an average selling price of $114.61.
Rio Tinto Stock (RIO) Price Prediction 2030
We Expected long-term Prosperity for the company. We also anticipate a significant increase in the financial markets by 2030. According to our prediction, RIO could reach a minimum of $95.37 in 2030 and a maximum reach of $129.15. It is anticipated that the company’s value will increase to an average of $118.68 a share over the ensuing six months.
Rio Tinto stock (RIO) Price prediction 2040
According to our Technical Analysis and judgment made by our experts, the Rio Tinto Stock Price Prediction for 2040, the maximum price is $192.90, and the minimum price is $149.85. In comparison to the previous years, these prices are significantly higher. The stock will retain an average price of $154.23. So bid on the waiting period farewell and welcome the extra money.
Rio Tinto Stock (RIO) Price Prediction 2050
If we Look at the Rio Tinto Stock Price Prediction 2050, according to our Analysis and current market situation, the Rio Tinto Stock Maximum Price reaches $257.70 and the minimum price of $231.50 and we projected that this stock will set an average price of around $247.70.
Is this a good time to invest in Rio Tinto shares?
I believe it is always better to invest in a cyclical industry, such as an ASX mining share, following a downturn than while the iron ore price and Rio Tinto share price are rising.
Nobody can confidently forecast when or how much the iron ore price will rise or fall. However, it does fluctuate between positive and negative periods as supply and demand situations shift.
Now is undoubtedly a better time to buy Rio Tinto shares than at the start of 2024. However, it is still up more than 10% in the last three months.
I believe it is much preferable to acquire ASX iron ore shares when they are below US$110 per tonne, ideally below US$100 per tonne.
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FAQ: Rio Tinto Stock
Is Rio Tinto a good buy today?
Rio Tinto Group has received a consensus rating of Moderate Buy. The company’s average rating score is $2.71 and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
What is the future of Rio shares?
According to our current RIO stock prediction, the value of Rio Tinto Group shares will rise by 2.43% and reach $ 64.53 per share by March 28, 2024.
What is Rio’s stock prediction for 2025?
According to our knowledge and judgment of stocks, we predict that the year 2025 will be a great year for all investors. The stock can reach a minimum price of $71.09 and a maximum price of $97.10.