LSE:RIOMetals and Mining
Does Rio Tinto Group (LSE:RIO) Look Stretched After Its 114% Run?
Rio Tinto Group has delivered a 114.3% share price gain over the past five years, which naturally puts fresh scrutiny on whether that move is grounded in the cash the business can generate. With the stock recently closing at £71.47, the key issue is whether the current market price lines up with what its future cash flows are worth today.
The 114.3% return over five years has materially raised the stakes for holders, because a large part of that move now rests on how sustainable Rio Tinto...