LSE:RIOMetals and Mining
Rio Tinto (LSE:RIO): Reassessing Valuation After a Strong Multi-Month Share Price Climb
Rio Tinto Group (LSE:RIO) has quietly climbed about 12% over the past month and more than 20% in the past 3 months, prompting investors to reassess whether the mining giant’s valuation is keeping up.
See our latest analysis for Rio Tinto Group.
That recent strength builds on solid momentum, with the share price up strongly over the year and a double digit 1 year total shareholder return hinting that the market is warming to Rio’s cash generation and growth prospects.
If this kind of move has...