Rio Tinto (ASX:RIO) Shares Close in Red Today, Here’s Why

75
6
Favorite

Rio Tinto (ASX:RIO) Shares Close in Red Today, Here’s Why

kalkinemedia2022-03-09

The share price of Rio Tinto (ASX:RIO) declined consecutively on third day of this week to close 0.523% lower at AU$119.880 per share on ASX today (March 9, 2022).Rio shares closed yesterday's trading...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（6）

47ebd6a1
·2022-03-09
Like
Reply
1
Report
KLS
·2022-03-09
Buy
Reply
2
Report
pet
·2022-03-09
pls like
Reply
2
Report
BerryNat
·2022-03-09
So.. good to buy or will drop further?
Reply
1
Report
TeslaLegend
·2022-03-09
Nice
Reply
1
Report
DarkFate
·2022-03-09
Like
Reply
1
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1185283439?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-03-09 15:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1185283439","market":"other","top_or_hot":-1,"title":"Rio Tinto (ASX:RIO) Shares Close in Red Today, Here’s Why","media":"kalkinemedia","content":"<div>\n<p>The share price of Rio Tinto (ASX:RIO) declined consecutively on third day of this week to close 0.523% lower at AU$119.880 per share on ASX today (March 9, 2022).Rio shares closed yesterday's trading...</p>\n\n<a href=\"https://kalkinemedia.com/au/stocks/metal-and-mining/rio-tinto-asxrio-shares-close-in-red-today-heres-why\">Source Link</a>\n\n</div>\n","source":"lsy1642396333099","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rio Tinto (ASX:RIO) Shares Close in Red Today, Here’s Why</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRio Tinto (ASX:RIO) Shares Close in Red Today, Here’s Why\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-09 15:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://kalkinemedia.com/au/stocks/metal-and-mining/rio-tinto-asxrio-shares-close-in-red-today-heres-why><strong>kalkinemedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The share price of Rio Tinto (ASX:RIO) declined consecutively on third day of this week to close 0.523% lower at AU$119.880 per share on ASX today (March 9, 2022).Rio shares closed yesterday's trading...</p>\n\n<a href=\"https://kalkinemedia.com/au/stocks/metal-and-mining/rio-tinto-asxrio-shares-close-in-red-today-heres-why\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RIO.AU","symbol_name":"力拓","start_time":0,"source_url":"https://kalkinemedia.com/au/stocks/metal-and-mining/rio-tinto-asxrio-shares-close-in-red-today-heres-why","article_id":"1185283439","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1185283439","pubTimestamp":1646812051,"sourceInfo":{"source_id":"lsy1642396333099","name":"kalkinemedia"},"weMediaInfo":null,"summary":"The share price of Rio Tinto (ASX:RIO) declined consecutively on third day of this week to close 0.5","collect":0,"end_time":0,"defaultTopTitle":"kalkinemedia.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"RIO.AU":"力拓"},"translate_title":"力拓（ASX：Rio）股价今日收红，原因如下","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RIO.AU":0.9},"content_text":"The share price of Rio Tinto (ASX:RIO) declined consecutively on third day of this week to close 0.523% lower at AU$119.880 per share on ASX today (March 9, 2022).Rio shares closed yesterday's trading 4.34% lower at AU$120.51 per share on ASX. The company's shares started this week's trading on a weak note after the global iron ore giant was ordered to pay a penalty of AU$750,000 for continuous violation of disclosure obligations.On Monday, the stock closed a tad lower at AU$125.980 per share on ASX.On Monday, Rio Tinto announced that it had reached a settlement with has reached a settlement with the Australian Securities and Investment Commission (ASIC) concerning the disclosure of the impairment of Rio Tinto Coal Mozambique (RTCM).Noticeably, RTCM was acquired in 2011 and divested in 2014. The mining giant has said that it will continue to defend itself against the SEC's allegations vigorously.Another essential reason why Rio's shares are showing a bearish trend can be probably because the company is anticipated to trade ex-dividend on Thursday (March 10, 2022).  Usually, it is seen that when a company reaches its ex-dividend day, its shares are likely to fall as the investors mostly tend to sell off the company's shares after securing the dividend.The mining firm’s US$16.8 billion full-year dividend represents a payout of 79% of underlying earnings. This is higher than the management’s policy of returning between 40% to 60% of underlying earnings to the company’s shareholders.Rio Tinto’s FY21 results:Rio Tinto commands a market capitalisation of roughly AU$44.73 billion. The company declared its half-yearly report for the financial year 2022 (H1 FY22) on 23 February 2022. During this period Rio reported US$21.1 billion of net earnings, up by 116% compared to 2020. Other details from the company’s financials include:Rio Tinto's underlying earnings grew 72% to US$21.4 billion.Earnings before interest, tax, depreciation and amortisation (EBITDA) at US$37.7 billion, an increase of 58% rise compared to the prior corresponding period.Rio’s net cash generated from operating activities grew 60% at U$25.3 billion compared to 2020 levels.Rio Tinto Limited will organise its annual general meeting on 5 May 2022 at 9:30am (AEST).","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9038679000,"gmtCreate":1646828841615,"gmtModify":1676534166845,"author":{"id":"4107653584987280","authorId":"4107653584987280","name":"47ebd6a1","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4107653584987280","authorIdStr":"4107653584987280"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038679000","repostId":1185283439,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9038668316,"gmtCreate":1646818610640,"gmtModify":1676534165913,"author":{"id":"3551655093075927","authorId":"3551655093075927","name":"KLS","avatar":"https://static.tigerbbs.com/60fe00969bbce4cfecf0d17a38c77628","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3551655093075927","authorIdStr":"3551655093075927"},"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038668316","repostId":1185283439,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9038663615,"gmtCreate":1646818152443,"gmtModify":1676534165873,"author":{"id":"3574914454410809","authorId":"3574914454410809","name":"pet","avatar":"https://static.tigerbbs.com/d8bb8cf9a25355b93399ce59a269665b","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3574914454410809","authorIdStr":"3574914454410809"},"htmlText":"pls like","listText":"pls like","text":"pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038663615","repostId":1185283439,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9038687526,"gmtCreate":1646817275607,"gmtModify":1676534165691,"author":{"id":"4087986020499840","authorId":"4087986020499840","name":"BerryNat","avatar":"https://static.tigerbbs.com/27333e490249edd9b1054f0311c8584c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087986020499840","authorIdStr":"4087986020499840"},"htmlText":"So.. good to buy or will drop further?","listText":"So.. good to buy or will drop further?","text":"So.. good to buy or will drop further?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038687526","repostId":1185283439,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9038687130,"gmtCreate":1646817245823,"gmtModify":1676534165683,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","vip":1,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":4,"crmLevelSwitch":1,"idStr":"3572489627147183","authorIdStr":"3572489627147183"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038687130","repostId":1185283439,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9038682322,"gmtCreate":1646816688876,"gmtModify":1676534165621,"author":{"id":"4097476142152970","authorId":"4097476142152970","name":"DarkFate","avatar":"https://static.tigerbbs.com/a22f6ff84fe185b6d3ad31b8673302d8","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4097476142152970","authorIdStr":"4097476142152970"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038682322","repostId":1185283439,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":75,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}