Rio Tinto (RIO)

Sector:

Mining

Index:

FTSE 100

4,402.00p
   
  • Change Today:
    -59.00p
  • 52 Week High: 5,488.00p
  • 52 Week Low: 4,117.00p
  • Currency: UK Pounds
  • Shares Issued: 1,254.03m
  • Volume: 6,580,959
  • Market Cap: £55,202m
  • RiskGrade: 142
  • Beta: 0.00

JPMorgan upgrades mining & metals sector to 'overweight'

By Michele Maatouk

Date: Monday 24 Mar 2025

LONDON (ShareCast) - (Sharecast News) - JPMorgan upgraded the global mining and metals sector to 'overweight' from 'underweight' on Monday, as it said that Rio Tinto, Antofagasta, Fresnillo & SSAB are its European key 'overweights'.
The bank noted that the mining and metals sector has underperformed MSCI Europe by around 50% since January 2023, with M&M equities having underperformed industrial metal prices by about 20% since January 2024.

JPM said the de-coupling/de-rating for equity multiples is an "active inbound-enquiry from investors".

The bank said its 2025 sector outlook expects a "V-shaped" recovery for metal prices and M&M equities in late Q1 as China expands economic policy support and JPM Commodities Research forecasts 15% upside to current copper prices.

It expects the copper price to reach $11,500/t in in the second quarter of 2026.

"We specifically recommend adding exposure to miners with exposure to copper, aluminium, gold, and/or corporates that are strategically vulnerable," JPM said.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Rio Tinto Market Data

Currency UK Pounds
Share Price 4,402.00p
Change Today -59.00p
% Change -1.32 %
52 Week High 5,488.00p
52 Week Low 4,117.00p
Volume 6,580,959
Shares Issued 1,254.03m
Market Cap £55,202m
Beta 0.00
RiskGrade 142

Rio Tinto Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.32% above the market average93.32% above the market average93.32% above the market average93.32% above the market average93.32% above the market average
84.13% above the sector average84.13% above the sector average84.13% above the sector average84.13% above the sector average84.13% above the sector average
Price Trend
41.04% below the market average41.04% below the market average41.04% below the market average41.04% below the market average41.04% below the market average
11.28% above the sector average11.28% above the sector average11.28% above the sector average11.28% above the sector average11.28% above the sector average
Income
89.32% above the market average89.32% above the market average89.32% above the market average89.32% above the market average89.32% above the market average
61.90% above the sector average61.90% above the sector average61.90% above the sector average61.90% above the sector average61.90% above the sector average
Growth
82.75% below the market average82.75% below the market average82.75% below the market average82.75% below the market average82.75% below the market average
70.37% below the sector average70.37% below the sector average70.37% below the sector average70.37% below the sector average70.37% below the sector average

What The Brokers Say

Strong Buy 6
Buy 8
Neutral 5
Sell 1
Strong Sell 1
Total 21
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Rio Tinto Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Mar-25 15-Aug-24
Paid 17-Apr-25 26-Sep-24
Amount 225.00¢ 177.00¢

Trades for 30-May-2025

Time Volume / Share Price
16:52 605 @ 4,449.16p
16:48 179 @ 4,402.00p
16:47 6,436 @ 4,427.43p
16:42 112 @ 4,402.18p
16:42 58 @ 4,401.82p

Rio Tinto Key Personnel

CEO Jakob Stausholm
CFO Peter Cunningham

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