Rio Tinto (RIO)

Sector:

Mining

Index:

FTSE 100

4,353.00p
   
  • Change Today:
      0.50p
  • 52 Week High: 5,825.00p
  • 52 Week Low: 4,117.00p
  • Currency: UK Pounds
  • Shares Issued: 1,253.97m
  • Volume: 2,268,152
  • Market Cap: £54,585m
  • RiskGrade: 142

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 4,353.00p
Change Today 0.50p
% Change 0.01 %
52 Week High 5,825.00p
52 Week Low 4,117.00p
Volume 2,268,152
Shares Issued 1,253.97m
Market Cap £54,585m
RiskGrade 142

Rio Tinto Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.03% above the market average92.03% above the market average92.03% above the market average92.03% above the market average92.03% above the market average
90.24% above the sector average90.24% above the sector average90.24% above the sector average90.24% above the sector average90.24% above the sector average
Price Trend
32.05% below the market average32.05% below the market average32.05% below the market average32.05% below the market average32.05% below the market average
25.37% above the sector average25.37% above the sector average25.37% above the sector average25.37% above the sector average25.37% above the sector average
Income
86.07% above the market average86.07% above the market average86.07% above the market average86.07% above the market average86.07% above the market average
57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average
Growth
83.48% below the market average83.48% below the market average83.48% below the market average83.48% below the market average83.48% below the market average
61.4% below the sector average61.4% below the sector average61.4% below the sector average61.4% below the sector average61.4% below the sector average

What The Brokers Say

Strong Buy 6
Buy 8
Neutral 6
Sell 1
Strong Sell 0
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 16-Apr-2025

Time Volume / Share Price
16:39 96 @ 4,353.00p
16:35 4,662 @ 4,353.00p
16:35 119 @ 4,353.00p
16:35 11,061 @ 4,353.00p
16:35 97 @ 4,353.00p

Rio Tinto Key Personnel

CEO Jakob Stausholm
CFO Peter Cunningham

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