Professional
Added to YB: 2025-10-10
Pitch date: 2025-10-08
RIO [neutral]
Rio Tinto Group
+9.37%
current return
Author Info
No bio for this author
Company Info
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments.
Market Cap
GBP 125.1B
Pitch Price
GBP 51.10
Price Target
N/A
Dividend
5.51%
EV/EBITDA
7.22
P/E
11.61
EV/Sales
2.66
Sector
Metals and Mining
Category
value
Devon Alpha Fund Portfolio Holding: Rio Tinto Group
RIO (holding update): CEO transition to Simon Trott from iron ore div. Copper production growth ~25% this year, well-positioned for expected market tightening 2H decade. Trading at undemanding 13x P/E with opportunity for multiple expansion as mgmt simplifies strategy & delivers on iron ore/copper growth.
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