Three Key Mining Stocks Under Spotlight – Rio Tinto Plc, BHP Group Plc and Glencore Plc

6 min read | November 18, 2019 01:51 PM GMT | By Team Kalkine Media

Rio Tinto Plc

Rio Tinto Plc (RIO) is a London, the United Kingdom based mining company that is engaged in the operations of exploration and extraction of a wide range of mineral resources such as Iron Ore, Aluminium and Diamond as well as other energy-related sources. The company runs its operations from various locations across the world, mainly Australia, Brazil, Canada, Chile, South Africa, USA, etc.

RIO Latest News

On 15th November 2019, the company made a press release regarding the fundraising for the rehabilitation of Ranger Project Area. The company will support Energy Resources of Australia Limited's (ERA) plans to raise US $324 million or Australian $476 million for the reorganisation and treatment of the Ranger Project Area in Australia's Northern Territory.

RIO Share Price Performance

Daily Chart as at 18-November-19, before the market close (Source: Thomson Reuters)

On 18th November 2019, at 09:27 A.M GMT, at the time of writing, Rio Tinto Plc ’s share price has been reported to be trading at GBX 4134.00 per share, a decrease of 0.49 per cent or GBX 20.50 per share as compared to the previous day’s closing price, which has been reported at GBX 4154.50 per share. At the time of writing, the Rio Tinto Plc share has been reported to be trading 25.04 per cent above the 52-week low share price, which was at GBX 3306.25 per share, set on December 06, 2018. This was also 16.97 per cent below the 52-week high price at GBX 4979.14 per share, which the company’s share set on July 03, 2019. The reported Market Capitalisation of Rio Tinto Plc has been at GBP 52.168 billion.

By the time of writing, 192,630 of the company’s shares had been traded in the market. The average volume of trading per day, for the last one year in the market, was 2.84 million shares. The share has reportedly shown an upward change of 6.30 per cent in value in the last one year, from the price of GBX 3889.00 per share. There also has been a downward change in the last six months in the value of Rio Tinto Plc’s share of around 11.69 per cent from the share price of GBX 4681.00 per share. Rio Tinto Plc’s share has also reportedly gained 4.35 per cent in value in the last one month from the price of GBX 3961.50 per share.

The beta of the Rio Tinto Plc’s share has been reported to be at 1.42. This means that the company’s share price movement is more volatile in its trend, as compared to the benchmark market index’s movement.

BHP Group Plc

BHP Group Plc (BHP) is a London, the United Kingdom based mining company, that engages in the exploration and extraction of resources such as iron Ore, Coal, Copper as well as Uranium. It is the world's premium maker of aluminium, uranium, copper, iron mineral and precious stones. The organisation, however, is having activities in six landmasses; its assets are largely located in Canada and Australia.

BHP Group Latest News

On 14th November 2019, the company made a press release to announce the retirement of a Non-executive Director Ms Carolyn Hewson as on 7 November 2019. The company also reported that the Full Year 2020 results would inculcate the remuneration of Carolyn Hewson as the Non-Executive Director of the company.

BHP Share Price Performance

Daily Chart as at 18-November-19, before the market close (Source: Thomson Reuters)

On 18th November 2019, at 09:18 A.M GMT, at the time of writing, BHP Group Plc’s share price has been reported to be trading at GBX 1690.2 per share, an increase of 0.01 per cent or GBX 0.2 per share as compared to the previous day’s closing price, which has been reported at GBX 1690.00 per share. At the time of writing, the BHP Group Plc share has been reported to be trading 19.25 per cent above the 52-week low share price, which was at GBX 1417.3 per share, set on November 27, 2018. This was also 18.68 per cent below the 52-week high price at GBX 2078.50 per share, which the company’s share set on July 03, 2019. The reported Market Capitalisation of BHP Group Plc has been at GBP 35.694 billion.

By the time of writing, 305,920 of the company’s shares had been traded in the market. The average volume of trading per day, for the last one year in the market, was 5.27 million shares. The share has reportedly shown an upward change of 4.13 per cent in value in the last one year, from the price of GBX 1623.20 per share. There also has been a downward change in the last six months in the value of BHP Group Plc’s share of around 5.99 per cent from the share price of GBX 1797.80 per share. BHP Group Plc’s share has also reportedly gained 5.64 per cent in value in the last one month from the price of GBX 1600.00 per share.

The beta of the BHP Group Plc ’s share has been reported to be at 1.41. This means that the company’s share price movement is more volatile in its trend, as compared to the benchmark market index’s movement.

Glencore Plc

Glencore Plc (GLEN) is a Baar, Switzerland based company which is one of the world's leading varied natural resource group, occupied with the matter of creation and circulation of minerals and metals, unrefined petroleum and oil items, coal and rural items. The organisation as of now works in more than 50 nations and has a representative base of 158,000, including temporary workers. The organisation is presently overseeing more than 150 mines over the globe.

GLEN Share Price Performance

Source: Daily Chart as at 18-November-19, before the market close (Source: Thomson Reuters)

On 18th November 2019, at 09:10 A.M GMT, at the time of writing, Glencore Plc ’s share price has been reported to be trading at GBX 242.85 per share, a decrease of 0.31 per cent or GBX 0.75 per share as compared to the previous day’s closing price, which has been reported at GBX 243.60 per share. At the time of writing, the Glencore Plc share has been reported to be trading 11.09 per cent above the 52-week low share price, which was at GBX 218.60 per share, set on August 15, 2019. This was also 29.38 per cent below the 52-week high price at GBX 343.90 per share, which the company’s share set on April 17, 2019. The reported Market Capitalisation of Glencore Plc has been at GBP 32.598 billion.

By the time of writing, 1.74 million of the company’s shares had been traded in the market. The average volume of trading per day, for the last one year in the market, was 31.78 million shares. The share has reportedly shown a downward change of 19.23 per cent in value in the last one year, from the price of GBX 300.65 per share. There also has been a downward change in the last six months in the value of Glencore Plc’s share of around 12.11 per cent from the share price of GBX 276.30 per share. Glencore Plc’s share has also reportedly gained 6.72 per cent in value in the last one month from the price of GBX 227.55 per share.

The beta of the Glencore Plc’s share has been reported to be at 2.08. This means that the company’s share price movement is more volatile in its trend, as compared to the benchmark market index’s movement.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.