RIO Updates Copper Outlook Friday, November 26, 9:45 AM ET, by Market News Video Staff Miner Rio Tinto (RIO) updated its business outlook today. It said it is planning on ...
In trading on Wednesday, shares of Rio Tinto Plc (NYSE:RIO) crossed below their 200 day moving average of $67.08, changing hands as low as $66.65 per share. Rio Tinto Plc shares are currently trading down about 2.2% on the day. The chart below shows the one year performance of RIO shares, versus its 200 day moving average:
Looking at the chart above, RIO's low point in its 52 week range is $43.27 per share, with $76.67 as the 52 week high point — that compares with a last trade of $66.82.
RIO operates in the Metals & Mining sector, among companies like Quest Rare Minerals Ltd (AMEX:QRM) which is up about 2.1% today, and USEC, Inc. (NYSE:USU) trading lower by about 2.4%. Below is a three month price history chart comparing the stock performance of RIO, versus QRM and USU.
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