How to buy Rio Tinto (RIO) shares

Learn how to easily invest in Rio Tinto shares.

Rio Tinto Group
AU: RIO - AUD
OTHER INDUSTRIAL METALS & MINING
A$99.33
+ A$0.47 ( + 0.48%)

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Rio Tinto (RIO) is an Australian metals business that is involved in exploring, mining and processing mineral resources. The main metals Rio Tinto mines include iron ore, aluminium, copper, diamonds, uranium and titanium dioxide. Rio Tinto was founded in 1873 and has joint head offices in London, UK and Melbourne, Australia.

How to buy shares in Rio Tinto

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Rio Tinto. Find the share by name or ticker symbol: RIO. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Rio Tinto reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Rio Tinto. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Rio Tinto stock price (ASX:RIO)

Use our graph to track the performance of RIO stocks over time.

Rio Tinto shares at a glance

Information last updated 2021-09-19.
52-week range$87.4735 - $134.6647
50-day moving average $114.5454
200-day moving average $120.0648
Target price$60.42
PE ratio 6.2516
Dividend yield $6.922 (6.68%)
Earnings per share (TTM) $15.804

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
AUD $5
No
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
ThinkMarkets Share Trading
AUD $8
No
ASX shares
Limited-time offer: Get 10 free ASX trades ($0 brokerage) when you open a share trading account with ThinkMarkets(T&Cs apply).$8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
HSBC Online Share Trading
AUD $19.95
No
ASX shares, mFunds, ETFs, Bonds
Limited time offer: Get up to $100 in brokerage rebates on your first 5 trades when you sign up to a HSBC Online Share Trading account (T&Cs apply). Make trades online with brokerage fees starting from just $19.95 with an HSBC Online Share Trading account. Plus gain access to complimentary expert research, trading ideas and tools.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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Compare up to 4 providers

Is it a good time to buy Rio Tinto stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Rio Tinto price performance over time

Historical closes compared with the last close of A$99.33

1 week (2021-09-17) 0.54%
1 month (2021-08-25) -10.44%
3 months (2021-06-25) -20.68%
6 months (2021-03-25) -8.03%
1 year (2020-09-25) 1.36%
2 years (2019-09-25) 9.14%
3 years (2018-09-25) 25.56%
5 years (2016-09-23) 98.38%

Is Rio Tinto under- or over-valued?

Valuing Rio Tinto stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Rio Tinto's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Rio Tinto's P/E ratio

Rio Tinto's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Rio Tinto shares trade at around 6x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Rio Tinto's EBITDA

Rio Tinto's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $32 billion (£17 billion).

The EBITDA is a measure of a Rio Tinto's overall financial performance and is widely used to measure a its profitability.

Rio Tinto financials

Revenue TTM $58.3 billion
Operating margin TTM 47.36%
Gross profit TTM $18.7 billion
Return on assets TTM 18.37%
Return on equity TTM 39.32%
Profit margin 32.17%
Book value 32.739
Market capitalisation $160 billion

TTM: trailing 12 months

Rio Tinto's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Rio Tinto.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Rio Tinto's total ESG risk score

Total ESG risk: 32.79

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Rio Tinto's overall score of 32.79 (as at 12/31/2018) is pretty weak – landing it in it in the 67th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Rio Tinto is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Rio Tinto's environmental score

Environmental score: 13.49/100

Rio Tinto's environmental score of 13.49 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Rio Tinto is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Rio Tinto's social score

Social score: 13.38/100

Rio Tinto's social score of 13.38 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Rio Tinto is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Rio Tinto's governance score

Governance score: 10.92/100

Rio Tinto's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Rio Tinto is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Rio Tinto's controversy score

Controversy score: 4/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Rio Tinto scored a 4 out of 5 for controversy – the second-lowest score possible, reflecting that Rio Tinto has a damaged public profile.

Environmental, social, and governance (ESG) summary

Rio Tinto Group was last rated for ESG on: 2019-01-01.

Total ESG score 32.79
Total ESG percentile 67.48
Environmental score 13.49
Environmental score percentile 5
Social score 13.38
Social score percentile 5
Governance score 10.92
Governance score percentile 5
Level of controversy 4

Rio Tinto share dividends

40%

Dividend payout ratio: 40.08% of net profits

Recently Rio Tinto has paid out, on average, around 40.08% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 10.31% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Rio Tinto shareholders could enjoy a 10.31% return on their shares, in the form of dividend payments. In Rio Tinto's case, that would currently equate to about A$6.922 per share.

While Rio Tinto's payout ratio might seem fairly standard, it's worth remembering that Rio Tinto may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 11 August 2021 (the "ex-dividend date").

Have Rio Tinto's shares ever split?

Rio Tinto's shares were split on 16 June 2009.

Rio Tinto share price volatility

Over the last 12 months, Rio Tinto's shares have ranged in value from as little as $87.4735 up to $134.6647. A popular way to gauge a stock's volatility is its "beta".

RIO.AU volatility(beta: 0.59)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Rio Tinto's is 0.5901. This would suggest that Rio Tinto's shares are less volatile than average (for this exchange).

Rio Tinto overview

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities. The company was founded in 1873 and is headquartered in London, the United Kingdom.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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