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How to buy Rio Tinto (RIO) shares

Learn how to easily invest in Rio Tinto shares.

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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 ASX. Our table can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, such as 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. Look into dollar-cost averaging to spread out your risk, 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 on your investment. Congratulations, you own a part of Rio Tinto. Optimise your portfolio by tracking how your stock and 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 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 2022-06-22.
52-week range$86.6553 - $133.7008
50-day moving average $112.0172
200-day moving average $106.5701
Target price$127.99
PE ratio 5.6234
Dividend yield $7.821 (11.11%)
Earnings per share (TTM) $18.583

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.
1 - 10 of 10
Name Product Standard brokerage fee Inactivity fee Markets
ThinkMarkets Share Trading
$8
No
ASX shares
Exclusive: Sign up through Finder and get 3 months of free trading up to 50 trades. Offer available to new customers only.
Following your first three months, enjoy $8 flat fee CHESS sponsored brokerage as well as free live stock data all from the convenience of an easy-to-use mobile app
IG Share Trading
$5 – 8
No
ASX shares, US shares, UK shares, ETFs, and more
Exclusive: Finder customers who apply for a share trading account in June will be able to trade Aussie shares from $2.50 commission until the end of August. T&Cs apply.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Tiger Brokers
Exclusive
Tiger Brokers
$6.49
No
ASX shares, Global shares, Options trading, US shares, ETFs
Exclusive to Finder: Sign up to Tiger through Finder and on completion of your first deposit of any amount or transfer of shares receive 4 extra free grab shares. T&Cs apply.
Get started with $0 brokerage on ASX and US stocks for the first 3 months upon completion of your first qualifying deposit. Also receive a free Apple share if you deposit $3,000 or more.
SelfWealth (Basic account)
$9.5
No
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
CMC Markets Invest
$0
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 35,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges. Plus, buy Aussie shares for $0 brokerage up to $1,000. (Limited to one buy order per stock per trading day).
Bendigo Invest Direct
$19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Gain access to 12 markets from one account with Bendigo.
Invest in Australian shares and access major international markets through a trusted local brand. Plus, fine tune your investment knowledge with Bendigo’s advanced research and analysis tools.
GO Markets Share Trading
$7.70
No
ASX shares, Forex, CFDs, ETFs
Zero Brokerage on your next 50 trades!
Simply transfer an existing HIN before 30 June and pay no fees on your next 50 transactions. Alternatively, transfer your existing shares and receive 5 transactions at zero cost for each shareholding transferred, once again up to 50 free trades. T & Cs apply
Saxo Capital Markets (Classic account)
$5
No
ASX shares, Global shares, ETFs
Access 22,000+ stocks on 50+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
Bell Direct Share Trading
$15
No
ASX shares, mFunds, ETFs
Get $300 free brokerage until 30 June when you move to Bell Direct. T&Cs apply.
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.
Superhero share trading
$5
No
ASX shares, US shares, ETFs
Sign up & fund your account with A$100 or more and receive US$10 of Tesla stocks on Superhero. T&Cs apply.
Enjoy $0 brokerage on US stocks and buying ETFs as well as a flat $5 fee to trade Australian shares.
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Is it a good time to buy Rio Tinto stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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$101.4

1 week (2022-06-16) -9.22%
1 month (2022-05-26) -8.47%
3 months (2022-03-25) -13.24%
6 months (2021-12-24) 2.32%
1 year (2021-06-25) -19.02%
2 years (2020-06-26) 2.43%
3 years (2019-06-26) -1.71%
5 years (2017-06-26) 70.22%

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 $33.6 billion (£19 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 $63.5 billion
Operating margin TTM 46.35%
Gross profit TTM $31.3 billion
Return on assets TTM 18.37%
Return on equity TTM 41.62%
Profit margin 33.22%
Book value 31.786
Market capitalisation $169.3 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 01/01/2019) 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 Ltd 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

52%

Dividend payout ratio: 52.3% of net profits

Recently Rio Tinto has paid out, on average, around 52.3% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 11.11% 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 11.11% return on their shares, in the form of dividend payments. In Rio Tinto's case, that would currently equate to about A$7.821 per share.

Rio Tinto's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 10 March 2022 (the "ex-dividend date").

Have Rio Tinto's shares ever split?

Rio Tinto's shares were split on 17 June 2009.

Rio Tinto share price volatility

Over the last 12 months, Rio Tinto's shares have ranged in value from as little as $86.6553 up to $133.7008. 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 measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Rio Tinto's is 0.5914. 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 lithium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.

Rio Tinto in the news

There are no recent company news

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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