Rio Tinto Group (OTCMKTS:RTNTF) Shares Down 1.4% – Here’s Why

Shares of Rio Tinto Group (OTCMKTS:RTNTF) were down 1.4% during mid-day trading on Wednesday . The stock traded as low as $94.6880 and last traded at $94.6880. Approximately 263 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 971 shares. The stock had previously closed at $96.02.

Rio Tinto Group Trading Down 1.4%

The business has a fifty day moving average of $87.27 and a 200 day moving average of $79.28.

About Rio Tinto Group

Rio Tinto Group is an Anglo-Australian multinational mining and metals company engaged in the exploration, development and production of a broad portfolio of commodities. The company’s primary products include iron ore, aluminum, copper, diamonds, gold, uranium, titanium dioxide and borates, with salt and industrial minerals also contributing to its output. Rio Tinto’s vertically integrated operations span the full value chain, encompassing extraction, processing, refining and marketing activities.

Founded in 1873 to develop copper reserves in the Rio Tinto region of Spain, the company has grown into one of the world’s largest mining groups.