Rio Tinto Group (OTCMKTS:RTNTF) Stock Price Down 4.2% – What’s Next?

Rio Tinto Group (OTCMKTS:RTNTF)’s share price dropped 4.2% during mid-day trading on Thursday . The stock traded as low as $112.90 and last traded at $112.90. Approximately 784 shares traded hands during mid-day trading, a decline of 33% from the average daily volume of 1,175 shares. The stock had previously closed at $117.89.

Rio Tinto Group Trading Down 4.2%

The company has a fifty day moving average price of $105.42 and a two-hundred day moving average price of $90.01.

Rio Tinto Group Company Profile

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.