Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Investors interested in Mining - Miscellaneous stocks are likely familiar with Rio Tinto (RIO) and Wheaton Precious Metals Corp. (WPM). But which of these two stocks presents investors with the better value opportunity right now?
Rio Tinto Ltd's (LSE:RIO, ASX:RIO, OTC:RTNTF) investor deep dive into its lithium business has left analysts at Citi more confident that the miner is carving out a competitive position in a weak market, laying the groundwork for rapid growth if prices recover. Citi said Rio's presentation in Buenos Aires centred on three pillars: delivering 200,000 tonnes of lithium by 2028, driving operating costs down to below $5–8 a kilogram, and rolling out its “30 in 30” template, a blueprint for future projects built at less than $30 a kilogram of capital intensity, in under 30 months, with C1 costs of under $5 a kilogram.
Rio Tinto is regaining internal order. Q3 showed stable operations, clearer execution, and a simplified structure that finally aligns decisions with scale and reduces noise that previously clouded the investment case. The shift to three product groups improves focus, accountability, and long-term efficiency, reinforcing a strategic direction that was missing months ago and giving more coherence to a business often viewed. Strong margins, a 5% dividend yield, and an undemanding 11x P/E show a valuation still anchored in last semester's weakness, not in the operational discipline and clarity emerging through recent events.
Rio Tinto debuts its first copper output from Johnson Camp using Nuton tech, delivering cleaner, faster production and aiming for the lowest U.S. copper footprint.
Does Rio Tinto (RIO) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has outlined a more optimistic growth and capital expenditure outlook to 2030, with upgraded production guidance for key commodities and a commitment to shareholder returns, according to a note from Citi. Following the miner's Capital Markets Day, the American bank said Rio Tinto is now guiding for stronger volumes in copper, bauxite, aluminium and lithium in 2025 and 2026, with full-year production estimates coming in ahead of the bank's previous forecasts.
Rio Tinto Group (RIO) Analyst/Investor Day Transcript
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF) announced that Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has produced the first copper from the Johnson Camp mine in Arizona using its Nuton bioleaching technology, marking the initial commercial-scale output from the process. The first copper cathode was produced last month following more than three decades of research and development, according to the companies, Gunnison said on Thursday.
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has told investors it is entering a “new chapter”, promising tighter discipline, stronger productivity and a simpler structure as it seeks to deliver what it calls industry-leading returns. At its Capital Markets Day, the miner said it would streamline itself around three core businesses (iron ore, copper and aluminium and lithium) with a focus on safety, reliability and “best in class” knowledge of its ore bodies.
Simon Trott also intends to scale back capital expenditures in the medium term to an expected less than $10 billion from 2028, compared to the $11 billion expected over 2025.