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Stock Market Summary of Biggest Basic Materials Companies August 29th
Aug. 30, 2011 10:10AM PST
Industrial MetalsWall St. Cheat Sheet reports BHP Billiton (NYSE:BHP) and Rio Tinto (NYSE:RIO) were two of the biggest movers in base metals trading.
Wall St. Cheat Sheet reports BHP Billiton (NYSE:BHP) and Rio Tinto (NYSE:RIO) were two of the biggest movers in base metals trading.
The market news is quoted as saying,
Rio Tinto plc (ADR) (NYSE:RIO): The shares closed at $60.50, up $1.88, or 3.21%, on the day. They have traded in a 52-week range of $48.45 to $76.67. Volume today was1,671,729 shares, against a 3-month average volume of 3,174,640 shares. Its market capitalization is $116.60billion, its trailing P/E is 7.42, its trailing earnings are $8.16 per share, and it pays a dividend of $1.08 per share, for a dividend yield of 1.80%.
About the company: Rio Tinto PLC is an international mining company. The Company has interests in mining for aluminum, borax, coal, copper, gold, iron ore, lead, silver, tin, uranium, zinc, titanium dioxide feedstock, diamonds, talc and zircon.
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