RIO News: RIO Moves Below 200-Day SMA Post FY24 Earnings: How to Play the Stock? - 27th Feb 2025, 4:13am

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Shares of Rio Tinto RIO have lost 3% since it reported fiscal 2024 results on Feb. 19. The company reported a 1% decline in total revenues, a 2% drop in underlying EBITDA and an 8% decline in underlying earnings per share. The decline was attributed to lower iron ore prices, which were partly offset by higher prices for bauxite, copper and aluminum.

Find the latest EPS estimates and surprises on Zacks Earnings Calendar.

RIO stock moved below its 200-day simple moving average (SMA) on Feb. 21, ...

>>> Read more: RIO Moves Below 200-Day SMA Post FY24 Earnings: How to Play the Stock?
 
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