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Is Rio Tinto Stock Still Good Value Following The Recent Iron Ore Rally?
Source: NASDAQ Stocks / 19 Dec 2022 23:23:16 America/Chicago
The shares of diversified mining giant Rio Tinto (NYSE: RIO) have gained almost 10% over the last month and remain up by over 30% since early November, tracking the price movements of iron ore, which is its single largest product, accounting for two-thirds of Rio Tinto revenue . https://www.nasdaq.com/articles/is-rio-tinto-stock-still-good-value-following-the-recent-iron-ore-rally