RIO - Value Pick Or Cautionary Tale? Rio Tinto Faces Investor Scrutiny Post-2023 Recovery | Benzinga
As Rio Tinto PLC (NYSE:RIO) readies the release of its full-year 2023 earnings on Feb. 21, traders would be wise to consider several key factors.
The London-based mining giant saw its share price dip over 11% year-to-date.
Rio Tinto is also under intense scrutiny for allegedly polluting and contaminating water in both Mongolia and Madagascar.
Investors are now wondering whether the stock is a value pick or if there’s further downside here.
Long-Term Fundamental Catalysts
Rio Tinto’s strategic assets (i.e., Simandou mine ...