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Shares of Rio Tinto plc (NYSE:RIO) were the target of some unusual options trading activity on Tuesday. Stock investors purchased 7,157 call options on the company, Stock Ratings Network reports. This is an increase of approximately 134% compared to the average volume of 3,053 call options.

A number of research firms have recently commented on RIO. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Rio Tinto plc in a research note on Monday. Separately, analysts at Investec reiterated a “hold” rating on shares of Rio Tinto plc in a research note on Friday. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Rio Tinto plc in a research note on Friday. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and seventeen have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $61.00.

Rio Tinto plc (NYSE:RIO) traded up 0.22% on Tuesday, hitting $59.18. The stock had a trading volume of 2,114,161 shares. Rio Tinto plc has a 1-year low of $45.00 and a 1-year high of $60.61. The stock’s 50-day moving average is $56.3 and its 200-day moving average is $55.01. The company has a market cap of $109.5 billion and a price-to-earnings ratio of 17.28.

The company also recently declared a semiannual dividend, which is scheduled for Thursday, September 11th. Shareholders of record on Friday, August 15th will be given a dividend of $0.9584 per share. This represents a yield of 3.33%. The ex-dividend date is Wednesday, August 13th.

Rio Tinto plc (NYSE:RIO) is an international mining company.

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