What's Next For Rio Stock?

This picture taken on November 26, 2024, shows the logo of Rio Tinto, a global mining and metals ... [+] company, at the headquarters of its iron ore division in Perth, Western Australia. (Photo by SAEED KHAN / AFP) (Photo by SAEED KHAN/AFP via Getty Images)AFP via Getty ImagesThe shares of diversified mining giant Rio Tinto (NYSE: RIO) have declined almost 16% year to date, underperforming the broader markets. The company recently posted higher shipments of both iron ore and bauxite for the third quarter o ...