With Iron Ore Prices Under Pressure, What's Next For Rio Stock?

This article was originally published on Nasdaq

The shares of diversified mining giant Rio Tinto (NYSE: RIO) have declined by about 6% over the past month, trading at about $58 per share. This compares to the S&P 500 which remains down by about 3% over the same period.  The price of iron ore, which is Rio’s sing