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RIM

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    0.0128$
  • Previous Close
    0.0118$
  • 52 Week Change
    0.07$
  • Day Range
    0.00$
  • 52 Week High/Low
    0.011$ - 0.085$
  • Dividend Per Share
    --
  • Market cap
    32 699 K$
  • EPS
    0
  • Beta
    0.487
  • Volume
    --

About

RIM.AU represents the BetaShares Global Royalties ETF, an exchange-traded fund (ETF) listed on the Australian Securities Exchange (ASX). This ETF provides investors with exposure to a portfolio of global companies that generate revenue from royalty income streams. These companies typically own valuable intellectual property, brands, or other assets and license these rights to others in exchange for royalty payments. By investing in RIM.AU, investors gain diversified access to this niche sector of the global market without directly purchasing shares of individual royalty-based companies.
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Factors

Iron Ore Prices: As Rio Tinto is a major iron ore producer, global iron ore prices significantly influence its revenue and profitability.

Production Volumes: The amount of iron ore, aluminum, and other commodities Rio Tinto produces directly impacts revenue.

Global Economic Growth: Demand for metals is tied to economic activity, especially in China, a major consumer of Rio Tinto's products.

Exchange Rates: Fluctuations between the Australian dollar (AUD) and other currencies affect earnings when converted back to AUD.

Operational Costs: Mining expenses, transportation costs, and energy prices impact profitability and share price.

Geopolitical Risks: Political instability, trade tensions, and regulatory changes in countries where Rio Tinto operates can create uncertainty.

Mergers and Acquisitions: Announcements of significant M&A activity involving Rio Tinto or its competitors can affect investor sentiment.

Dividend Policy: Rio Tinto's dividend payouts and future dividend expectations influence investor demand for its shares.

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