Rio Tinto plc (RIO) stock prices forecast 2012

Rio Tinto plc (RIO) stock prices forecast 2012 : Rio Tinto plc (RIO) is another one of my best copper stocks to buy right now due to the recent pullback in share price. I think RIO is a great copper stock because it is a global company. Rio Tinto plc (RIO) recently traded at $70 during the summer of 2011 and is now down to $45. If RIO stock drops below $40 in 2011/2012, it becomes a strong buy.

Rio Tinto plc engages in finding, mining, and processing mineral resources. The company produces aluminum products, including bauxite, alumina, and aluminium; copper, gold, molybdenum, silver, and nickel, as well as sulphuric acid; diamonds; industrial minerals, such as borates, titanium dioxide feedstocks, talc, high purity iron, salt, metal powders, zircon, and rutile; thermal and coking coal, and uranium; and iron ore. It primarily operates in Australia, North America, South America, Asia, Europe, and Africa. The company was founded in 1873 and is headquartered in London, the United Kingdom. Rio Tinto plc is a subsidiary of Rio Tinto Group.

Rio Tinto plc (RIO) 2012 Price Target = $62
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