Better Buy: The Metals Company or Rio Tinto?
When it comes to metals mining companies, Australian stalwart Rio Tinto (NYSE: RIO) and Canadian start-up The Metals Company (NASDAQ: TMC) couldn't be more different. Rio Tinto was founded in 1873, while The Metals Company didn't go public until 2021. Rio Tinto has a $114 billion market cap, while The Metals Company's market cap is just $2.5 billion.
But there's one quality these two metals companies have in common: Both are trading significantly off their highs. Rio Tinto is trading at a 25% discount to its pandemic-era high from 2021, and The Metals Company's stock has plunged 30% from its 2025 high, which it just set in October:
Which of these metals companies is the best pick for investors interested in "buying the dip"? There's one clear winner, and it may not be the one you're expecting.
Source Fool.com
