Previous close | 442.70 |
Open | 450.00 |
Bid | 437.95 x 0 |
Ask | 438.10 x 0 |
Day's range | 436.05 - 451.90 |
52-week range | 395.40 - 584.50 |
Volume | |
Avg. volume | 53,145,251 |
Market cap | 55.735B |
Beta (5Y monthly) | 1.27 |
PE ratio (TTM) | N/A |
EPS (TTM) | -10.40 |
Earnings date | 15 Feb 2023 |
Forward dividend & yield | 0.22 (4.13%) |
Ex-dividend date | 01 Sept 2022 |
1y target est | 6.39 |
After performing well in 2022, Glencore shares have fallen this year. Are they worth buying today? Edward Sheldon provides his take. The post Are Glencore shares worth buying today? appeared first on The Motley Fool UK.
Supply/demand imbalances and geopolitical tensions have disrupted commodity markets. Copper producer Freeport-McMoRan (NYSE: FCX), oil and gas exploration and production (E&P) company ConocoPhillips (NYSE: COP), and industrial commodity producer and marketer Glencore (OTC: GLCNF) have all been heavily impacted by ebbs and flows in the commodity market. A commodity supercycle could occur if buyers increasingly value factors like supplier security and reliability instead of just price alone.
Glencore’s share price should reflect one of the top dividends in the Footsie, and for me business fundamentals are also shifting in favour of price gains. The post Shifting fundamentals and stellar dividend to boost Glencore’s share price appeared first on The Motley Fool UK.