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OTCMKTS:GLNCY

Glencore (GLNCY) Stock Price, News & Analysis

$9.57
-0.34 (-3.43%)
(As of 09/6/2024 ET)
Today's Range
$9.55
$9.80
50-Day Range
$9.57
$12.35
52-Week Range
$9.26
$12.74
Volume
530,326 shs
Average Volume
602,304 shs
Market Capitalization
$58.38 billion
P/E Ratio
N/A
Dividend Yield
2.30%
Price Target
N/A

Glencore MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
62.69%
From $0.67 to $1.09 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.69 out of 5 stars

GLNCY stock logo

About Glencore Stock (OTCMKTS:GLNCY)

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution. It also operates marketing and distribution of physical commodities sourced from third party producers and company's production to industrial consumers, including the battery, electronic, construction, automotive, steel, energy, and oil industries. In addition, the company provides financing, logistics, and other services to producers and consumers of commodities. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland.

GLNCY Stock Price History

GLNCY Stock News Headlines

Glencore plc (OTCMKTS:GLNCY) Declares $0.11 Dividend
Glencore plc (OTCMKTS:GLNCY) Short Interest Update
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
What's next for Teck Resources after Glencore deal?
See More Headlines
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Company Calendar

Ex-Dividend for 6/20 Dividend
5/02/2024
Dividend Payable
6/20/2024
Ex-Dividend for 9/27 Dividend
8/30/2024
Today
9/07/2024
Dividend Payable
9/27/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Private households
Sub-Industry
N/A
Current Symbol
OTCMKTS:GLNCY
Employees
140,000
Year Founded
1974

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$217.83 billion
Cash Flow
$1.72 per share
Book Value
$6.27 per share

Miscellaneous

Outstanding Shares
6,100,356,000
Free Float
N/A
Market Cap
$58.38 billion
Optionable
Not Optionable
Beta
1.33

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Key Executives

  • Mr. Gary Nagle (Age 49)
    CEO & Director
    Comp: $5.83M
  • Mr. Steven Kalmin (Age 53)
    Chief Financial Officer
    Comp: $302.24k
  • Mr. Martin Fewings
    Head of Investor Relations & Communications
  • Shaun Teichner
    General Counsel
  • Mr. Derrick Crowley
    Head of Human Resources
  • Mr. Dawid Myburgh
    Chief Geologist
  • Japie Fullard
    Head of Ferroalloys Assets
  • Jason Kluk
    Head of Ferroalloys & Nickel Marketing
  • Ruan Van Schalkwyk
    Head of Coal Marketing
  • Alex Sanna
    Head of Oil Marketing

Should I Buy Glencore Stock? GLNCY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Glencore plc:

  • Glencore plc has recently seen a significant decrease in short interest, indicating potential positive market sentiment.
  • Several Wall Street analysts have upgraded Glencore's rating to "strong-buy" and "moderate buy," suggesting confidence in the company's performance.
  • Glencore's stock price has shown stability with a one-year low of $9.26 and a one-year high of $12.74, providing a range for potential growth.
  • The company announced a dividend payment, which can be attractive to income-focused investors seeking regular returns.
  • Glencore engages in diverse production and marketing activities across various regions, offering exposure to a wide range of commodities and markets.

Cons

Investors should be bearish about investing in Glencore plc for these reasons:

  • Glencore's stock performance has shown some volatility, with fluctuations in trading volume and price movements, potentially leading to uncertainty for investors.
  • The company operates in the private households industry, which may be subject to consumer spending trends and economic conditions, impacting its revenue streams.
  • Glencore's debt-to-equity ratio of 0.60 may raise concerns about its financial leverage and ability to manage debt obligations effectively.
  • While the company has a diverse portfolio, exposure to multiple commodities and markets can also pose risks related to market fluctuations and geopolitical factors.
  • Investors should consider the impact of global economic conditions on Glencore's operations, as the company's performance is closely tied to the broader economic environment.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these Glencore pros and cons to contact@marketbeat.com.

GLNCY Stock Analysis - Frequently Asked Questions

How have GLNCY shares performed this year?

Glencore's stock was trading at $11.98 at the beginning of the year. Since then, GLNCY shares have decreased by 20.1% and is now trading at $9.57.
View the best growth stocks for 2024 here
.

Does Glencore have any subsidiaries?

Glencore subsidiaries include ALE Combustiveis, TRT, Magdeburg, Sable Zinc, Biopetrol Industries, Access World Group, African Carbon Producers (Pty) Ltd, and others.

How do I buy shares of Glencore?

Shares of GLNCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:GLNCY) was last updated on 9/7/2024 by MarketBeat.com Staff

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