South32 Ltd. (OTCMKTS:SOUHY – Get Free Report)’s stock price gapped down prior to trading on Friday. The stock had previously closed at $17.36, but opened at $16.76. South32 shares last traded at $17.32, with a volume of 10,769 shares trading hands.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded South32 from a “strong sell” rating to a “hold” rating in a research note on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.
Check Out Our Latest Report on South32
South32 Stock Up 0.9%
About South32
South32 Limited is a diversified mining and metals company headquartered in Perth, Australia. The company produces commodities used in energy, infrastructure, transportation and manufacturing, including alumina, aluminum, copper, manganese, silver, lead and zinc.
South32 operates and holds interests in mining, processing and refining operations across Australia, Southern Africa, South America and North America. Its portfolio has included the Worsley Alumina and Hillside aluminum operations in Australia, the Mozal aluminum smelter in Mozambique, manganese operations in Australia and South Africa, the Cannington silver-lead-zinc mine in Australia, and copper interests in Chile.
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