South32 (OTCMKTS:SOUHY – Get Free Report) will likely be issuing its results before the market opens on Thursday, August 27th. Analysts expect South32 to announce earnings of $0.5670 per share and revenue of $3.1724 billion for the quarter.
South32 Price Performance
South32 stock opened at $18.05 on Tuesday. The stock’s 50 day moving average price is $15.45 and its 200 day moving average price is $15.60. South32 has a 1-year low of $8.07 and a 1-year high of $18.17. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.99 and a current ratio of 2.71.
Analyst Ratings Changes
A number of equities research analysts have commented on the company. Citigroup reissued a “buy” rating on shares of South32 in a report on Tuesday, May 26th. Zacks Research raised shares of 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 assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.
About South32
South32 is a diversified metals and mining company headquartered in Perth, Australia. Established in May 2015 through a demerger from BHP Billiton, the company focuses on the extraction, processing and marketing of commodities that underpin global industrial and consumer demand. South32’s portfolio includes alumina, aluminum, bauxite, metallurgical coal, manganese, nickel, silver, lead and zinc, making it a key participant across several commodity markets.
The company’s operations are organized by commodity and geography.
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