Is South32 a good buy?
Over half a decade, South32 managed to grow its earnings per share at 9.1% a year. This EPS growth is lower than the 14% average annual increase in the share price. So it’s fair to assume the market has a higher opinion of the business than it did five years ago.
What minerals does S32 mine?
South32 Limited (ASX:S32) is a globally diversified mining and metals company. The Company produces bauxite, alumina, aluminium, energy and metallurgical coal, manganese, nickel, silver, lead and zinc at its operations in Australia, Southern Africa, and South America.
Is ASX up or down today?
Markets. The S&P/ASX200 closed lower Monday, dropping 88.00 points or 1.18% to 7,347.00 and crossing below its 200-day moving average. The bottom performing stocks in this index were IMUGENE LIMITED and PRO MEDICUS LIMITED, down 13.64% and 7.81% respectively.
What does South32 mine?
South32. We produce commodities including bauxite, alumina, aluminium, copper, silver, lead, zinc, nickel, metallurgical coal and manganese from our operations in Australia, Southern Africa and South America.
Is s32 a good stock to buy?
According to the note, the broker has a conviction buy rating and $4.60 price target on the miner’s shares. This implies potential upside of over 12% before dividends. And if you include the very generous dividends Goldman is forecasting in FY 2022, the potential total return increases to over 23%.
Who is the owner of South32?
South32 is a mining and metals company headquartered in Perth, Western Australia. It was spun out of BHP Billiton on 18 May 2015….South32.
|Traded as||ASX: S32|
|Founded||18 May 2015|
|Headquarters||Perth, Western Australia|
|Key people||Karen Wood (Chair) Graham Kerr (CEO)|
Does S32 produce nickel?
Our commodities. We produce commodities including bauxite, alumina, aluminium, copper, silver, lead, zinc, nickel, metallurgical coal and manganese from our operations in Australia, Southern Africa and South America.
What caused the ASX to drop today?
ASX drops, Wall Street stocks fall on Fed chair Jerome Powell’s rate hike warning. Australian shares fell sharply, following losses on Wall Street as the chairman of the US Federal Reserve warned of aggressive interest rate hikes next month.
Does S32 mine nickel?
We are a global resources company with operations in Australia, Southern Africa and South America where we mine and produce bauxite, alumina, aluminium, copper, metallurgical coal, manganese, nickel, silver, lead and zinc.
Are Igo shares a good buy?
It’s good to see that IGO has rewarded shareholders with a total shareholder return of 36% in the last twelve months. That’s better than the annualised return of 18% over half a decade, implying that the company is doing better recently.