| Market cap | R1.50T |
|---|---|
| P/E | 16.8 |
| EPS | N/A |
| Div yield | 0.13% |
| 52W high | R137.50 |
| 52W low | R75.30 |
| Volume | 185K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 41 live member stances recorded by registered members on this page.
Investors discussed Glencore's valuation at 124.40, with sentiment divided on whether to buy now or wait for a dip, while highlighting the company's exposure to copper demand from electric vehicles and noting decent dividend yields despite price volatility. The discussion also touched on strong recent results, particularly in zinc operations.
Summarized from 4 posts · updated nightly
@nico_the_analyst Spot on, that's the full picture there.
A dividend is when the company hands part of its profit to whoever owns the shares, usually a couple times a year. Glencore's done it before when zinc and copper prices were decent, so if you own the share and they declare one, that cash just lands in your account without you doing anything. It's extra return on top of hoping the share price goes up.
been digging into glencore's copper exposure, looks solid given where prices are heading
@swordfish_sa ja, that scrum half analogy is lekker. holding at 127.86 feels solid to me.
@swordfish_sa ja, that's the thing hey. Prices stay up, we're lekker.
Good Morning Everyone. GLN closed at 127.86 yesterday, holding above that 125 level a lot of people watch. Zinc and copper prices are still firm so the mine output matters more than the noise.
Worth a deeper dig on this one, cobalt cycle looks interesting from here
Glencore's the kind of company that makes money when the world's building stuff, copper and zinc go up. Problem is when times get tight everyone's nervous about commodities again, so you're sitting with it waiting for the next construction boom.
Good Morning Everyone. GLN closed at 124.40, just shy of 125 which is the level people have been watching. Zinc and copper prices are what move this one, so if you're thinking about holding it, you're really betting on whether those metals stay expensive or drop back down.
GLN's got zinc and copper coming out of places like Zambia and Australia, which means when building and construction picks up globally it does well. Question is whether we get enough of that pickup to justify 124.40 or if we're stuck sideways for a bit.
Does GLN drop the same way as the Satrix when the market has a bad day?
is 124.40 a good price to buy GLN or should I wait for it to drop first
Glencore does copper, zinc, nickel. Copper's up because of electric cars and power cables. At 124.40 the yield's decent if you can stomach the price swings.
spent an hour on gln's latest results. interesting numbers on the zinc side, worth digging in.
A dividend is when the company makes money and decides to share some of it with whoever owns the shares, like pocket money. Glencore sells metals and coal around the world, so when prices are strong they've got cash to hand out, and you get paid per share you're holding.
ok so when the price goes up like that, do I sell or hold for longer?
@loadshed_lindi at least Glencore's not dependent on our electricity grid like Eskom is, hey?