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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
OTCMKTS:GLNCY

Glencore (GLNCY) Stock Price, News & Analysis

$10.89
+0.26 (+2.45%)
(As of 03/27/2024 ET)
Today's Range
$10.59
$10.91
50-Day Range
$9.30
$10.87
52-Week Range
$9.26
$12.47
Volume
1.81 million shs
Average Volume
729,808 shs
Market Capitalization
$66.43 billion
P/E Ratio
N/A
Dividend Yield
10.10%
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
0.40mentions of Glencore in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
24.69%
From $0.81 to $1.01 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.

1.19 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, nickel, zinc, lead, 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

Li-Cycle shares rally as Glencore ups investment
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Glencore initiated with bullish view at Goldman Sachs, here's why
Glencore's Future Plans
Glencore PLC ADR GLNCY
Glencore Plc (GLNCY)
See More Headlines
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Company Calendar

Today
3/28/2024
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
$1.93 per share
Book Value
$6.27 per share

Miscellaneous

Outstanding Shares
6,100,360,000
Free Float
N/A
Market Cap
$66.43 billion
Optionable
Not Optionable
Beta
1.39

Social Links

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Key Executives

  • Mr. Gary Nagle (Age 49)
    CEO & Director
    Comp: $6.07M
  • Mr. Steven Kalmin (Age 53)
    Chief Financial Officer
    Comp: $309.63k
  • 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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Glencore was last updated on Tuesday, March 26, 2024 at 10:11 PM.

Pros

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

  • Glencore is currently in talks for acquiring a stake in Pan American Silver's Argentina copper mine, indicating potential growth in the copper sector.
  • The company has a diversified portfolio across metals, minerals, and energy products, reducing risk associated with a single commodity.
  • Glencore provides financing, logistics, and other services to producers and consumers of commodities, creating additional revenue streams.
  • With operations across multiple continents, Glencore has a global presence, allowing it to capitalize on various market conditions and opportunities.
  • Investors can benefit from Glencore's expertise in marketing and distribution of physical commodities to industrial consumers, ensuring steady demand for its products.

Cons

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

  • Volatility in commodity prices can impact Glencore's profitability, as the company is heavily reliant on the performance of the commodities market.
  • Regulatory challenges in different regions where Glencore operates can pose risks to its operations and financial performance.
  • Fluctuations in global economic conditions may affect demand for commodities, impacting Glencore's revenue streams.
  • Environmental and social responsibility concerns related to mining activities could lead to reputational damage and potential legal issues for Glencore.
  • Investors should closely monitor Glencore's stock price movements and financial reports to make informed investment decisions.

GLNCY Stock Analysis - Frequently Asked Questions

Should I buy or sell Glencore stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Glencore in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GLNCY shares.
View GLNCY analyst ratings
or view top-rated stocks.

How have GLNCY shares performed in 2024?

Glencore's stock was trading at $11.98 on January 1st, 2024. Since then, GLNCY stock has decreased by 9.1% and is now trading at $10.89.
View the best growth stocks for 2024 here
.

Are investors shorting Glencore?

Glencore saw a increase in short interest in March. As of March 15th, there was short interest totaling 262,100 shares, an increase of 448.3% from the February 29th total of 47,800 shares. Based on an average trading volume of 1,488,300 shares, the short-interest ratio is presently 0.2 days.
View Glencore's Short Interest
.

How often does Glencore pay dividends? What is the dividend yield for Glencore?

Glencore declared a dividend on Saturday, August 19th. Shareholders of record on Friday, September 1st will be paid a dividend of $0.55 per share on Friday, October 6th. The ex-dividend date is Thursday, August 31st. This is a boost from the stock's previous dividend of $0.39.
Read our dividend analysis for GLNCY
.

Is Glencore a good dividend stock?

Glencore (OTCMKTS:GLNCY) pays an annual dividend of $1.10 per share and currently has a dividend yield of 10.38%. GLNCY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for GLNCY.

What ETF holds Glencore's stock?

Simplify Volt RoboCar Disruption and Tech ETF holds 1,250 shares of GLNCY stock, representing 0.33% of its portfolio.

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.

Does Glencore have any subsidiaries?
The following companies are subsidiares of Glencore: ALE Combustiveis, ALE Combustiveis, AR Zinc Group, Access World Group, African Carbon Producers (Pty) Ltd, African Fine Carbon (Pty) Ltd, Asturiana de Zinc S.A., Biopetrol Industries, Britannia Refined Metals Limited, Char Technology (Pty) Ltd, Chemoil Energy Limited, Cobar Group, Compania Minera Antapaccay S.A., Compania Minera Lomas Bayas, Complejo Metalurgico Altonorte S.A., Empresa Minera Los Quenuales S.A., Finges Investment B.V., Glencore (Schweiz) AG, Glencore AG, Glencore Australia Holdings Pty Ltd, Glencore Australia Investment Holdings Pty Ltd, Glencore Australia Oil Pty Limited, Glencore Canada Corporation, Glencore Canada Financial Corp, Glencore Coal Queensland Pty Limited, Glencore Commodities Ltd, Glencore Energy UK Ltd, Glencore Exploration (EG) Ltd., Glencore Exploration Cameroon Ltd., Glencore Finance (Bermuda) Ltd, Glencore Finance (Europe) Limited, Glencore Funding LLC, Glencore Group Funding Limited, Glencore International AG, Glencore Investment Pty Ltd, Glencore Manganese Group, Glencore Nikkelverk AS, Glencore Operations Australia Pty Limited, Glencore Queensland Limited, Glencore Recycling Inc., Glencore Singapore Pte Ltd, Glencore UK Ltd, Izimbiwa Coal (Pty) Ltd, Katanga Mining Limited, Kazzinc Ltd., Koniambo Nickel S.A.S., Magdeburg, Mangoola Coal Operations Pty Limited, McArthur River Mining Pty Ltd, Minera Altos de Punitaqui Limitada, Minera Alumbrera Limited, Mopani Copper Mines plc, Mount Isa Mines Limited, Mt Owen Pty Limited, Murrin Murrin Group, Mutanda Group, NC Coal Company Pty Limited, Nordenhammer Zinkhütte GmbH, Oakbridge Pty Ltd, Pasar Group, Petrochad (Mangara) Limited, Portovesme S.r.L., Prodeco Group, Ravensworth Operations Pty Ltd, ST Shipping & Transport Pte Ltd, Sable Zinc, Sable Zinc Kabwe Limited, Sinchi Wayra Group, Sphere Minerals Limited, TRT, Tavistock Collieries (Pty) Limited, Topley Corporation, Umcebo Mining (Pty) Ltd, Vasilkovskoye Gold, Volcan Compania Minera S.A.A., Xstrata Limited, and Zhairemsky GOK JSC.
Read More
This page (OTCMKTS:GLNCY) was last updated on 3/28/2024 by MarketBeat.com Staff

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