South32 Ltd. (OTCMKTS:SOUHY) Given Consensus Recommendation of “Hold” by Brokerages

South32 Ltd. (OTCMKTS:SOUHY) has earned a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company.

SOUHY has been the topic of several research reports. Jefferies Financial Group upgraded shares of South32 from a “hold” rating to a “strong-buy” rating in a report on Monday, October 6th. Zacks Research upgraded shares of South32 from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th.

South32 Trading Up 0.3%

SOUHY opened at $11.58 on Friday. The stock’s fifty day simple moving average is $10.29 and its 200 day simple moving average is $9.75. South32 has a 1-year low of $7.52 and a 1-year high of $12.04. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.83 and a current ratio of 2.43.

South32 Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, October 16th. Stockholders of record on Monday, September 22nd were given a $0.1196 dividend. The ex-dividend date of this dividend was Friday, September 19th. This represents a dividend yield of 316.0%.

South32 Company Profile

South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.