Citigroup upgraded shares of South32 (OTCMKTS:SOUHY – Free Report) from a neutral rating to a buy rating in a research report sent to investors on Monday, Marketbeat.com reports.
South32 Stock Up 9.2%
Shares of SOUHY stock opened at $15.01 on Monday. South32 has a twelve month low of $7.52 and a twelve month high of $16.89. The company has a current ratio of 2.71, a quick ratio of 1.99 and a debt-to-equity ratio of 0.14. The stock has a fifty day simple moving average of $15.43 and a two-hundred day simple moving average of $12.40.
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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