South32 (LON:S32) Reaches New 12-Month High – Should You Buy?

Shares of South32 Limited (LON:S32Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 250 and last traded at GBX 244.50, with a volume of 64316 shares trading hands. The stock had previously closed at GBX 240.50.

South32 Stock Up 0.8%

The company has a market cap of £10.86 billion, a P/E ratio of 51.60, a P/E/G ratio of 7.26 and a beta of 0.91. The business’s 50 day moving average is GBX 213.24 and its 200 day moving average is GBX 170.80.

About South32

(Get Free Report)

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. It has a portfolio of assets producing bauxite, alumina, aluminum, copper, silver, lead, zinc, nickel, metallurgical coal, manganese, ferronickel, and other base metals.

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