South32 (LON:S32) Trading Down 1.4% – What’s Next?

Shares of South32 Limited (LON:S32) traded down 1.4% during mid-day trading on Friday . The company traded as low as GBX 205 and last traded at GBX 206.50. 222,715 shares changed hands during trading, a decline of 77% from the average session volume of 949,581 shares. The stock had previously closed at GBX 209.50.

South32 Trading Down 1.4%

The stock has a market capitalization of £9.24 billion, a PE ratio of 29.50, a price-to-earnings-growth ratio of 7.26 and a beta of 0.70. The firm has a 50 day moving average price of GBX 227.40 and a 200 day moving average price of GBX 179.98.

About South32

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.