South32 (LON:S32) Stock Price Up 9.7% – Should You Buy?

South32 Limited (LON:S32) traded up 9.7% on Monday . The company traded as high as GBX 230 and last traded at GBX 226. 1,787,255 shares changed hands during trading, an increase of 88% from the average session volume of 952,224 shares. The stock had previously closed at GBX 206.

South32 Price Performance

The firm has a market cap of £10.12 billion, a price-to-earnings ratio of 32.29, a price-to-earnings-growth ratio of 7.26 and a beta of 0.70. The firm’s fifty day moving average is GBX 227.94 and its 200-day moving average is GBX 183.55.

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