Shares of South32 Ltd. (OTCMKTS:SOUHY – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $15.33, but opened at $14.86. South32 shares last traded at $14.94, with a volume of 5,070 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Citigroup restated a “neutral” rating on shares of South32 in a report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.
Read Our Latest Stock Report on SOUHY
South32 Stock Down 2.7%
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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