Shares of South32 Ltd. (OTCMKTS:SOUHY – Get Free Report) shot up 8.8% on Tuesday. The company traded as high as $15.78 and last traded at $15.78. Approximately 452 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 79,434 shares. The stock had previously closed at $14.51.
South32 Stock Up 1.6%
The stock has a fifty day moving average price of $17.29 and a two-hundred day moving average price of $15.92. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.44 and a quick ratio of 1.92.
About South32
South32 Limited is a diversified mining and metals company headquartered in Perth, Australia. The company was established in 2015 through the demerger of selected assets from BHP and operates a portfolio focused on commodities used in manufacturing, infrastructure and the energy transition.
Its principal products include alumina, aluminium, copper, zinc, lead, silver, manganese and metallurgical coal. South32 operates or holds interests in mines, processing facilities and development projects, including alumina and aluminium operations in Australia and southern Africa, the Cannington silver-lead-zinc mine in Australia, the Illawarra metallurgical coal operations in New South Wales, and the Hermosa base-metals development project in Arizona.
South32 serves international markets through operations and investments across Australia, southern Africa, South America and North America.
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