OTCMKTS:GLNCY

Glencore (GLNCY) Stock Price, News & Analysis

$11.77
+0.12 (+1.03%)
(As of 04/24/2024 ET)
Today's Range
$11.70
$11.80
50-Day Range
$9.30
$11.98
52-Week Range
$9.26
$12.47
Volume
281,679 shs
Average Volume
710,925 shs
Market Capitalization
$71.80 billion
P/E Ratio
N/A
Dividend Yield
9.35%
Price Target
N/A

Glencore MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.01% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.31mentions of Glencore in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
33.77%
From $0.77 to $1.03 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.84 out of 5 stars

GLNCY stock logo

About Glencore Stock (OTCMKTS:GLNCY)

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution. It also operates marketing and distribution of physical commodities sourced from third party producers and company's production to industrial consumers, including the battery, electronic, construction, automotive, steel, energy, and oil industries. In addition, the company provides financing, logistics, and other services to producers and consumers of commodities. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland.

GLNCY Stock Price History

GLNCY Stock News Headlines

$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
Santacruz Silver amends Glencore agreements
$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
Li-Cycle shares rally as Glencore ups investment
Glencore initiated with bullish view at Goldman Sachs, here's why
Glencore's Future Plans
Glencore PLC ADR GLNCY
See More Headlines
Receive GLNCY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Glencore and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Today
4/24/2024
Ex-Dividend for 6/20 Dividend
5/02/2024
Dividend Payable
6/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Private households
Sub-Industry
N/A
Current Symbol
OTCMKTS:GLNCY
Employees
140,000
Year Founded
1974

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$217.83 billion
Cash Flow
$1.88 per share
Book Value
$6.27 per share

Miscellaneous

Outstanding Shares
6,100,360,000
Free Float
N/A
Market Cap
$71.80 billion
Optionable
Not Optionable
Beta
1.40

Social Links

These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

Key Executives

  • Mr. Gary Nagle (Age 49)
    CEO & Director
    Comp: $5.83M
  • Mr. Steven Kalmin (Age 53)
    Chief Financial Officer
    Comp: $305.59k
  • Mr. Martin Fewings
    Head of Investor Relations & Communications
  • Shaun Teichner
    General Counsel
  • Mr. Derrick Crowley
    Head of Human Resources
  • Mr. Dawid Myburgh
    Chief Geologist
  • Japie Fullard
    Head of Ferroalloys Assets
  • Jason Kluk
    Head of Ferroalloys & Nickel Marketing
  • Ruan Van Schalkwyk
    Head of Coal Marketing
  • Alex Sanna
    Head of Oil Marketing

Should I Buy Glencore Stock? GLNCY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Glencore plc:

  • Glencore is currently in talks for acquiring a stake in Pan American Silver's Argentina copper mine, indicating potential growth in the copper sector.
  • The company has a diversified portfolio across metals, minerals, and energy products, reducing risk associated with a single commodity.
  • Glencore provides financing, logistics, and other services to producers and consumers of commodities, creating additional revenue streams.
  • With operations across multiple continents, Glencore has a global presence, allowing it to capitalize on diverse market conditions.
  • Considering the recent stock price movements, Glencore's shares are showing resilience and potential for value appreciation.

Cons

Investors should be bearish about investing in Glencore plc for these reasons:

  • Volatility in commodity prices can impact Glencore's profitability, as the company is heavily reliant on the commodities market.
  • Regulatory challenges in different regions where Glencore operates can pose risks to its operations and financial performance.
  • Environmental concerns related to mining activities could lead to increased scrutiny and potential costs for compliance and sustainability measures.
  • Geopolitical tensions in regions where Glencore has significant operations may disrupt supply chains and impact the company's bottom line.
  • Fluctuations in global demand for commodities may affect Glencore's revenue streams and overall financial health.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Glencore pros and cons to contact@marketbeat.com.

GLNCY Stock Analysis - Frequently Asked Questions

Should I buy or sell Glencore stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glencore in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GLNCY shares.
View GLNCY analyst ratings
or view top-rated stocks.

How have GLNCY shares performed in 2024?

Glencore's stock was trading at $11.98 at the start of the year. Since then, GLNCY stock has decreased by 1.8% and is now trading at $11.77.
View the best growth stocks for 2024 here
.

Are investors shorting Glencore?

Glencore saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 612,100 shares, an increase of 133.5% from the March 15th total of 262,100 shares. Based on an average daily volume of 1,514,600 shares, the days-to-cover ratio is presently 0.4 days.
View Glencore's Short Interest
.

How often does Glencore pay dividends? What is the dividend yield for Glencore?

Glencore announced a dividend on Tuesday, April 2nd. Investors of record on Friday, May 3rd will be given a dividend of $0.116 per share on Thursday, June 20th. The ex-dividend date is Thursday, May 2nd.
Read our dividend analysis for GLNCY
.

Is Glencore a good dividend stock?

Glencore (OTCMKTS:GLNCY) pays an annual dividend of $1.10 per share and currently has a dividend yield of 9.35%. GLNCY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for GLNCY.

What ETFs hold Glencore's stock?
How do I buy shares of Glencore?

Shares of GLNCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Glencore have any subsidiaries?
The following companies are subsidiares of Glencore: ALE Combustiveis, ALE Combustiveis, AR Zinc Group, Access World Group, African Carbon Producers (Pty) Ltd, African Fine Carbon (Pty) Ltd, Asturiana de Zinc S.A., Biopetrol Industries, Britannia Refined Metals Limited, Char Technology (Pty) Ltd, Chemoil Energy Limited, Cobar Group, Compania Minera Antapaccay S.A., Compania Minera Lomas Bayas, Complejo Metalurgico Altonorte S.A., Empresa Minera Los Quenuales S.A., Finges Investment B.V., Glencore (Schweiz) AG, Glencore AG, Glencore Australia Holdings Pty Ltd, Glencore Australia Investment Holdings Pty Ltd, Glencore Australia Oil Pty Limited, Glencore Canada Corporation, Glencore Canada Financial Corp, Glencore Coal Queensland Pty Limited, Glencore Commodities Ltd, Glencore Energy UK Ltd, Glencore Exploration (EG) Ltd., Glencore Exploration Cameroon Ltd., Glencore Finance (Bermuda) Ltd, Glencore Finance (Europe) Limited, Glencore Funding LLC, Glencore Group Funding Limited, Glencore International AG, Glencore Investment Pty Ltd, Glencore Manganese Group, Glencore Nikkelverk AS, Glencore Operations Australia Pty Limited, Glencore Queensland Limited, Glencore Recycling Inc., Glencore Singapore Pte Ltd, Glencore UK Ltd, Izimbiwa Coal (Pty) Ltd, Katanga Mining Limited, Kazzinc Ltd., Koniambo Nickel S.A.S., Magdeburg, Mangoola Coal Operations Pty Limited, McArthur River Mining Pty Ltd, Minera Altos de Punitaqui Limitada, Minera Alumbrera Limited, Mopani Copper Mines plc, Mount Isa Mines Limited, Mt Owen Pty Limited, Murrin Murrin Group, Mutanda Group, NC Coal Company Pty Limited, Nordenhammer Zinkhütte GmbH, Oakbridge Pty Ltd, Pasar Group, Petrochad (Mangara) Limited, Portovesme S.r.L., Prodeco Group, Ravensworth Operations Pty Ltd, ST Shipping & Transport Pte Ltd, Sable Zinc, Sable Zinc Kabwe Limited, Sinchi Wayra Group, Sphere Minerals Limited, TRT, Tavistock Collieries (Pty) Limited, Topley Corporation, Umcebo Mining (Pty) Ltd, Vasilkovskoye Gold, Volcan Compania Minera S.A.A., Xstrata Limited, and Zhairemsky GOK JSC.
Read More
This page (OTCMKTS:GLNCY) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners