Citigroup upgraded shares of South32 (OTCMKTS:SOUHY – Free Report) from a neutral rating to a buy rating in a research report report published on Monday morning, Marketbeat.com reports.
South32 Price Performance
SOUHY opened at $15.71 on Monday. South32 has a twelve month low of $7.52 and a twelve month high of $16.89. The firm’s 50-day moving average price is $15.48 and its 200 day moving average price is $12.46. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.99 and a current ratio of 2.71.
South32 Company Profile
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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