Earnings Alerts

South32 Ltd (S32) Earnings: Astonishing Metallurgical Coal Production and Expanding Portfolio Ignite Investor Confidence

  • Metallurgical coal production by South32 in the third quarter was 1.24 million tons.
  • The company also produced 1.24 million tons of Alumina in this quarter.
  • Aluminum production during this period was registered at 278,000 tons.
  • Manganese ore production totaled 1.18 million wmt in the third quarter.
  • South32 achieved energy coal production of 161,000 tons in the quarter.
  • Payable nickel output reached 10,800 tons in the third quarter.
  • The company produced 3.05 million ounces of payable silver in the quarter.
  • In terms of lead, South32 recorded a payable production of 24,800 tons.
  • The company’s payable zinc production for the quarter stood at 14,300 tons.
  • The current market performance of the company shows 14 buys, 4 holds, and 2 sells.

A look at South32 Ltd Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth2
Resilience3
Momentum3
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

South32 Ltd, a diversified metals and mining company, is positioned for a favorable long-term outlook based on Smartkarma Smart Scores. With a strong Value score of 4, the company is perceived positively in terms of its financial health and stock price relative to its intrinsic value.

While South32 Ltd‘s Dividend and Growth scores are moderate at 2 each, indicating room for improvement in these areas, the company shows resilience with a score of 3, reflecting its ability to navigate challenging market conditions. Additionally, the Momentum score of 3 suggests a steady pace in its operational performance and market presence.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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