- South32 reported an alumina production of 1.35 million tons for the second quarter of the fiscal year.
- Aluminum production for the same period was recorded at 306,000 tons.
- The company produced 1.12 million wmt of manganese ore in the second quarter.
- Payable nickel output for the quarter reached 9,900 tons.
- Payable silver production was noted at 3.85 million ounces.
- South32’s payable lead production stood at 30,300 tons.
- Payable zinc production for the quarter amounted to 10,800 tons.
- Analyst recommendations for South32 included 11 buys, 8 holds, and 2 sells.
A look at South32 Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
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 positive long-term outlook based on the Smartkarma Smart Scores. With a high Value score of 4, the company is deemed to offer good value relative to its stock price. Although its Dividend and Growth scores are lower at 2, South32 demonstrates solid Resilience and Momentum with scores of 3. This indicates the company’s ability to withstand market uncertainties and maintain a consistent performance trend.
South32 Ltd‘s operations in producing alumina, aluminum, coal, and other metals globally provide a strong foundation for future growth and stability. While the Dividend and Growth scores may suggest room for improvement, the company’s overall outlook remains optimistic, supported by its robust Value, Resilience, and Momentum scores.
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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