Earnings Alerts

South32 Ltd (S32) Earnings: Q1 Production Highlights and Analyst Ratings – Alumina, Aluminum, Manganese, and More

By October 21, 2024 No Comments
  • South32 reported alumina production of 1.18 million tons in the first quarter.
  • Aluminum production for the same period reached 298,000 tons.
  • Manganese ore production totaled 597,000 wet metric tons (wmt).
  • Payable nickel output was 8,600 tons.
  • The company’s payable silver production amounted to 2.07 million ounces.
  • Payable lead production was recorded at 19,300 tons.
  • Payable zinc production stood at 12,100 tons.
  • Illawarra’s total coal sales reached 540,000 tons.
  • Analyst recommendations include 11 buys, 7 holds, and 3 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 is positioned for a promising long-term outlook as per the Smartkarma Smart Scores assessment. With a strong Value score, the company is deemed to have attractive valuation metrics. Although the Dividend and Growth scores are moderate, the company shows resilience in its operations and possesses a favorable Momentum score, indicating positive market sentiment. As a diversified metals and mining company operating globally, South32 Ltd demonstrates robustness across various factors contributing to its overall outlook.

South32 Limited, a diversified metals and mining company that produces a range of crucial metals including alumina, aluminum, coal, manganese, nickel, silver, lead, and zinc, is rated favorably on key metrics. With a notable Value score and solid Resilience and Momentum scores, South32 Ltd exhibits a strong foundation for long-term growth potential. While the Dividend and Growth scores are more modest, the company’s global presence underscores its stability and capacity to navigate market dynamics effectively, positioning it well for the future.


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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