South32 (LON:S32) Shares Down 0.3%

South32 Limited (LON:S32)’s share price fell 0.3% on Tuesday . The stock traded as low as GBX 191.88 ($2.46) and last traded at GBX 193.90 ($2.48). 202,704 shares changed hands during trading, a decline of 59% from the average session volume of 492,411 shares. The stock had previously closed at GBX 194.50 ($2.49).

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Royal Bank of Canada cut their price target on South32 from GBX 370 ($4.74) to GBX 350 ($4.48) and set an “outperform” rating for the company in a report on Wednesday, March 20th. Citigroup reaffirmed a “neutral” rating on shares of South32 in a research note on Monday, June 17th.

South32 Stock Performance

The firm’s 50 day moving average price is GBX 195.66 and its two-hundred day moving average price is GBX 175.27. The firm has a market cap of £8.71 billion, a PE ratio of -1,385.00, a PEG ratio of 4.40 and a beta of 0.89.

About South32

South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.