Glencore Ord Shs GLCNF

Metals & Mining Industrial Metals & Minerals

Glencore PLC is a Switzerland-based producer and marketer of natural resources. The Company produces and markets a diverse range of metals and minerals - such as copper, cobalt, zinc, nickel and ferroalloys - and markets aluminium/alumina and iron ore from third parties. The Company is a producer and marketer of coal, with mines in Australia, Africa and South America - and a marketer of crude oil, refined products and natural gas. The Company physically source commodities and products from its global supplier base - and sell them to customers all over the world, transporting commodities by sea, rail and truck, storing, processing, and delivering them. The Company is also involved in the recycling of copper and precious metals.

OTCPK:GLCNF - Post by User

Glencore Ord Shs

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Post by sdhakaon Jul 17, 2024 4:49pm

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Post# 36137354

Glencore faces challenges with an EV/R

In today's ever-changing market, understanding how investors value gold and base metal producers is crucial.

Glencore faces challenges with an EV/R at 0.46 and EV/EBITDA at 0.94, highlighting market concerns about profitability or operational efficiency.

Sector Trends:

The base metal sector's valuation is influenced by global economic factors like supply chain disruptions and commodity price volatility. In contrast, gold producers often maintain higher valuation multiples due to gold's safe-haven status during economic uncertainty, leading to steadier demand and stronger market confidence.

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