Previous close | 5.95 |
Open | 5.90 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 5.87 - 5.90 |
52-week range | 4.66 - 6.25 |
Volume | |
Avg. volume | 110,570 |
Market cap | 71.408B |
Beta (5Y monthly) | 1.32 |
PE ratio (TTM) | 17.28 |
EPS (TTM) | 0.34 |
Earnings date | N/A |
Forward dividend & yield | 0.13 (2.18%) |
Ex-dividend date | 02 May 2024 |
1y target est | N/A |
Mining and trading house Glencore aims to take thousands of metric tons of Russian aluminium from the London Metal Exchange (LME) and return it at a later date to profit from rule changes, three sources familiar with the matter said. The LME has banned from its system Russian aluminium, copper and nickel produced from April 13 to comply with new U.S. and UK sanctions imposed over Russia's invasion of Ukraine. The distinction creates a trading opportunity for companies such as Glencore, which has a multi-year contract with Russia's Rusal, the world's largest aluminium producer outside China.
A Russian arbitration court ruled on Monday that four units of Swiss commodities trader Glencore will pay more than 11.4 billion roubles, or some 114.8 million euros, worth of shares in a lawsuit filed by Sberbank, according to the court. The payments include 0.57% of shares of Russia's largest oil producer Rosneft and 10.55% of EN+ Group MKPAO, owned by Glencore Group Funding Limited. It is a second lawsuit Sberbank has filed in Russia against Glencore over unpaid fuel supplies.
Key Insights Institutions' substantial holdings in Glencore implies that they have significant influence over the...