South32 Ltd (ASX: S32)
If you're not averse to investing in the mining sector, then it could be worth considering diversified miner South32.
This ASX 200 mining share produces ten commodities from operations across six countries and three regions.
The good news is that the team at UBS believes the outlook for some of these commodities is becoming increasingly positive. This is particularly the case for copper, which could be heading for a supply crunch according to the broker.
In light of this, its analysts recently retained their buy rating with a $4.00 price target. This suggests potential upside of 37% for investors from current levels.
Ann: Australia Manganese Update, page-80
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Last
$3.09 |
Change
0.060(1.98%) |
Mkt cap ! $13.99B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.11 | $3.04 | $34.15M | 11.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 102483 | $3.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.10 | 44755 | 4 |
View Market Depth
| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| S32 (ASX) Chart |