South32 (SOUHY) to Post Quarterly Earnings on Thursday

South32 (OTCMKTS:SOUHY) is projected to issue its results before the market opens on Thursday, August 27th. Analysts expect the company to post earnings of $0.5670 per share and revenue of $3.1724 billion for the quarter.

South32 Stock Performance

OTCMKTS SOUHY opened at $18.46 on Wednesday. The business’s 50 day moving average is $15.52 and its two-hundred day moving average is $15.62. South32 has a 12-month low of $8.07 and a 12-month high of $18.50. The company has a current ratio of 2.71, a quick ratio of 1.99 and a debt-to-equity ratio of 0.14.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on SOUHY shares. Citigroup restated a “buy” rating on shares of South32 in a research note on Tuesday, May 26th. Zacks Research upgraded South32 from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, South32 presently has a consensus rating of “Buy”.

About South32

South32 is a diversified metals and mining company headquartered in Perth, Australia. Established in May 2015 through a demerger from BHP Billiton, the company focuses on the extraction, processing and marketing of commodities that underpin global industrial and consumer demand. South32’s portfolio includes alumina, aluminum, bauxite, metallurgical coal, manganese, nickel, silver, lead and zinc, making it a key participant across several commodity markets.

The company’s operations are organized by commodity and geography.