South32 Ltd Stock Forum

$South32 Ltd(S32.AU)$com.au/south32-...

Thanks to the ban on RUSSIAN ALUMINUM going through the COMEX and LME, South 32 ( $South32 Ltd(S32.AU)$ ) rallied 4.5% and Alumina ( $Alumina Ltd(AWC.AU)$ ) put on 6%.…Elsewhere, I was a little surprised fundies weren’t coming in hard for our OILERS – Woodside ( $Woodside Energy Group Ltd(WDS.AU)$ ) only put on 0.3% and Santos ( $Santos Ltd(STO.AU)$ ) added just 0.9%….Got to say that STO looks more than ready to break out and we could even see WDS return with a better takeover offer.

Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
•Base metals: Aluminum prices climbed by 3%
•Precious metals: Silver prices briefly touched a 12-year high
•Bulk commodity: Iron ore prices dropped by 4.4%
Spot Price Snapshot
Key Price Moves
The spot price of $Aluminum Futures(SEP4)(ALImain.US)$ has...

Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
•Base metals: Aluminum prices climbed by 3%
•Precious metals: Silver prices briefly touched a 12-year high
•Bulk commodity: Iron ore prices dropped by 4.4%
Spot Price Snapshot
Key Price Moves
The spot price of $Aluminum Futures(SEP4)(ALImain.US)$ has...

G'day, mooers! Check out the latest news on today's stock market!
• Wall Street closed on Memorial Day
• ASX stocks rise; miners benefit from strong commodity prices
• Stocks to watch: Peter Warren, Pro Medicus, Playside Studios
AU Market Watch
The $S&P/ASX 200(.XJO.AU)$ rose by 0.1% at the opening bell driven by the energy and materials sectors. Rising oil, copper, and gold prices pushed these sectors higher. $Newmont Corp(NEM.AU)$ added 0.8...

lets go $South32 Ltd(S32.AU)$

South32 (ASX: $South32 Ltd(S32.AU)$ )
Rating: OUTPERFORM
Price target: $3.90
Latest close: $3.76
We note ~45% of S32’s net present value is aluminium, the tariffs could help the company to further re-rate, in our view