LSE:GLENMetals and Mining
Is Glencore Still Attractively Priced After Its Recent Share Price Climb?
If you are wondering whether Glencore is still good value after its recent run, or if most of the upside is already priced in, you are not alone. This article is here to unpack exactly that.
The stock has climbed 5.6% over the last week, 6.4% over the past month and is up 4.9% year to date, even though the 3-year return is still down 19.3% after a strong 102.5% gain over 5 years.
Those moves have come as investors refocus on Glencore's role in key transition metals and reshuffle expectations...