LSE:GLENMetals and Mining
Is Glencore (LSE:GLEN) Fairly Priced After Recent Share Price Strength?
If you are wondering whether Glencore is attractively priced or starting to look expensive, its recent share moves and valuation checks offer some useful clues.
The stock last closed at £4.53, with returns of 8.0% over 7 days, 20.5% over 30 days, 10.7% year to date and 27.9% over 1 year. The 3 year return stands at a 5.2% decline and the 5 year return at 109.2%.
Recent news coverage has focused on Glencore's position in global commodities markets and how investor sentiment around resources...