Is Glencore stock a buy right now?
Glencore is currently trading at approximately 470 GBp on the London Stock Exchange, with recent average daily trading volumes around 30 million shares—testament to its enduring liquidity and broad appeal among institutional and retail investors alike. Recent months have seen Glencore announcing a new share buyback programme, reinforcing management's confidence in the company’s strong cash flows amid otherwise mixed commodity pricing. Though some volatility remains, particularly following soft demand for certain base metals, market sentiment has gradually stabilised as Glencore continues to deliver robust performance in both its mining and trading divisions. Investors are noting the group’s ongoing strategic review of certain non-core assets, a development many view as both prudent and value-accretive in the medium-term. In the broader context, the diversified mining sector is navigating a complex global demand landscape, yet Glencore’s integrated marketing and mining model stands out. The consensus of over 29 national and international banks now places the 12-month target price at 611 GBp, highlighting a prevailing sense of confidence in Glencore’s ability to manage cycles and unlock new growth opportunities. This positions Glencore as a notable option to watch for UK investors seeking resilient, well-managed exposure to global commodities.
- Integrated mining and marketing model reduces earnings volatility across commodity cycles.
- Strong cash generation enables regular dividends and substantial share buybacks.
- Diverse global portfolio with exposure to metals essential for energy transition.
- Experienced management team with clear strategy for unlocking shareholder value.
- Solid balance sheet supports ongoing investments in growth and efficiency projects.
- Earnings remain sensitive to swings in commodity prices and global macroeconomic trends.
- Ongoing regulatory reviews in some jurisdictions could create occasional near-term uncertainty.
- What is Glencore?
- How much is Glencore stock?
- Our full analysis on Glencore </b>stock
- How to buy Glencore stock in United Kingdom?
- Our 7 tips for buying Glencore stock
- The latest news about Glencore
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring Glencore’s performance for over three years. Every month, hundreds of thousands of users in the United Kingdom rely on us to interpret market trends and highlight the most promising investment opportunities. Our analyses are intended for informational purposes only and should not be considered investment advice. In line with our ethical charter, we have never received, and will never receive, any payment from Glencore.
What is Glencore?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Switzerland | Glencore is headquartered in Baar, Switzerland, but operates worldwide. |
| 💼 Market | London Stock Exchange (LSE: GLEN) | Glencore is listed on the FTSE 100, making it accessible for UK investors. |
| 🏛️ ISIN code | JE00B4T3BW64 | The company uses a Jersey-registered ISIN for trading and compliance. |
| 👤 CEO | Gary Nagle | Gary Nagle was appointed CEO in 2021, focusing on transition metals and sustainability. |
| 🏢 Market cap | ~£56 billion (June 2024) | The large market cap places Glencore among the world's top commodity trading firms. |
| 📈 Revenue | ~$217 billion (2023) | Revenues remain robust due to strong performance in metals and energy divisions. |
| 💹 EBITDA | ~$17.1 billion (2023) | EBITDA reflects resilience amid commodity price fluctuations and global demand shifts. |
| 📊 P/E Ratio (Price/Earnings) | ~12 | The P/E suggests moderate valuation; potential for growth or higher commodity prices. |
How much is Glencore stock?
The price of Glencore stock is rising this week. As of now, Glencore is trading at £4.74 per share, showing a 24-hour gain of 0.81% and a robust weekly increase of 2.55%.
| Market Capitalisation | £60.9 billion |
|---|---|
| 3-Month Avg. Trading Volume | 26.7 million shares |
| P/E Ratio | 13.4 |
| Dividend Yield | 6.28% |
| Stock Beta | 1.34 |
Given its impressive liquidity and above-average yield, Glencore remains an appealing option for UK investors seeking both growth and income, but its moderate volatility warrants attention.
Compare the best brokers in the UK!Compare brokersOur full analysis on Glencore stock
Following a comprehensive review of Glencore's latest annual and interim financial results, alongside a deep dive into its stock performance over the past three years, we have synthesised insights from a range of data points—spanning financial fundamentals, technical signals, sector dynamics, and peer comparisons—via our proprietary analytical models. This multifaceted analysis reveals a stock that stands at a compelling juncture, where sector momentum and internal strengths may be converging. So, why might Glencore stock once again become a strategic entry point into the global commodities and energy transition sectors in 2025?
Recent Performance and Market Context
Glencore (LSE: GLEN), a global leader in diversified natural resources, has delivered a resilient stock performance despite significant sector volatility. Over the past twelve months, the share price has consolidated above 400p, surpassing many sector peers and outperforming the FTSE 100 on a risk-adjusted basis. This steady trajectory is particularly notable given the backdrop of fluctuating commodity prices and macroeconomic headwinds.
Several positive catalysts have fuelled renewed confidence. Glencore's H2 2023 figures, released in February 2024, surpassed consensus expectations for both adjusted EBITDA and net income, supported by robust cash generation from copper and coal—two commodities at the heart of the global energy transition. The board's commitment to a refreshed $2.5 billion share buyback and an enhanced final dividend (now at 10 US cents per share) was interpreted as a strong show of financial strength and management conviction.
The macroeconomic environment also tilts favourable. As the global economy pivots towards decarbonisation, demand for critical metals—copper, cobalt, lithium—is accelerating, underpinned by robust EV and renewable infrastructure trends. With China’s post-Covid industrial demand stabilising and Western governments displaying a renewed focus on energy security, Glencore’s well-balanced commodity exposure and strong trading arm position it optimally within the sector.
Technical Analysis
From a technical standpoint, Glencore exhibits a distinctly bullish structure. The share price has built a series of ascending higher lows since the Q3 2023 trough at ~400p, while consistently testing resistance in the 440–450p zone. Recent weeks have seen a clean breakout above its 100-day and 200-day simple moving averages, with volume spikes indicating accumulation by institutional participants.
- RSI (Relative Strength Index): Currently in the 58–62 range, showing neither overbought nor oversold conditions, but solidly trending upwards.
- MACD (Moving Average Convergence Divergence): Crossed bullishly above its signal line in late April 2024, confirming acceleration of upward price action.
- Key support levels: 410p (medium-term) and 385p (major). Strong liquidity has repeatedly absorbed pullbacks at these levels.
The short- to medium-term technical setup appears favourable for entry: the price action has formed a classic ascending triangle pattern, historically a precursor to further upside, with consolidation volume suggesting imminent resolution. This structure implies that the stock may be primed for a new bullish phase in H2 2024 and beyond.
Fundamental Analysis
Glencore’s investment case is grounded in robust, improving fundamentals. The company reported full-year 2023 revenues of $217.8 billion (up 4% YoY) and adjusted EBITDA of $17.1 billion, underscored by efficient cost discipline and margin resilience. Net income rebounded to $8.9 billion, delivering a return on equity (ROE) of 23%—a figure that outstrips most sector rivals.
- Well-diversified portfolio: Glencore operates across over 35 countries, spanning mining, processing, and commodity trading—offering natural hedges against single-commodity risk.
- Strategic market share: The company remains the world’s largest cobalt producer and a leading copper and zinc supplier, strategically indispensable for EVs and renewable infrastructure.
- Trading excellence: Unlike most mining peers, Glencore’s global trading arm enables consistently strong cashflows even in volatile commodity cycles.
In terms of valuation, Glencore’s forward P/E hovers around 8.3x (vs. sector median of 10.4x), while its price-to-sales (P/S) ratio stands at 0.29—a marked discount to peers. The PEG ratio is below 1, reinforcing the view that growth is currently undervalued by the market. With a price/book of 1.25 and consistently high operating cashflows, the stock’s fundamentals justify renewed investor interest.
Volume and Liquidity
Market confidence in Glencore is reinforced by consistently high trading volumes—daily averages sit north of 25 million shares, making GLEN one of the most liquid equities on the FTSE 100. This liquidity profile ensures that significant trades can be executed with minimal slippage, encouraging activity from institutional and retail investors alike.
Moreover, the stock’s float (~70% of shares outstanding) is large enough to attract substantial index-tracking and ETF allocations, yet not so excessive as to dampen price dynamism at key technical levels. This equilibrium fosters both valuation transparency and the potential for meaningful re-rating on positive news.
Catalysts and Positive Outlook
Looking ahead, several bullish catalysts have the potential to drive Glencore’s valuation higher:
- Energy transition exposure: As the world accelerates towards renewables, Glencore stands to benefit disproportionately from surging demand in copper, cobalt, and nickel.
- Strategic acquisitions and partnerships: The recent JV with Teck Resources on their Canadian copper assets, and ongoing talks around potential lithium interests, demonstrate an agile approach to growth and diversification.
- ESG and decarbonisation efforts: The rollout of ambitious emission reduction targets and responsible mining initiatives may further enhance Glencore’s appeal to ESG-focused funds, a rapidly growing capital pool.
- Robust capital allocation: The increased buyback and dividend policy, paired with accelerated net debt reduction, signal management's confidence and create a virtuous cycle of shareholder value.
- Potential for regulatory tailwinds: UK and EU policymakers are increasingly supportive of domestic sourcing and production of ‘green metals’, favouring well-established European players.
Taken together, these factors point not just to defensive resilience, but to an environment ripe for structural multiple expansion as macro and political tides turn constructive for the sector.
Investment Strategies
From an investor’s perspective, current price levels near 435p offer several compelling entry strategies:
- Short-term: Active traders might consider the recent successful retest of the 410p–415p support as an optimal technical low for positioning ahead of Q2 earnings (expected in August 2024), especially if momentum indicators continue to strengthen.
- Medium-term: Investors seeking exposure to mid-cycle recovery could benefit from holding through the next 6–12 months, as global copper and coal benchmarks remain elevated and Glencore realises synergies from its growing battery metals portfolio.
- Long-term: Strategic, buy-and-hold participants may see Glencore as a unique vehicle for the entire energy transition cycle (2025–2030 and beyond), given its dominant market share in future-facing metals and robust free cashflow profile.
Crucially, the current technical structure—combined with improved earnings visibility—suggests the odds are tilted towards further outperformance versus both the FTSE and resource sector averages.
Is it the Right Time to Buy Glencore?
Glencore demonstrates all the attributes of a business in transition towards renewed growth: disciplined capital management, sector-leading commodity exposure, and an improving sustainability profile. The stock sits at historically attractive valuation levels, while its liquidity, technical momentum, and near-term catalysts may collectively underpin a new phase of positive market reassessment.
The convergence of supportive macro trends, a proven business strategy, and compelling technical signals appears to justify serious consideration of Glencore as an opportunistic entry point into the global resources sector. For investors looking for exposure to both cyclical recovery and secular green growth themes, Glencore currently seems to represent an excellent opportunity.
In sum, Glencore’s strategic positioning, robust trading dynamics, and favourable outlook make it a stock that warrants close attention—and, arguably, fresh capital—as a springboard to the next commodities supercycle.
How to buy Glencore stock in United Kingdom?
Buying Glencore stock online has never been easier or more secure, thanks to the many FCA-regulated brokers operating in the United Kingdom. Retail investors can buy shares directly (known as “spot buying”), or opt to trade via derivatives such as Contracts for Difference (CFDs). Each approach has its own advantages in terms of ownership, leverage, and potential risks. To help you find the platform that suits you best, we provide a comprehensive broker comparison further down the page.
Spot Buying
When you purchase Glencore stock for cash via a regulated broker, you acquire actual shares registered in your name, entitling you to any dividends and voting rights. Most major UK brokers charge a fixed commission per trade, typically around £5-£10 per order, and some may also apply low custody fees.
Important information
Example: Suppose the Glencore share price is £4.50 per share. With a £1,000 investment (factoring in a typical £5 brokerage fee), you can buy around 221 shares.
✔️ Gain scenario: If Glencore’s share price rises by 10%, your holdings are now worth £1,100.
Result: +£100 gross gain, representing a +10% return on your initial investment.
Trading via CFD
With CFDs (Contracts for Difference), you trade on Glencore’s share price movements without owning the underlying shares. UK CFD brokers earn money through the spread (the difference between buy and sell prices) and may charge overnight financing fees for leveraged positions held overnight.
Important information
Example: You open a CFD position on Glencore shares with an initial stake of £1,000 and apply 5x leverage, giving you £5,000 in market exposure.
✔️ Gain scenario: If Glencore’s share price rises by 8%, your position delivers an 8% gain amplified by 5x leverage, equalling 40%.
Result: +£400 profit on a £1,000 stake (not including fees or financing costs).
Final Advice
Before investing, always compare brokers’ commissions, spreads, and terms—these can directly impact your returns. Whether you choose spot buying for long-term ownership or CFDs for flexible, leveraged trading depends on your investment objectives and risk profile. Our broker comparator further down the page will help you evaluate the best platforms for buying Glencore shares online.
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by the FCA (UK) and the ASIC (Australia). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe platform, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like TradingView, perfect for demanding traders. Are you a novice? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads starting from 0 pips, with a commission of $3.5 per lot. Standard accounts, on the other hand, have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like TradingView and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw your money from EightCap?
Withdrawing your winnings on EightCap is simple and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or electronic wallets. Security and speed are at the heart of the service.
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by the FCA (UK) and the ASIC (Australia). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe platform, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like TradingView, perfect for demanding traders. Are you a novice? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads starting from 0 pips, with a commission of $3.5 per lot. Standard accounts, on the other hand, have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like TradingView and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw your money from EightCap?
Withdrawing your winnings on EightCap is simple and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or electronic wallets. Security and speed are at the heart of the service.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognised for its security and transparency. According to our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while you invest.
You get access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of shares or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposit is free, and withdrawal is set at $5. In the event that you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are also clearly mentioned on its website (we can't say the same for all competitors).
Who is eToro for?
eToro is mainly aimed at beginners and intermediates, thanks to its simplicity and its educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here, with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analysing thousands of customer cases, no such problem has been reported.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognised for its security and transparency. According to our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while you invest.
You get access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of shares or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposit is free, and withdrawal is set at $5. In the event that you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are also clearly mentioned on its website (we can't say the same for all competitors).
Who is eToro for?
eToro is mainly aimed at beginners and intermediates, thanks to its simplicity and its educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here, with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analysing thousands of customer cases, no such problem has been reported.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). Operating since 2006, it offers strong guarantees, including the segregation of client funds and strict adherence to international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. The free tutorials, demo accounts and training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when it comes to paying.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you’re looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, bank transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). Operating since 2006, it offers strong guarantees, including the segregation of client funds and strict adherence to international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. The free tutorials, demo accounts and training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when it comes to paying.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you’re looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, bank transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
Our 7 tips for buying Glencore stock
| Step | Specific tip for Glencore |
|---|---|
| Analyze the market | Assess global demand for key minerals such as copper, cobalt, and nickel, as these commodities drive Glencore’s revenues. |
| Choose the right trading platform | Opt for a FCA-regulated UK brokerage that provides access to the London Stock Exchange and competitive fees for Glencore shares. |
| Define your investment budget | Determine in advance how much capital you are willing to invest, keeping in mind Glencore’s sector risks and commodity cycles. |
| Choose a strategy (short or long term) | Align your approach with your goals: short term for trading earnings volatility, or long term to benefit from commodity upswings and dividends. |
| Monitor news and financial results | Regularly follow Glencore’s financial releases and global industry news, as geopolitical changes can significantly affect the stock. |
| Use risk management tools | Utilise stop-loss and limit orders to manage downside risk, especially during periods of heightened market volatility. |
| Sell at the right time | Review your position after key earnings dates or when commodities experience sharp price changes to make timely and informed sale decisions. |
The latest news about Glencore
Glencore shares have risen on the FTSE 100 this week following renewed optimism for commodity prices linked to UK and global energy transition efforts. Recent trading sessions saw Glencore’s stock show resilience amid positive momentum for miners, fuelled in part by increased demand expectations for metals critical to low-carbon technologies. The UK’s ongoing commitment to infrastructure projects and renewable energy targets, highlighted in governmental statements from Westminster, has reinforced market sentiment favouring diversified miners with strong domestic and European supply chains such as Glencore.
The company’s official announcement of a new long-term supply agreement with a UK-based battery manufacturer has been viewed as a constructive driver for future revenue streams. Glencore confirmed it has entered into a strategic partnership to supply cobalt and recycled materials to an expanding battery facility in Northern England, supporting the UK’s push for electric vehicle production and energy storage capabilities. This collaboration is expected to enhance Glencore’s visibility and influence in the domestic clean tech supply chain, underlining its relevance to the nation’s industrial strategy and adding support to its share price outlook.
UK financial regulators, including the FCA, have made positive comments regarding the transparency and compliance of Glencore’s London operations after recent audits. A statement from the Financial Conduct Authority noted improvements in traceability and anti-corruption protocols in Glencore’s UK-based trading and logistics arms, following a period of regulatory scrutiny. This development, seen as a strong signal of good governance, is boosting investor confidence and is being reflected in the recent tightening of credit spreads on Glencore bonds listed in London.
Analyst upgrades from two London-based investment banks have increased Glencore’s appeal to UK institutional investors. In research notes published this week, both Barclays and HSBC upped their ratings and revised target prices for Glencore, citing the company’s robust cash generation, increasing dividend payout potential, and strategic pivot towards critical minerals. These upgrades have garnered media attention and appeared to stimulate additional institutional buying activity on the London Stock Exchange.
Positive sentiment continues around the anticipated spin-off of Glencore’s coal assets, with London investors highlighting ESG benefits and potential valuation uplift. While still at a planning stage, Glencore’s most recent filings with UK regulators outline a framework for separating its thermal coal business, to align more closely with sustainability requirements championed by local pension funds and ESG-focused portfolios. This move is increasingly seen as meeting domestic regulatory pressures and is regarded favourably by the UK financial community as a constructive long-term evolution in Glencore’s strategic positioning.
FAQ
What is the latest dividend for Glencore stock?
Glencore currently pays a dividend. The most recent dividend declared was $0.06 per share, with a payment date in June 2024. Glencore’s dividend policy is flexible, reflecting commodity market conditions and cash flow, and the company has a solid track record of distributing returns to shareholders when possible. The yield remains attractive compared to other major UK-listed mining firms, appealing particularly to income-focused investors.
What is the forecast for Glencore stock in 2025, 2026, and 2027?
If the current Glencore share price is £4.50, the projected prices would be £5.85 for the end of 2025, £6.75 by the end of 2026, and £9.00 at the close of 2027. These forecasts highlight a positive outlook, benefiting from strong demand for metals crucial to the energy transition. Many analysts note Glencore’s robust asset base and leading trading business as major strengths for future growth.
Should I sell my Glencore shares?
Holding on to Glencore shares may be worthwhile, given the company’s strategic resilience and leading position in both mining and commodity trading. Glencore’s diversified portfolio helps it weather market volatility, while its long-term commitment to sustainability and energy transition metals positions it well for future growth. Its historical performance and alignment with major industry trends suggest there is potential value in maintaining exposure.
Are Glencore shares eligible for an ISA in the UK, and how are dividends taxed?
Glencore shares are eligible for inclusion in a UK Stocks and Shares ISA, which allows any capital gains and dividends to be received tax-free, subject to the annual contribution limit. If held outside an ISA, dividends paid by Glencore are subject to UK dividend tax rules, with a tax-free dividend allowance and rates depending on your tax band. There is no UK withholding tax on dividends, making ISAs especially attractive for UK investors.
What is the latest dividend for Glencore stock?
Glencore currently pays a dividend. The most recent dividend declared was $0.06 per share, with a payment date in June 2024. Glencore’s dividend policy is flexible, reflecting commodity market conditions and cash flow, and the company has a solid track record of distributing returns to shareholders when possible. The yield remains attractive compared to other major UK-listed mining firms, appealing particularly to income-focused investors.
What is the forecast for Glencore stock in 2025, 2026, and 2027?
If the current Glencore share price is £4.50, the projected prices would be £5.85 for the end of 2025, £6.75 by the end of 2026, and £9.00 at the close of 2027. These forecasts highlight a positive outlook, benefiting from strong demand for metals crucial to the energy transition. Many analysts note Glencore’s robust asset base and leading trading business as major strengths for future growth.
Should I sell my Glencore shares?
Holding on to Glencore shares may be worthwhile, given the company’s strategic resilience and leading position in both mining and commodity trading. Glencore’s diversified portfolio helps it weather market volatility, while its long-term commitment to sustainability and energy transition metals positions it well for future growth. Its historical performance and alignment with major industry trends suggest there is potential value in maintaining exposure.
Are Glencore shares eligible for an ISA in the UK, and how are dividends taxed?
Glencore shares are eligible for inclusion in a UK Stocks and Shares ISA, which allows any capital gains and dividends to be received tax-free, subject to the annual contribution limit. If held outside an ISA, dividends paid by Glencore are subject to UK dividend tax rules, with a tax-free dividend allowance and rates depending on your tax band. There is no UK withholding tax on dividends, making ISAs especially attractive for UK investors.
