|Bid||464.30 x 0|
|Ask||464.35 x 0|
|Day's Range||457.19 - 465.80|
|52 Week Range||302.55 - 548.30|
|Beta (5Y Monthly)||1.53|
|PE Ratio (TTM)||41.83|
|Earnings Date||Feb 14, 2022 - Feb 18, 2022|
|Forward Dividend & Yield||0.20 (4.34%)|
|Ex-Dividend Date||Sep 01, 2022|
|1y Target Est||5.79|
The London Metal Exchange (LME) zinc price jumped to a six-week high last week after Glencore warned of the continuing margin squeeze on its European smelters. The commodities powerhouse idled part of its Portovesme smelter in Italy at the end of 2021 due to high power prices. Europe's power crunch has got much worse in the intervening months after Russia launched what it calls its "special military operation" in Ukraine at the end of February.
(Bloomberg) -- Zinc jumped the most in almost five months, leading other metals higher after top producer Glencore Plc warned that Europe’s energy crisis poses a substantial threat to supply.Most Read from BloombergChina Likely Fired Missiles Over Taiwan in Drills, Japan SaysHow a Celebrity CEO’s Rule of Fear Helped Bring Down Hot Startup ZilingoSneakerhead Accused of Running Huge Air Jordan Ponzi SchemeGlencore has already suspended production at one of its zinc smelters in Europe, leading to a
The mining company’s outperformance will likely persist as long as energy security—and geopolitical risk—remain center stage.