South32 stock analysis
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South32 (SOUHY) Stock Price & Analysis
SOUHY Stock Chart & Stats
- Day’s Range
- $16.07 - $16.07
- 52-Week Range
- $9.91 - $19.16
- Previous Close
- $15.95
- Volume
- N/A
- Average Volume (3M)
- 6,457
- Market Cap
- $14.22B
- Enterprise Value
- $11.90B
- Total Cash (Recent Filing)
- $2.13B
- Total Debt (Recent Filing)
- $1.85B
- Price to Earnings (P/E)
- 13.2
- Beta
- 1.28
- Next Earnings
- Feb 18, 2027 (Est.)
- EPS Estimate
- 0.57
- Last Dividend Ex-Date
- Sep 18, 2026
- Dividend Yield
- 2.89%
Bulls Say, Bears Say
Bulls Say
Earnings Recovery
The sharp improvement in EBITDA and underlying earnings demonstrates stronger operating performance and improved profitability across the portfolio. If operational gains persist, higher earnings can support continued investment, shareholder returns, and funding for growth projects over the next several quarters.
Growth Pipeline
A substantial pipeline of approved and developing projects provides South32 with identifiable production growth beyond current operations. Sierra Gorda reserve expansion and advancing Hermosa and Taylor projects could extend asset lives, increase volumes, and strengthen the company’s future base-metals position.
Balance Sheet
Conservative leverage gives South32 financial flexibility through commodity cycles and reduces the burden of debt service during weaker market conditions. The sizable equity base can support project investment and capital returns while preserving resilience if earnings or cash generation become volatile.
Bears Say
Commodity Cyclicality
South32’s earnings remain exposed to fluctuations in commodity prices and production conditions across alumina, coal, manganese, and base metals. The historical swing from exceptional results to losses shows that recent profitability may not be consistently repeatable, complicating planning and return stability.
GEMCO Uncertainty
GEMCO’s wet-season exposure, permitting needs, and limited modeled mine life create ongoing uncertainty around production volumes and asset longevity. Disruptions or delayed approvals could reduce near-term operating contribution and require additional capital or planning to manage the operation.
Safety Risk
The fatal incident creates a durable operational and reputational concern because safety performance can affect workforce confidence, regulatory scrutiny, and management attention. Additional controls and design changes may reduce recurrence risk, but execution and cultural improvements remain important over the coming periods.
South32 News
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Company Description
South32
South32 Limited operates as a global, diversified natural resources company with significant mining and metals operations across Australia, Southern Africa, North America, and South America. Its portfolio includes key assets such as Worsley Alumina, Hillside Aluminium, Mozal Aluminium, Brazil Alumina, Illawarra Metallurgical Coal, Eagle Downs Metallurgical Coal, Australia Manganese, South Africa Manganese, Cerro Matoso, Cannington, Hermosa, and South Africa Energy Coal. The company extracts and processes a wide range of commodities, including alumina, aluminum, bauxite, thermal and coking coal, manganese ore and its alloys, ferronickel, silver, lead, zinc, and other industrial metals, which are distributed globally through exports. Additionally, South32 Limited maintains a strategic alliance with AusQuest Limited, focusing on gold-copper exploration opportunities, particularly at the Gunanya Project. Founded in 2000, originally as BHP Coal Holdings Pty Limited before adopting its current name, the company's corporate headquarters are located in Perth, Australia.
- Sector
- Basicmaterials
- Industry
- Industrial Materials
- CEO
- Matthew Daley
- Employees
- 6,867
- Website
- www.south32.net
- Address
- 108 St Georges Terrace, Perth, WA, 6000, AU
South32 (SOUHY) Earnings & Revenues
SOUHY Company Deck
SOUHY Earnings Call
Earnings Call SentimentPositive
The call presented a predominantly positive operational and financial picture: strong EBITDA (+28%) and underlying earnings (+55%), improved free cash flow (+$352M to $610M), disciplined capital returns, and a transformational sale of aluminium assets that repositions the company toward higher‑margin base metals growth. Project execution updates (Hermosa, Sierra Gorda, Taylor) and a deep growth pipeline support further upside. Key negatives include a workplace fatality at Worsley (material reputational and safety concern), operational uncertainty at GEMCO due to water/dewatering risks and limited life‑of‑mine under current plans (~6 years), grade dilution risks from Cannington stockpile processing, and execution/timing risk around the Alcoa transaction and lockbox cash variance. On balance, highlights materially outweigh the lowlights given the scale of financial improvements and growth projects.
View all SOUHY earnings summariesTechnical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 11 | 2 | 9 |
| Technical Analysis | 3 | 2 | 5 |
| Moving Averages | 8 | 0 | 4 |












