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Glencore posted record profits of £27bn thanks to soaring commodity prices. Photo: Getty
Glencore (GLEN.L)
Global commodity trading and mining company Glencore has come down in price in the last three months.
At the start of the year, the firm was trading at around 550p but now can be bought for around 440p.
Last month, Glencore posted record profits of £27bn ($33bn) thanks to soaring commodity prices.
UBS (UBS) also upgraded its recommendation for the mining company from "neutral" to...
>>> Read more: Trending tickers: Glencore | Rio Tinto | Barclays | Scottish Mortgage
Glencore (GLEN.L)
Global commodity trading and mining company Glencore has come down in price in the last three months.
At the start of the year, the firm was trading at around 550p but now can be bought for around 440p.
Last month, Glencore posted record profits of £27bn ($33bn) thanks to soaring commodity prices.
UBS (UBS) also upgraded its recommendation for the mining company from "neutral" to...
>>> Read more: Trending tickers: Glencore | Rio Tinto | Barclays | Scottish Mortgage