Glencore PLC
Produces, refines, processes and markets metals, minerals and energy commodities globally across mining, trading and logistics operations.
As of Aug 28, 2026
Summary
Glencore is a diversified commodities producer and trader operating across mining, metals and energy globally. The stock shows a bullish technical lean with the price at 595.60p, supported by substantial recent momentum: it has gained 10.5% over the past month and 106.1% over the past year. The company carries a market capitalisation of £69.9B.
Price history
As of Aug 28, 2026
Performance
+0.00%
+0.85%
+10.51%
-3.14%
+46.53%
+106.13%
As of Aug 28, 2026
Technical indicators
- 64.5
- 2.44Bullish
- 50: 541.15 · 200: 508.9Bullish
- 550.88p / 597.64p
Technical Bias
Bullish lean
The technical picture for Glencore PLC leans bullish right now. The MACD is positive and the 50-day moving average sits above the 200-day, both signalling upward momentum, though the RSI at 64.5 reads as neutral rather than overbought. This is a derived technical read, not a recommendation.
A transparent read of the indicators below — not a prediction or recommendation.
As of Aug 28, 2026
Fundamentals
- £69.9B
- 18.05
- 0.33p
- 1.78%
- +48.6%
- £395M
- 0.51
- 281.87p – 707.13p
- 2.11%
- Aug 27, 2026
- —
As of Aug 31, 2026
Latest news
As of Aug 31, 2026
MonkeyTrade's Take on Glencore PLC
Short-term outlook
Glencore's short-term setup leans bullish: MACD is positive, both moving averages sit below price, and the stock is up 10.5% over the past month. RSI at 64.5 shows strength without being overbought, so there's room to extend before momentum fades. A push through 597.64p would confirm the uptrend, while a slip back under 550.88p support would question it. No earnings date is set to disrupt this near term.
Medium-term outlook
Glencore's 48.6% revenue growth stands out, but a thin 1.8% profit margin shows little of that top-line surge is reaching the bottom line, and an 18.05 P/E looks full for such slim profitability. With the technical lean bullish, the medium-term case leans on momentum outpacing fundamentals for now. A sustained margin recovery would be the development that turns this into a firmer, fundamentally backed view.
Key risks
- Glencore's profit margin sits at a thin 1.8%, leaving little cushion if commodity prices move against the business.
- As a diversified miner and trader, Glencore's earnings are tied to global commodity cycles, and the new zinc futures launch underlines how closely metals pricing volatility can affect its trading arm.
- The 48.6% year-on-year revenue growth is a strong swing versus prior periods, and such sharp shifts in basic materials can be hard to sustain if demand or pricing normalises.
- Growing competition in the black mass recycling market from players like Umicore, Redwood Materials, Ascend Elements and Cirba Solutions could pressure Glencore's position in battery materials recycling over time.
About Glencore PLC
Glencore PLC is a UK-listed mining and commodities group operating in the other industrial metals and mining industry, part of the wider basic materials sector. Trading on the London Stock Exchange under the ticker GLEN, the company holds a market capitalisation of £69.9B, reflecting its position as one of the larger diversified natural resources businesses on the exchange, with operations spanning the extraction and marketing of industrial metals used across global manufacturing and infrastructure supply chains.
Glencore's key figures give a snapshot of how the market currently views the business. A price-to-earnings ratio of 18.05 shows what investors are paying relative to recent earnings, while a dividend yield of +2.1% indicates the level of income the shares currently generate for holders. Together with its market capitalisation, these figures offer a starting point for understanding how Glencore is valued within the broader mining and metals landscape.
How to trade Glencore PLC
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