Glencore PLC
Produces, refines, processes and markets metals, minerals and energy commodities globally across mining, trading and logistics operations.
As of Jul 17, 2026
Executive summary
Glencore is a diversified mining and commodities trading company listed on the London Stock Exchange. The stock trades at 516.70p with a bullish technical lean, having delivered a strong 70.3% return over the past year despite a pullback of 8.7% in the last month. The company carries a market capitalisation of £60.5 billion.
Price history
As of Jul 17, 2026
Performance
+0.00%
+1.21%
-8.71%
-5.55%
+27.11%
+70.28%
As of Jul 17, 2026
Technical indicators
- 43.5
- 2.65Bullish
- 50: 555.01 · 200: 478.51
- 490.65p / 536.40p
Technical Bias
Bullish lean
Glencore's technical picture shows a mixed-to-bullish lean right now. The MACD is signalling upside momentum, whilst RSI and the moving-average structure offer neutral reads; this tally points to a narrow bullish bias overall. The stock sits between support at 490.65p and resistance at 536.40p. This is a derived technical read, not a recommendation.
A transparent read of the indicators below — not a prediction or recommendation.
As of Jul 17, 2026
Fundamentals
- £60.5B
- 258.35
- 0.02p
- 0.15%
- +14.3%
- £395M
- 0.51
- 275.11p – 707.20p
- 2.44%
- Aug 27, 2026
- —
As of Jul 17, 2026
Upcoming catalysts
- Ex-dividend date
As of Jul 17, 2026
Latest news
As of Jul 17, 2026
Short-term outlook
Glencore shares have slipped 8.7% over the past month, and momentum is mixed: MACD leans bullish while RSI sits neutral at 43.5, suggesting the stock is pausing rather than trending firmly either way. With price below both moving averages, the next few weeks likely hinge on whether support at 490.65p holds or resistance at 536.40p comes into play.
Medium-term outlook
Glencore's revenue climbed 14.3% year-on-year, but a wafer-thin profit margin of just 0.1% and a P/E of 258.35 point to earnings that remain heavily squeezed relative to the share price. The 2.4% dividend yield offers some income support, and the current technical setup leans bullish, though the underlying fundamentals suggest earnings improvement will be the key thing to watch over coming quarters.
Key risks
- Glencore's profit margin sits at just 0.1%, leaving very little cushion if commodity prices or costs move against the business.
- The price-to-earnings ratio of 258.35 is elevated relative to earnings, which can make the shares sensitive to any disappointment in future profit growth.
- The stock has swung widely over the past year, from a low of 275.11p to a high of 707.20p, highlighting how volatile sentiment around miners can be.
- As a diversified miner, Glencore's fortunes are tied to shifting regulatory conditions in resource-rich regions, such as the cobalt quota changes in Congo referenced in recent news.
About Glencore PLC
Glencore PLC is a UK-listed mining and commodity trading giant, sitting in the basic materials sector within the other industrial metals and mining industry. Trading on the London Stock Exchange under the ticker GLEN, the company combines large-scale mining operations with global marketing and logistics of metals and other raw materials, giving it a footprint that spans extraction through to distribution. With a market capitalisation of £60.5B, it ranks among the larger names on the LSE in its industry.
Glencore's key figures give a snapshot of how the market currently values the business. A price-to-earnings ratio of 258.35 shows shares are trading at a high multiple relative to recent earnings, while a dividend yield of +2.4% reflects the cash return currently offered to shareholders. Together, these figures offer a starting point for gauging how Glencore is being priced against its earnings and income profile.
AI-assisted research for informational purposes only — not investment advice. Figures are sourced from third-party market data and may be delayed. Do your own research before trading. Your capital is at risk.