Glencore PLC
Produces, refines, processes and markets metals, minerals and energy commodities globally across mining, trading and logistics operations.
As of Oct 15, 2026
Summary
Glencore is a diversified commodities and mining business listed on the London Stock Exchange. The stock shows a bullish technical lean despite a modest daily pullback, and has gained 67.0% over the past year, though monthly momentum remains flat. At a market capitalisation of £68.3B, it trades at 577.30p.
Price history
As of Oct 14, 2026
Performance
-0.55%
+1.48%
+0.23%
+14.13%
+45.07%
+66.96%
As of Oct 14, 2026
Technical indicators
- 53.4
- 2.78Bullish
- 50: 572.93 · 200: 532.54Bullish
- 552.30p / 585.11p
Technical Bias
Bullish lean
Glencore's technical setup reads as broadly bullish: the MACD is positive at 2.78, both the 50-day and 200-day moving averages sit below the current price of 577.30p, and the RSI at 53.4 remains neutral without overbought pressure. This is a derived technical read, not investment guidance.
A transparent read of the indicators below — not a prediction or recommendation.
As of Oct 14, 2026
Fundamentals
- £68.3B
- 17.14
- 0.34p
- 1.78%
- +48.6%
- £395M
- 0.57
- 325.17p – 692.31p
- 2.15%
- Aug 27, 2026
- —
As of Oct 16, 2026
Latest news
As of Oct 16, 2026
MonkeyTrade's Take on Glencore PLC
Short-term outlook
The short-term setup on Glencore leans mildly bullish rather than decisive, with MACD and both moving averages pointing higher even as RSI sits neutral and the one-month return barely moves at +0.2%. A push through resistance at 585.11p would confirm the upside case, while a slip below support at 552.30p would undercut it. No earnings date is set, so there's no scheduled catalyst to disrupt this reading for now.
Medium-term outlook
Glencore's revenue surged 48.6% year-on-year, yet the profit margin sits at a thin 1.8%, so the top-line story isn't converting into earnings power, and a P/E of 17.14 looks full for that gap. With the technical lean bullish and a 2.1% dividend yield offering some support, the medium-term picture favours price holding up, but a margin recovery is the development that would turn this into a genuinely strong case.
Key risks
- Glencore's profit margin sits at just 1.8%, which leaves little room to absorb cost pressures or commodity price swings before profitability takes a real hit.
- The stock is trading at 577.30p, well above its 52-week low of 325.17p, so investors coming in now face a very different risk/reward profile than those who bought near the bottom.
- As a Basic Materials company, Glencore's fundamentals are tied closely to global commodity cycles, and the 48.6% year-on-year revenue growth may not be a steady or repeatable trend.
- Comparisons like GLNCY vs. NGLOY in the news suggest the market is actively weighing Glencore against peers on valuation, meaning sentiment could shift quickly if rivals are seen as offering better value.
About Glencore PLC
Glencore PLC is a major player in the basic materials sector, operating within the other industrial metals and mining industry. Listed on the London Stock Exchange under the ticker GLEN, the company holds a market capitalisation of £68.3B, underscoring its scale within the global mining and commodities landscape. As one of the sector's heavyweights, Glencore's operations span the sourcing and marketing of industrial metals, placing it at the centre of supply chains that feed into broader industrial and manufacturing activity worldwide.
Looking at the key figures, Glencore trades on a price-to-earnings ratio of 17.14, giving a sense of how the market is currently valuing its earnings relative to its share price. The dividend yield stands at +2.1%, offering an indication of the income return shareholders receive relative to the share price. Together, these metrics provide a snapshot of how the market values Glencore's earnings and the income it returns to investors.
How to trade Glencore PLC
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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. How we build these pages.