What to expect from Glencore's final results?

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Fiona Cincotta
By :  ,  Market Analyst

Glencore is due to report on Tuesday 16th February.

The miner warned in the latest production report that metal, coal & oil production fell in 2020 owing to disruptions from the pandemic. However, gold, silver and zinc production increased.

Final results are expected to show $157.2 billion down 27%. 

Investors will be looking for further updates on the sale of non-core assets.

News on the dividend is also awaited  after being scrapped last year. In the case that net debt falls below $16 billion the dividend is expected to be re-instated.

The stock trades around levels seen back in 2019.


Related tags: Equities

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