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Why Glencore’s Stock Is Climbing Despite Mixed Results

Why Glencore’s Stock Is Climbing Despite Mixed Results

Glencore ( (GB:GLEN) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

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Glencore shares climbed after the company reported 2025 production in line with guidance, highlighted by a strong rebound in second‑half copper output, higher zinc and coal volumes, and the addition of new Latin American copper resources alongside the Elk Valley acquisition, which together strengthen its long‑term copper growth story. On the back of these operational gains, analysts raised or fine‑tuned their price targets, pointing to resilient marketing earnings, better guidance, cost‑cutting efforts and clearer signals of future shareholder returns. However, they also flagged risks, including softer realised coal prices, higher copper unit costs following the loss of cobalt by‑product credits in the DRC, a GAAP quarterly loss, weaker profitability, falling free cash flow and pressure on cobalt sales due to new DRC export rules, leaving overall sentiment cautiously positive but mixed.

More about Glencore

YTD Price Performance: 24.41%

Average Trading Volume: 38,167,906

Technical Sentiment Signal: Buy

Current Market Cap: £58.97B

For further insights into GLEN stock on TipRanks’ Stock Analysis page.

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