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Glencore ( (GB:GLEN) ) has shared an update.
Glencore reported a strong third quarter in 2025, particularly in copper and coal production, maintaining its full-year production guidance for key commodities. Copper production saw a significant increase of 36% quarter-on-quarter, driven by improved performance at several mines, while zinc production rose by 10% year-to-date. The company also highlighted a 123% rise in steelmaking coal production, attributed to the acquisition of EVR. Despite some declines in other areas like ferrochrome and nickel, Glencore remains confident in its marketing performance, expecting full-year adjusted EBIT to align with its long-term guidance range. The recent lifting of the cobalt export ban in the DRC, with new export quotas, will allow Glencore to prioritize copper production over cobalt, utilizing its inventory to meet quota allocations.
The most recent analyst rating on (GB:GLEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Glencore stock, see the GB:GLEN Stock Forecast page.
Spark’s Take on GB:GLEN Stock
According to Spark, TipRanks’ AI Analyst, GB:GLEN is a Neutral.
Glencore’s stock score is driven by a positive earnings call outlook and strong technical indicators, despite mixed financial performance and valuation concerns. The company’s focus on cost savings and shareholder returns supports a moderately positive view, but profitability and cash flow challenges remain significant risks.
To see Spark’s full report on GB:GLEN stock, click here.
More about Glencore
Glencore is one of the world’s largest diversified natural resource companies, producing and marketing over 60 commodities. It operates globally with a network of assets, customers, and suppliers, supporting industries such as automotive, steel, power generation, and battery manufacturing. Glencore is committed to advancing decarbonization while meeting current energy needs, employing over 150,000 people across more than 30 countries.
Average Trading Volume: 45,409,822
Technical Sentiment Signal: Buy
Current Market Cap: £40.75B
For detailed information about GLEN stock, go to TipRanks’ Stock Analysis page.