South32 Limited (ASX:S32)

Australia flag Australia · Delayed Price · Currency is AUD
3.900
-0.140 (-3.47%)
Jul 17, 2026, 4:10 PM AEST
Market Cap17.46B +35.1%
Revenue (ttm)8.85B +9.3%
Net Income475.25M +204.8%
EPS0.10 +202.3%
Shares Out 4.48B
PE Ratio30.00
Forward PE10.56
Dividend0.09 (2.12%)
Ex-Dividend DateMar 5, 2026
Volume13,805,474
Open3.960
Previous Close4.040
Day's Range3.880 - 3.970
52-Week Range2.520 - 4.950
Beta0.68
AnalystsBuy
Price Target4.79 (+22.82%)
Earnings DateJul 20, 2026

About South32

South32 Limited operates as a diversified metals and mining company. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Australia Manganese, and South Africa Manganese segments. It has a portfolio of assets producing bauxite, alumina, aluminum, copper, silver, lead, zinc, and manganese products. The company has operations in Australia, Bahrain, China, Japan, Italy, Mozambique, South Africa, the Netherlands, Brazil, South Korea, the United States... [Read more]

Sector Materials
Founded 2000
Employees 8,892
Stock Exchange Australian Securities Exchange
Ticker Symbol S32
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

Analyst Summary

According to 13 analysts, the average rating for S32 stock is "Buy." The 12-month stock price target is $4.79, which is an increase of 22.82% from the latest price.

Price Target
$4.79
(22.82% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AA Q2 Earnings Call Highlights AliGroup Growth Plan

Alcoa highlights the South32 acquisition strategy, record aluminum EBITDA and plans to strengthen its upstream portfolio in Q2 2026.

12 hours ago - Nasdaq

South32 (SOUHY) Gains Approval for $2B Hermosa Zinc-Silver Project in Arizona

South32 (SOUHY) Gains Approval for $2B Hermosa Zinc-Silver Project in Arizona

9 days ago - GuruFocus

Alcoa's $4.1 Billion South32 Deal: Opportunity Behind the 9% Drop

When an industrial sector powerhouse announces a multi-billion dollar acquisition, the market's first reflex is almost always to sell. Institutional investors are notoriously skittish toward aggressiv...

11 days ago - Nasdaq

Alcoa selloff after South32 deal overdone, says B. Riley

B. Riley reiterated a Buy rating and $92 price target on Alcoa (AA) after the company announced the acquisition of South32’s (SOUHY) bauxite, alumina, and aluminum assets. The firm believes…

16 days ago - TheFly

Alcoa Shares Drop Nearly 5% After $5.6 Billion South32 Deal

Alcoa Shares Drop Nearly 5% After $5.6 Billion South32 Deal

16 days ago - GuruFocus

Alcoa's CEO on company's deal to buy Australia's South32 for $5.6 billion

Alcoa CEO William Oplinger discusses the rationale behind the company's deal to buy Australian aluminum producer South32, as well as global demand and production in the face of rising energy costs.

16 days ago - CNBC Television

Alcoa (AA) Acquires South32's Aluminum Assets for Up to $5.6 Billion

Alcoa (AA) Acquires South32's Aluminum Assets for Up to $5.6 Billion

16 days ago - GuruFocus

Alcoa's CEO on company's deal to buy Australia's South32 for $5.6 billion

Alcoa CEO William Oplinger discusses the rationale behind the company's deal to buy Australian aluminum producer South32, as well as global demand and production in the face of rising energy costs.

16 days ago - CNBC

South32’s New CEO Looks to Focus on Copper After Aluminum Deal

South32 Ltd. will focus on copper and zinc after selling off the aluminum business that accounted for 60% of earnings, with the disposal announced on Chief Executive Officer Matt Daley’s first day in ...

16 days ago - Financial Post

Aluminium deal births copper takeover target

South32 was a sprawling "CrapCo" when spun out of BHP in 2015. The $5.6 bln aluminium sale to Alcoa means departing CEO Graham Kerr has created a leaner miner earning most of its money from the red me...

16 days ago - Reuters

South32 Ltd Agreement to Sell Aluminium Value Chain Assets to Alcoa Corp Transcript

South32 Ltd Agreement to Sell Aluminium Value Chain Assets to Alcoa Corp Transcript

16 days ago - GuruFocus

Alcoa To Buy South32's Aluminum, Alumina And Bauxite Assets For $4.1 Bln

(RTTNews) - Alcoa Corporation (AA) said late Tuesday it has agreed to acquire South32 Limited's aluminum, alumina and bauxite assets in a cash-and-stock deal valued at about $4.1 billion upfront.

16 days ago - Nasdaq

This $10b M&A deal is unlike any other. AI and Trump are at its core

The sale of South32’s aluminium and alumina assets to Alcoa has more bells and whistles than any M&A deal we’ve seen.

16 days ago - The Australian Financial Review

Alcoa (AA) to Acquire South32's Aluminum Assets for Up to $5.6 Billion

Alcoa (AA) to Acquire South32's Aluminum Assets for Up to $5.6 Billion

17 days ago - GuruFocus

South32 Transcript: Investor update

A $5.6 billion sale of aluminium assets to Alcoa will transform the business into a focused, upstream base metals miner with a strong balance sheet and significant growth in copper and zinc. The streamlined model targets $125 million in annual cost savings and enhanced shareholder returns, with major projects like Hermosa and Sierra Gorda driving future growth.

17 days ago - Transcripts

South32 Press release: Investor update

South32 issued a press release on June 30, 2026, disclosing material business information to investors.

17 days ago - Filings

South32 Slides: Investor update

South32 has posted slides in relation to its latest quarterly earnings report, which was published on June 30, 2026.

17 days ago - Filings

Alcoa (AA) to Acquire South32's Bauxite and Aluminum Operations for $4.1 Billion

Alcoa (AA) to Acquire South32's Bauxite and Aluminum Operations for $4.1 Billion

17 days ago - GuruFocus

South32 sells aluminium business to Alcoa in $9.8b deal

The US mining giant says the WA bauxite operations and alumina refinery form the “cornerstone” of a deal that swallows Australian and Brazilian assets.

17 days ago - The Australian Financial Review

Alcoa Bets on Aluminum Boom With $5.6 Billion South32 Deal

Alcoa Corp. agreed to buy South32 Ltd.’s bauxite, alumina and aluminum assets in Australia, Brazil and South Africa in a deal valued at as much as $5.6 billion, cementing its position among the world’...

17 days ago - Financial Post

South32 to sell bulk of aluminium portfolio to Alcoa for up to $5.6 billion

Australia's South32 said on Wednesday it has agreed to sell most of its aluminium assets to Alcoa ‌for an implied enterprise value of up to $5.6 billion, as the diversified miner streamlines its busin...

17 days ago - Reuters

Alcoa to Acquire Mining, Processing Assets From South32 for $4.1 Billion

The deal includes stakes in a bauxite mine, alumina refinery, and aluminum smelter operations, Alcoa said.

17 days ago - WSJ

Alcoa to acquire South32 bauxite, alumina and aluminum assets for $4.1B

Alcoa (AA) announced that it has entered into a definitive agreement to acquire South32’s (SOUHY) interests in bauxite mine, alumina refinery and aluminum smelter operations in a cash and stock…

17 days ago - TheFly

ASX 200 LIVE: ASX starts FY27 down as Coles dives on ACCC block; Alcoa buys $8.1b South32 aluminium unit, Woodside takes over from Exxon as operator of Bass Strait fields

Shares weaker as Coles dumped after ACCC ruling; South32 soars on $8.1 billion aluminium sale; Orica hits go on hydrogen hub; Woodside expands into Bass Strait. Follow live.

17 days ago - The Australian Financial Review

South32 price target raised to 320 GBp from 300 GBp at Citi

Citi raised the firm’s price target on South32 (SOUHY) to 320 GBp from 300 GBp and keeps a Buy rating on the shares.

5 weeks ago - TheFly