Glencore plc (GLNCY) Stock Price Prediction

Glencore Plc engages in the production and marketing of metal, mineral, and energy and agricultural commodities. The company is headquartered in Baar, Zug and currently employs 80,423 full-time employees. The company went IPO on 2011-05-24. The firm is a producer and marketer of coal, with mines in Australia, Africa and South America - and a marketer of crude oil, refined products and natural gas. The firm operates across two business segments: Industrial Activities and Marketing. Industrial Activities segment contains of producing a diverse range of metals and minerals - such as copper, cobalt, zinc, nickel, coal and ferroalloys. Marketing segment is responsible for physically sourcing commodities and products from its global supplier base and sell them to customers all over the world, transporting commodities by sea, rail and truck. The firm is also involved in the recycling of copper and precious metals.