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South African (JSE) Precious Metals and Minerals Industry Analysis

UpdatedApr 13, 2026
DataAggregated Company Financials
Companies6
  • 7D3.5%
  • 3M-9.5%
  • 1Y133.7%
  • YTDn/a

In the last week, the Precious Metals and Minerals industry is up 3.5%, with Valterra Platinum up 4.8%. This means that the industry has gained 134% over the past year. Looking forward, earnings are forecast to grow by 28% annually.

Industry Valuation and Performance

Has the South African Precious Metals and Minerals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 13 Apr 2026R928.8bR403.7bR28.4b20.7x32.7x2.3x
Wed, 11 Mar 2026R1.0tR403.9bR27.2b22.6x37.4x2.5x
Fri, 06 Feb 2026R951.1bR341.4b-R415,041,362.00184.2x-2291.5x2.8x
Sun, 04 Jan 2026R935.5bR341.7b-R423,850,158.40187x-2207.2x2.7x
Tue, 02 Dec 2025R813.9bR342.6b-R906,115,652.00162.3x-898.3x2.4x
Thu, 30 Oct 2025R709.9bR342.7b-R925,766,619.00142x-766.8x2.1x
Sat, 27 Sep 2025R775.6bR342.8b-R934,053,797.40158x-830.4x2.3x
Mon, 25 Aug 2025R564.7bR341.6b-R21,004,855,140.1030.2x-26.9x1.7x
Wed, 23 Jul 2025R633.4bR351.5b-R15,272,854,731.8021.4x-41.5x1.8x
Fri, 20 Jun 2025R492.8bR351.9b-R15,286,694,348.5016.9x-32.2x1.4x
Sun, 18 May 2025R377.5bR353.5b-R14,727,302,958.2012.8x-25.6x1.1x
Tue, 15 Apr 2025R410.3bR354.3b-R14,726,707,750.2014.5x-27.9x1.2x
Thu, 13 Mar 2025R382.9bR354.2b-R13,452,759,034.4014x-28.5x1.1x
Sat, 08 Feb 2025R359.4bR355.3b-R54,214,828,476.608.5x-6.6x1x
Mon, 06 Jan 2025R323.6bR355.6b-R54,191,650,896.308x-6x0.9x
Wed, 04 Dec 2024R361.5bR354.9b-R54,236,790,308.708.4x-6.7x1x
Fri, 01 Nov 2024R426.9bR353.8b-R54,521,150,668.8010.3x-7.8x1.2x
Sun, 29 Sep 2024R364.4bR353.3b-R55,641,279,016.0014.5x-6.5x1x
Tue, 27 Aug 2024R372.5bR369.2b-R35,748,454,960.4010.2x-10.4x1x
Thu, 25 Jul 2024R382.5bR369.8b-R35,710,396,161.609.9x-10.7x1x
Sat, 22 Jun 2024R361.0bR381.9b-R34,302,344,738.408.5x-10.5x0.9x
Mon, 20 May 2024R443.6bR381.5b-R34,043,534,162.509.6x-13x1.2x
Wed, 17 Apr 2024R445.3bR382.3b-R33,980,169,209.009.4x-13.1x1.2x
Fri, 15 Mar 2024R378.2bR382.7b-R34,391,866,412.508.5x-11x1x
Sun, 11 Feb 2024R342.9bR435.9bR52.5b6.8x6.5x0.8x
Tue, 09 Jan 2024R461.0bR449.3bR53.2b8.1x8.7x1x
Thu, 07 Dec 2023R410.0bR450.3bR53.9b9x7.6x0.9x
Sat, 04 Nov 2023R407.9bR449.7bR53.8b8.4x7.6x0.9x
Mon, 02 Oct 2023R449.8bR450.3bR53.9b8.6x8.4x1x
Wed, 30 Aug 2023R461.3bR474.4bR87.2b4.6x5.3x1x
Fri, 28 Jul 2023R543.7bR476.5bR99.6b4.5x5.5x1.1x
Sun, 25 Jun 2023R530.3bR498.6bR118.7b4.3x4.5x1.1x
Tue, 23 May 2023R664.1bR499.2bR118.8b5.1x5.6x1.3x
Thu, 20 Apr 2023R693.5bR498.0bR119.3b5.4x5.8x1.4x
Price to Earnings Ratio

5.8x


Total Market Cap: R693.5bTotal Earnings: R119.3bTotal Revenue: R498.0bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Precious Metals and Minerals Industry Price to Earnings3Y Average -249.4x202420252026
Current Industry PE
  • Investors are optimistic on the South African Precious Metals and Minerals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 32.7x which is higher than its 3-year average PE of -249x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Precious Metals and Minerals industry have declined 38% per year over the last three years,
  • Revenues have also declined 6.8% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does South African Precious Metals and Minerals compare with similar industries?

ZA Market2.44%
Materials1.66%
Metals and Mining1.88%
Precious Metals and Minerals3.51%
Diversified Metals and Mining0.99%
Gold0.61%
Copper0%0
Aluminum-0.53%
Steel-0.80%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
VAL Valterra PlatinumR1.53k4.8%
+R18.5b		115.2%PE26x
IMP Impala Platinum HoldingsR252.552.9%
+R6.5b		112.0%PE27.6x
NPH Northam Platinum HoldingsR357.982.8%
+R3.9b		165.0%PE15.4x
SSW Sibanye StillwaterR53.171.8%
+R2.7b		157.6%PS1.2x
THA TharisaR26.000.8%
+R59.3m		98.5%PE5.9x

Latest News

GML
R1.05
Gemfields Group
7D
-4.5%
1Y
-9.5%
IMP
R252.55
Impala Platinum Holdings
7D
2.9%
1Y
112.0%
SSW
R53.17
Sibanye Stillwater
7D
1.8%
1Y
157.6%
VAL
R1,530.13
Valterra Platinum
7D
4.8%
1Y
115.2%

VAL: Dividend Windfall And Higher EPS Will Support Future Returns

Analysts have revised their ZAR price target on Valterra Platinum to ZAR2,160, reflecting updated views on revenue growth, profit margins and the appropriate P/E multiple following recent Street research. Analyst Commentary Bullish analysts point to the revised ZAR2,160 price target as a key marker of confidence in Valterra Platinum's ability to align revenue trends, profit margins and its P/E multiple with updated Street expectations.
NPH
R357.98
Northam Platinum Holdings
7D
2.8%
1Y
165.0%

NPH: Higher Discount Rate And Strong Output Will Support Bullish Repricing

Analysts have kept their ZAR 490.00 price target for Northam Platinum Holdings unchanged, while adjusting key inputs such as a higher discount rate, lower revenue growth and profit margin assumptions, and a higher future P/E. These changes reflect updated research that incorporates a more constructive stance from recent Street commentary.
THA
R26.00
Tharisa
7D
0.8%
1Y
98.5%