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South African (JSE) Precious Metals and Minerals Industry Analysis

UpdatedApr 10, 2026
DataAggregated Company Financials
Companies6
  • 7D4.5%
  • 3M-2.5%
  • 1Y135.8%
  • YTDn/a

The Precious Metals and Minerals industry is up 4.5% in the last week, with Valterra Platinum up 4.8%. This means that the industry has gained 136% 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
Fri, 10 Apr 2026R937.2bR403.7bR28.4b20.9x33.1x2.3x
Sun, 08 Mar 2026R982.4bR404.1bR27.2b21.8x36.2x2.4x
Tue, 03 Feb 2026R966.4bR341.4b-R411,833,518.00184.7x-2346.6x2.8x
Thu, 01 Jan 2026R913.5bR341.7b-R425,976,541.00181.8x-2144.5x2.7x
Sat, 29 Nov 2025R786.6bR342.7b-R908,631,303.20156.2x-865.7x2.3x
Mon, 27 Oct 2025R706.7bR342.8b-R928,148,695.80138.8x-761.4x2.1x
Wed, 24 Sep 2025R716.8bR343.8b-R490,670,125.10144.4x-1460.8x2.1x
Fri, 22 Aug 2025R569.4bR341.8b-R21,013,717,218.0030.1x-27.1x1.7x
Sun, 20 Jul 2025R604.9bR351.7b-R15,277,032,957.8020x-39.6x1.7x
Tue, 17 Jun 2025R495.4bR351.9b-R15,281,493,648.6017.3x-32.4x1.4x
Thu, 15 May 2025R376.0bR353.7b-R14,727,143,534.2012.8x-25.5x1.1x
Sat, 12 Apr 2025R397.0bR355.0b-R13,398,741,282.8013.9x-29.6x1.1x
Mon, 10 Mar 2025R390.3bR354.2b-R13,457,658,874.7014.1x-29x1.1x
Wed, 05 Feb 2025R369.4bR355.5b-R54,197,366,205.008.9x-6.8x1x
Fri, 03 Jan 2025R327.5bR355.5b-R54,195,046,338.008.1x-6x0.9x
Sun, 01 Dec 2024R350.1bR354.9b-R54,240,530,215.508.3x-6.5x1x
Tue, 29 Oct 2024R446.7bR353.9b-R54,517,130,443.2010.7x-8.2x1.3x
Thu, 26 Sep 2024R363.8bR354.0b-R55,587,375,306.0014.2x-6.5x1x
Sat, 24 Aug 2024R375.7bR369.2b-R35,748,759,150.0010.2x-10.5x1x
Mon, 22 Jul 2024R359.6bR382.2b-R34,295,660,981.608.5x-10.5x0.9x
Wed, 19 Jun 2024R343.5bR382.0b-R34,297,542,052.608.2x-10x0.9x
Fri, 17 May 2024R432.6bR381.5b-R34,041,037,945.509.4x-12.7x1.1x
Sun, 14 Apr 2024R464.4bR382.1b-R33,990,356,083.0010.2x-13.7x1.2x
Tue, 12 Mar 2024R367.9bR382.7b-R34,398,431,275.008.1x-10.7x1x
Thu, 08 Feb 2024R380.2bR435.8bR52.5b7.2x7.2x0.9x
Sat, 06 Jan 2024R471.4bR449.4bR53.2b8.1x8.9x1x
Mon, 04 Dec 2023R417.2bR450.1bR53.8b8.1x7.8x0.9x
Wed, 01 Nov 2023R392.2bR450.1bR53.8b8.6x7.3x0.9x
Fri, 29 Sep 2023R452.2bR450.4bR54.8b8.6x8.3x1x
Sun, 27 Aug 2023R456.3bR474.5bR87.2b4.9x5.2x1x
Tue, 25 Jul 2023R546.9bR476.7bR99.6b4.6x5.5x1.1x
Thu, 22 Jun 2023R555.8bR498.3bR118.7b4.5x4.7x1.1x
Sat, 20 May 2023R670.1bR499.3bR119.6b5.1x5.6x1.3x
Mon, 17 Apr 2023R634.4bR498.0bR119.3b5.1x5.3x1.3x
Price to Earnings Ratio

5.3x


Total Market Cap: R634.4bTotal 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 -249.5x202420252026
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 33.1x 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 Market1.94%
Materials1.76%
Metals and Mining2.12%
Precious Metals and Minerals4.46%
Diversified Metals and Mining2.63%
Aluminum0.53%
Gold0.071%
Copper0%0
Steel-0.72%
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		124.2%PE26x
IMP Impala Platinum HoldingsR252.552.9%
+R6.5b		121.4%PE27.6x
NPH Northam Platinum HoldingsR357.982.8%
+R3.9b		170.4%PE15.4x
SSW Sibanye StillwaterR53.171.8%
+R2.7b		157.9%PS1.2x
THA TharisaR26.000.8%
+R59.3m		108.0%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
121.4%
SSW
R53.17
Sibanye Stillwater
7D
1.8%
1Y
157.9%
VAL
R1,530.13
Valterra Platinum
7D
4.8%
1Y
124.2%

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
170.4%

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
108.0%