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South African (JSE) Precious Metals and Minerals Industry Analysis

UpdatedFeb 03, 2026
DataAggregated Company Financials
Companies6
  • 7D-19.3%
  • 3M46.9%
  • 1Y163.1%
  • YTDn/a

Over the last 7 days, the Precious Metals and Minerals industry has dropped 19%, driven by pullbacks from every company within the industry. Over the past 12 months, the industry was up 163%. As for the next few years, earnings are expected to grow by 57% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Wed, 15 Mar 2023R631.9bR492.0bR116.7b5.4x5.4x1.3x
Fri, 10 Feb 2023R745.8bR531.4bR128.9b5.5x5.8x1.4x
Price to Earnings Ratio

5.8x


Total Market Cap: R745.8bTotal Earnings: R128.9bTotal Revenue: R531.4bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Precious Metals and Minerals Industry Price to Earnings3Y Average -207x202420252026
Current Industry PE
  • Investors are optimistic on the South African Precious Metals and Minerals industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • Total earnings for the Precious Metals and Minerals industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 14% per year, which is driving profits down.

Industry Comparison

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

ZA Market-3.78%
Materials-15.16%
Metals and Mining-15.81%
Precious Metals and Minerals-19.29%
Copper0%0
Aluminum-2.17%
Steel-5.89%
Diversified Metals and Mining-8.58%
Gold-13.46%
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
No data available

Latest News

IMP
R289.00
Impala Platinum Holdings
7D
-21.3%
1Y
189.0%

This Just In: Analysts Are Boosting Their Impala Platinum Holdings Limited (JSE:IMP) Outlook for This Year

Feb 03
This Just In: Analysts Are Boosting Their Impala Platinum Holdings Limited (JSE:IMP) Outlook for This Year
SSW
R67.36
Sibanye Stillwater
7D
-16.6%
1Y
269.5%

SSW: Recent Bank Upgrades And Project Progress Will Support Repricing

Analysts have roughly doubled their price target for Sibanye Stillwater to US$103.00 from US$50.00, citing updated assumptions for faster revenue growth, higher profit margins, and a lower future P/E multiple following recent upgrades from major banks. Analyst Commentary Recent upgrades from major banks have reinforced the view that Sibanye Stillwater could offer investors a more attractive balance between growth potential and valuation than previously assumed.
GML
R1.16
Gemfields Group
7D
-12.1%
1Y
-4.9%
THA
R29.00
Tharisa
7D
-3.7%
1Y
109.1%
NPH
R366.00
Northam Platinum Holdings
7D
-15.4%
1Y
192.8%

NPH: Constructive Research Stance Will Support Higher P/E While Risks Remain

Narrative Update The analyst fair value estimate for Northam Platinum Holdings has shifted from R290.06 to R396.94 per share. Analysts attribute this change to updated assumptions around revenue growth, profit margin and future P/E multiples following recent research that has become more constructive on the stock.
VAL
R1,401.94
Valterra Platinum
7D
-20.9%
1Y
113.1%

VAL: Higher Output Guidance Will Later Meet Softer Earnings Multiple

Analysts have nudged their price target on Valterra Platinum slightly higher to $689, reflecting tweaked assumptions around a marginally higher discount rate, stronger modeled revenue growth, a modestly softer profit margin, and a slightly lower future P/E multiple. What's in the News Valterra Platinum issued earnings guidance for the twelve months ending December 31, 2025, with basic EPS projected in a range of 5,522 cents to 6,055 cents per share, compared with 2,683 cents per share in the prior period (Corporate guidance).