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South African (JSE) Metals and Mining Industry Analysis

UpdatedAug 07, 2025
DataAggregated Company Financials
Companies18
  • 7D4.8%
  • 3M29.6%
  • 1Y52.9%
  • YTD70.5%

The Metals and Mining industry is up 4.8% in the last week, with Gold Fields up 26%. In the last 12 months, the industry was up 53%. Looking forward, earnings are forecast to grow by 41% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 08 Aug 2025R1.4tR642.2bR25.0b7.4x55x2.1x
Sun, 06 Jul 2025R1.2tR655.6bR30.3b7.8x41.1x1.9x
Tue, 03 Jun 2025R1.2tR657.1bR30.7b7.1x37.6x1.8x
Thu, 01 May 2025R1.1tR663.6bR32.2b7.1x33.6x1.6x
Sat, 29 Mar 2025R1.1tR663.0bR33.3b7.1x32.7x1.6x
Mon, 24 Feb 2025R939.5bR658.8bR31.7b10.1x29.6x1.4x
Wed, 22 Jan 2025R889.7bR661.1b-R12,935,983,325.209.7x-68.8x1.3x
Fri, 20 Dec 2024R789.8bR660.7b-R12,995,931,757.879.4x-60.8x1.2x
Sun, 17 Nov 2024R838.7bR658.8b-R13,334,312,539.9310x-62.9x1.3x
Tue, 15 Oct 2024R883.2bR654.2b-R15,039,665,671.3211.8x-58.7x1.4x
Thu, 12 Sep 2024R735.7bR662.9bR277.5m10.4x2650.8x1.1x
Sat, 10 Aug 2024R887.2bR674.2bR9.9b6.1x89.3x1.3x
Mon, 08 Jul 2024R898.6bR574.8bR51.5b6.6x17.4x1.6x
Wed, 05 Jun 2024R903.4bR691.5bR14.2b6.6x63.7x1.3x
Fri, 03 May 2024R929.8bR690.0bR14.3b6.5x64.9x1.3x
Sun, 31 Mar 2024R946.1bR691.8bR14.6b6.5x64.9x1.4x
Tue, 27 Feb 2024R858.9bR724.7bR83.3b7.6x10.3x1.2x
Thu, 25 Jan 2024R986.3bR732.5bR93.1b7.5x10.6x1.3x
Sat, 23 Dec 2023R1.1tR729.7bR92.8b8.1x11.6x1.5x
Mon, 20 Nov 2023R916.3bR730.1bR93.4b7.2x9.8x1.3x
Wed, 18 Oct 2023R957.1bR732.5bR93.7b7.7x10.2x1.3x
Fri, 15 Sep 2023R1.0tR820.3bR96.1b6.1x10.7x1.3x
Sun, 13 Aug 2023R1.1tR845.0bR140.7b4.4x7.9x1.3x
Tue, 11 Jul 2023R1.1tR869.4bR167.6b4.3x6.6x1.3x
Thu, 08 Jun 2023R1.4tR879.8bR176.6b5x7.9x1.6x
Sat, 06 May 2023R1.5tR885.0bR182.1b5x8x1.6x
Mon, 03 Apr 2023R1.2tR859.4bR169.0b4.5x7.4x1.4x
Wed, 01 Mar 2023R1.2tR866.8bR169.5b4.6x6.9x1.3x
Fri, 27 Jan 2023R1.4tR892.0bR197.5b5.4x7.1x1.6x
Sun, 25 Dec 2022R1.4tR888.9bR196.7b5.6x7.1x1.6x
Tue, 22 Nov 2022R1.4tR891.0bR196.9b5.4x7x1.5x
Thu, 20 Oct 2022R1.2tR900.4bR198.5b4.5x6x1.3x
Sat, 17 Sep 2022R1.1tR892.7bR197.4b5.1x5.8x1.3x
Mon, 15 Aug 2022R1.2tR901.4bR212.6b5.1x5.8x1.4x
Price to Earnings Ratio

5.8x


Total Market Cap: R1.2tTotal Earnings: R212.6bTotal Revenue: R901.4bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Metals and Mining Industry Price to Earnings3Y Average 33.8x202320242025
Current Industry PE
  • Investors are optimistic on the South African Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 55.0x which is higher than its 3-year average PE of 33.8x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 51% per year over the last three years,
  • Revenues have also declined 11% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the South African Materials industry?

ZA Market0.16%
Materials4.26%
Metals and Mining4.83%
Gold19.41%
Steel-5.11%
Diversified Metals and Mining-5.11%
Aluminum-5.92%
Precious Metals and Minerals-5.94%
Copper-10.94%
Industry PE
  • Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio of 17.9x.
    • Analysts are expecting annual earnings growth of 34.0%, which is lower than the prior year's growth of 45.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 60% over the next 5 years.
  • This is better than its past earnings decline of 56% per year.
  • In contrast, the Steel industry is expected to see its earnings decline by 8.5% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
GFI Gold FieldsR554.0625.7%
+R101.4b		90.5%PE22.4x
HAR Harmony Gold MiningR282.5216.8%
+R25.3b		61.8%PE16.7x
VAL Valterra PlatinumR859.824.7%
+R10.1b		39.4%PE170.6x
NPH Northam Platinum HoldingsR223.006.3%
+R5.2b		75.2%PE57.8x
IMP Impala Platinum HoldingsR173.771.1%
+R1.7b		110.6%PS1.8x

Latest News

HAR
R282.52
Harmony Gold Mining
7D
16.8%
1Y
61.8%
GFI
R554.06
Gold Fields
7D
25.7%
1Y
90.5%
KIO
R297.65
Kumba Iron Ore
7D
-1.2%
1Y
-22.8%
VAL
R859.82
Valterra Platinum
7D
4.7%
1Y
39.4%
ACL
R0.90
ArcelorMittal South Africa
7D
-11.8%
1Y
-30.8%
GML
R1.54
Gemfields Group
7D
23.2%
1Y
-37.9%
HLM
R2.70
Hulamin
7D
-5.9%
1Y
-35.7%
SSW
R38.58
Sibanye Stillwater
7D
0.5%
1Y
115.5%
MDI
R15.25
Master Drilling Group
7D
0.3%
1Y
27.1%
ARI
R183.78
African Rainbow Minerals
7D
-0.8%
1Y
-6.2%

African Rainbow Minerals Limited's (JSE:ARI) Business Is Yet to Catch Up With Its Share Price

Jul 24
African Rainbow Minerals Limited's (JSE:ARI) Business Is Yet to Catch Up With Its Share Price
NPH
R223.00
Northam Platinum Holdings
7D
6.3%
1Y
75.2%
IMP
R173.77
Impala Platinum Holdings
7D
1.1%
1Y
110.6%

Revenues Not Telling The Story For Impala Platinum Holdings Limited (JSE:IMP) After Shares Rise 26%

Jul 20
Revenues Not Telling The Story For Impala Platinum Holdings Limited (JSE:IMP) After Shares Rise 26%
CPR
R1.11
Copper 360
7D
-14.0%
1Y
-71.5%
THA
R20.50
Tharisa
7D
-4.7%
1Y
9.3%
SXM
R0.07
Sable Exploration and Mining
7D
-58.8%
1Y
-93.0%
MRF
R1.17
Merafe Resources
7D
-4.9%
1Y
-17.6%