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African Rainbow Minerals JSE:ARI Stock Report

Last Price

R160.61

Market Cap

R31.4b

7D

-2.1%

1Y

-4.0%

Updated

18 Nov, 2024

Data

Company Financials +

African Rainbow Minerals Limited

JSE:ARI Stock Report

Market Cap: R31.4b

African Rainbow Minerals Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for African Rainbow Minerals
Historical stock prices
Current Share PriceR160.61
52 Week HighR244.76
52 Week LowR152.63
Beta1.06
11 Month Change-10.53%
3 Month Change-16.35%
1 Year Change-4.02%
33 Year Change-22.86%
5 Year Change-1.70%
Change since IPO105.91%

Recent News & Updates

Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Oct 08
Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Recent updates

Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Oct 08
Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Some Investors May Be Willing To Look Past African Rainbow Minerals' (JSE:ARI) Soft Earnings

Sep 15
Some Investors May Be Willing To Look Past African Rainbow Minerals' (JSE:ARI) Soft Earnings

African Rainbow Minerals' (JSE:ARI) Dividend Will Be ZAR9.00

Sep 09
African Rainbow Minerals' (JSE:ARI) Dividend Will Be ZAR9.00

African Rainbow Minerals Limited's (JSE:ARI) Shares Not Telling The Full Story

Aug 20
African Rainbow Minerals Limited's (JSE:ARI) Shares Not Telling The Full Story

Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Jun 03
Returns On Capital Signal Tricky Times Ahead For African Rainbow Minerals (JSE:ARI)

Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

May 11
Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

Market Might Still Lack Some Conviction On African Rainbow Minerals Limited (JSE:ARI) Even After 26% Share Price Boost

Apr 19
Market Might Still Lack Some Conviction On African Rainbow Minerals Limited (JSE:ARI) Even After 26% Share Price Boost

African Rainbow Minerals' (JSE:ARI) Soft Earnings Don't Show The Whole Picture

Mar 16
African Rainbow Minerals' (JSE:ARI) Soft Earnings Don't Show The Whole Picture

African Rainbow Minerals (JSE:ARI) Is Paying Out Less In Dividends Than Last Year

Mar 15
African Rainbow Minerals (JSE:ARI) Is Paying Out Less In Dividends Than Last Year

African Rainbow Minerals (JSE:ARI) Might Have The Makings Of A Multi-Bagger

Feb 06
African Rainbow Minerals (JSE:ARI) Might Have The Makings Of A Multi-Bagger

African Rainbow Minerals Limited's (JSE:ARI) Low P/E No Reason For Excitement

Dec 29
African Rainbow Minerals Limited's (JSE:ARI) Low P/E No Reason For Excitement

African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price

Sep 26
African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price

Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

Sep 05
Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly

Returns On Capital Are Showing Encouraging Signs At African Rainbow Minerals (JSE:ARI)

Jun 22
Returns On Capital Are Showing Encouraging Signs At African Rainbow Minerals (JSE:ARI)

If EPS Growth Is Important To You, African Rainbow Minerals (JSE:ARI) Presents An Opportunity

Apr 18
If EPS Growth Is Important To You, African Rainbow Minerals (JSE:ARI) Presents An Opportunity

Is African Rainbow Minerals (JSE:ARI) A Risky Investment?

Apr 04
Is African Rainbow Minerals (JSE:ARI) A Risky Investment?

African Rainbow Minerals (JSE:ARI) Is Looking To Continue Growing Its Returns On Capital

Mar 09
African Rainbow Minerals (JSE:ARI) Is Looking To Continue Growing Its Returns On Capital

These 4 Measures Indicate That African Rainbow Minerals (JSE:ARI) Is Using Debt Reasonably Well

Dec 25
These 4 Measures Indicate That African Rainbow Minerals (JSE:ARI) Is Using Debt Reasonably Well

Investors Will Want African Rainbow Minerals' (JSE:ARI) Growth In ROCE To Persist

Nov 08
Investors Will Want African Rainbow Minerals' (JSE:ARI) Growth In ROCE To Persist

Analysts Just Made A Major Revision To Their African Rainbow Minerals Limited (JSE:ARI) Revenue Forecasts

Sep 15
Analysts Just Made A Major Revision To Their African Rainbow Minerals Limited (JSE:ARI) Revenue Forecasts

Estimating The Fair Value Of African Rainbow Minerals Limited (JSE:ARI)

Sep 07
Estimating The Fair Value Of African Rainbow Minerals Limited (JSE:ARI)

African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price

Aug 09
African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price

Should You Be Adding African Rainbow Minerals (JSE:ARI) To Your Watchlist Today?

Jul 05
Should You Be Adding African Rainbow Minerals (JSE:ARI) To Your Watchlist Today?

There's Been No Shortage Of Growth Recently For African Rainbow Minerals' (JSE:ARI) Returns On Capital

May 04
There's Been No Shortage Of Growth Recently For African Rainbow Minerals' (JSE:ARI) Returns On Capital

African Rainbow Minerals (JSE:ARI) Seems To Use Debt Rather Sparingly

Apr 16
African Rainbow Minerals (JSE:ARI) Seems To Use Debt Rather Sparingly

Do African Rainbow Minerals's (JSE:ARI) Earnings Warrant Your Attention?

Mar 27
Do African Rainbow Minerals's (JSE:ARI) Earnings Warrant Your Attention?

African Rainbow Minerals (JSE:ARI) Is Investing Its Capital With Increasing Efficiency

Jan 27
African Rainbow Minerals (JSE:ARI) Is Investing Its Capital With Increasing Efficiency

African Rainbow Minerals (JSE:ARI) Seems To Use Debt Rather Sparingly

Dec 27
African Rainbow Minerals (JSE:ARI) Seems To Use Debt Rather Sparingly

We Take A Look At Why African Rainbow Minerals Limited's (JSE:ARI) CEO Has Earned Their Pay Packet

Nov 29
We Take A Look At Why African Rainbow Minerals Limited's (JSE:ARI) CEO Has Earned Their Pay Packet

If You Like EPS Growth Then Check Out African Rainbow Minerals (JSE:ARI) Before It's Too Late

Nov 14
If You Like EPS Growth Then Check Out African Rainbow Minerals (JSE:ARI) Before It's Too Late

Why We Like The Returns At African Rainbow Minerals (JSE:ARI)

Oct 17
Why We Like The Returns At African Rainbow Minerals (JSE:ARI)

African Rainbow Minerals (JSE:ARI) Could Easily Take On More Debt

Sep 21
African Rainbow Minerals (JSE:ARI) Could Easily Take On More Debt

Shareholder Returns

ARIZA Metals and MiningZA Market
7D-2.1%-6.8%-1.5%
1Y-4.0%-4.5%14.1%

Return vs Industry: ARI matched the ZA Metals and Mining industry which returned -4.5% over the past year.

Return vs Market: ARI underperformed the ZA Market which returned 14.1% over the past year.

Price Volatility

Is ARI's price volatile compared to industry and market?
ARI volatility
ARI Average Weekly Movement5.6%
Metals and Mining Industry Average Movement6.8%
Market Average Movement4.4%
10% most volatile stocks in ZA Market9.5%
10% least volatile stocks in ZA Market2.6%

Stable Share Price: ARI has not had significant price volatility in the past 3 months compared to the ZA market.

Volatility Over Time: ARI's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1933n/aVelile Tobiasarm.co.za

African Rainbow Minerals Limited, through its subsidiaries, operates as a diversified mining and minerals company in South Africa and Switzerland. It explores for platinum group metals, nickel, coal, iron ore, copper, manganese ore, and chrome, as well as gold deposits. The company holds interests in the Nchwaning and Gloria Manganese ore mines; KhumaniIron ore Mine; Beeshoek Iron ore Mine; Goedgevonden (GGV) Coal mine; Modikwa Platinum Mine; Two Rivers Platinum Mine; Machadodorp Ferromanganese and Ferrochrome works; and Nkomati Nickel Mine located in South Africa, as well as in the Sakura Ferroalloys project situated in Malaysia.

African Rainbow Minerals Limited Fundamentals Summary

How do African Rainbow Minerals's earnings and revenue compare to its market cap?
ARI fundamental statistics
Market capR31.41b
Earnings (TTM)R3.15b
Revenue (TTM)R11.42b

10.0x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARI income statement (TTM)
RevenueR11.42b
Cost of RevenueR10.54b
Gross ProfitR877.00m
Other Expenses-R2.27b
EarningsR3.15b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)16.05
Gross Margin7.68%
Net Profit Margin27.55%
Debt/Equity Ratio1.8%

How did ARI perform over the long term?

See historical performance and comparison

Dividends

9.3%

Current Dividend Yield

93%

Payout Ratio