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African Rainbow Minerals JSE:ARI Stock Report

Last Price

R229.27

Market Cap

R44.9b

7D

-2.8%

1Y

12.4%

Updated

28 May, 2024

Data

Company Financials +

African Rainbow Minerals Limited

JSE:ARI Stock Report

Market Cap: R44.9b

ARI Stock Overview

Through its subsidiaries, operates as a diversified mining and minerals company in South Africa and Malaysia.

ARI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance1/6
Financial Health6/6
Dividends4/6

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 PriceR229.27
52 Week HighR239.98
52 Week LowR146.62
Beta1.06
1 Month Change14.13%
3 Month Change36.36%
1 Year Change12.35%
3 Year Change-14.61%
5 Year Change37.94%
Change since IPO193.94%

Recent News & Updates

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

Recent updates

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

Here's Why I Think African Rainbow Minerals (JSE:ARI) Might Deserve Your Attention Today

Aug 12
Here's Why I Think African Rainbow Minerals (JSE:ARI) Might Deserve Your Attention Today

The Return Trends At African Rainbow Minerals (JSE:ARI) Look Promising

Jun 14
The Return Trends At African Rainbow Minerals (JSE:ARI) Look Promising

With EPS Growth And More, African Rainbow Minerals (JSE:ARI) Is Interesting

May 13
With EPS Growth And More, African Rainbow Minerals (JSE:ARI) Is Interesting

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

Apr 28
Is African Rainbow Minerals (JSE:ARI) A Risky Investment?

African Rainbow Minerals (JSE:ARI) Could Be A Buy For Its Upcoming Dividend

Mar 20
African Rainbow Minerals (JSE:ARI) Could Be A Buy For Its Upcoming Dividend

Will the Promising Trends At African Rainbow Minerals (JSE:ARI) Continue?

Mar 08
Will the Promising Trends At African Rainbow Minerals (JSE:ARI) Continue?

How Much Is African Rainbow Minerals Limited (JSE:ARI) CEO Getting Paid?

Feb 23
How Much Is African Rainbow Minerals Limited (JSE:ARI) CEO Getting Paid?

Could African Rainbow Minerals Limited (JSE:ARI) Have The Makings Of Another Dividend Aristocrat?

Feb 10
Could African Rainbow Minerals Limited (JSE:ARI) Have The Makings Of Another Dividend Aristocrat?

African Rainbow Minerals (JSE:ARI) Has Rewarded Shareholders With An Exceptional 468% Total Return On Their Investment

Jan 30
African Rainbow Minerals (JSE:ARI) Has Rewarded Shareholders With An Exceptional 468% Total Return On Their Investment

Is Now The Time To Put African Rainbow Minerals (JSE:ARI) On Your Watchlist?

Jan 18
Is Now The Time To Put African Rainbow Minerals (JSE:ARI) On Your Watchlist?

Shareholder Returns

ARIZA Metals and MiningZA Market
7D-2.8%-4.7%-2.0%
1Y12.4%-9.6%8.0%

Return vs Industry: ARI exceeded the ZA Metals and Mining industry which returned -8.3% over the past year.

Return vs Market: ARI exceeded the ZA Market which returned 7% over the past year.

Price Volatility

Is ARI's price volatile compared to industry and market?
ARI volatility
ARI Average Weekly Movement6.6%
Metals and Mining Industry Average Movement7.0%
Market Average Movement4.8%
10% most volatile stocks in ZA Market11.2%
10% least volatile stocks in ZA Market2.9%

Stable Share Price: ARI's share price has been volatile over the past 3 months.

Volatility Over Time: ARI's weekly volatility (7%) 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 Malaysia. It explores for platinum group metals, nickel, coal, iron ore, manganese ore, and chrome ore, as well as gold. African Rainbow Minerals Limited was founded in 1933 and is based in Sandton, South Africa.

African Rainbow Minerals Limited Fundamentals Summary

How do African Rainbow Minerals's earnings and revenue compare to its market cap?
ARI fundamental statistics
Market capR44.95b
Earnings (TTM)R4.91b
Revenue (TTM)R11.73b

9.2x

P/E Ratio

3.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARI income statement (TTM)
RevenueR11.73b
Cost of RevenueR9.76b
Gross ProfitR1.98b
Other Expenses-R2.93b
EarningsR4.91b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Sep 06, 2024

Earnings per share (EPS)25.02
Gross Margin16.86%
Net Profit Margin41.81%
Debt/Equity Ratio0.2%

How did ARI perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

72%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.