company background image
MRF

Merafe Resources JSE:MRF Stock Report

Last Price

R1.35

Market Cap

R3.4b

7D

1.5%

1Y

4.7%

Updated

30 Jan, 2023

Data

Company Financials +

MRF Stock Overview

Merafe Resources Limited, together with its subsidiaries, engages in the mining and beneficiation of chrome ore into ferrochrome.

MRF fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends3/6

My Notes

New

Notes are coming soon

Merafe Resources Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Merafe Resources
Historical stock prices
Current Share PriceR1.35
52 Week HighR1.96
52 Week LowR1.03
Beta0.56
1 Month Change2.27%
3 Month Change9.76%
1 Year Change4.65%
3 Year Change117.74%
5 Year Change-16.15%
Change since IPO1,828.63%

Recent News & Updates

Recent updates

We Think That There Are Issues Underlying Merafe Resources' (JSE:MRF) Earnings

Aug 17
We Think That There Are Issues Underlying Merafe Resources' (JSE:MRF) Earnings

Should Shareholders Reconsider Merafe Resources Limited's (JSE:MRF) CEO Compensation Package?

May 11
Should Shareholders Reconsider Merafe Resources Limited's (JSE:MRF) CEO Compensation Package?

What Type Of Returns Would Merafe Resources'(JSE:MRF) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Mar 03
What Type Of Returns Would Merafe Resources'(JSE:MRF) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

What Type Of Shareholders Make Up Merafe Resources Limited's (JSE:MRF) Share Registry?

Feb 05
What Type Of Shareholders Make Up Merafe Resources Limited's (JSE:MRF) Share Registry?

Should You Buy Merafe Resources Limited (JSE:MRF) For Its Dividend?

Dec 27
Should You Buy Merafe Resources Limited (JSE:MRF) For Its Dividend?

Read This Before Selling Merafe Resources Limited (JSE:MRF) Shares

Nov 30
Read This Before Selling Merafe Resources Limited (JSE:MRF) Shares

Shareholder Returns

MRFZA Metals and MiningZA Market
7D1.5%-2.2%1.2%
1Y4.7%-5.4%1.5%

Return vs Industry: MRF exceeded the ZA Metals and Mining industry which returned -5.4% over the past year.

Return vs Market: MRF exceeded the ZA Market which returned 1.5% over the past year.

Price Volatility

Is MRF's price volatile compared to industry and market?
MRF volatility
MRF Average Weekly Movement5.1%
Metals and Mining Industry Average Movement6.2%
Market Average Movement4.9%
10% most volatile stocks in ZA Market12.2%
10% least volatile stocks in ZA Market2.9%

Stable Share Price: MRF is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: MRF's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1987n/aZanele Matlalahttps://www.meraferesources.co.za

Merafe Resources Limited, together with its subsidiaries, engages in the mining and beneficiation of chrome ore into ferrochrome. The company operates five ferrochrome smelters, twenty-two ferrochrome furnaces, six chrome ore mines, and five UG2 plants. It primarily serves stainless steel mills in Africa, the Middle East, the United States, Brazil, Mexico, China, India, Indonesia, Japan, South Korea, Taiwan, Australia, Germany, Italy, Spain, France, and Belgium.

Merafe Resources Limited Fundamentals Summary

How do Merafe Resources's earnings and revenue compare to its market cap?
MRF fundamental statistics
Market CapR3.36b
Earnings (TTM)R2.02b
Revenue (TTM)R8.61b

1.7x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MRF income statement (TTM)
RevenueR8.61b
Cost of RevenueR0
Gross ProfitR8.61b
Other ExpensesR6.59b
EarningsR2.02b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Mar 20, 2023

Earnings per share (EPS)0.81
Gross Margin100.00%
Net Profit Margin23.49%
Debt/Equity Ratio0%

How did MRF perform over the long term?

See historical performance and comparison

Dividends

25.2%

Current Dividend Yield

42%

Payout Ratio