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Merafe Resources JSE:MRF Stock Report

Last Price

R1.24

Market Cap

R3.1b

7D

-0.8%

1Y

5.1%

Updated

07 May, 2024

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 Performance5/6
Financial Health6/6
Dividends4/6

Merafe Resources Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Merafe Resources
Historical stock prices
Current Share PriceR1.24
52 Week HighR1.61
52 Week LowR1.04
Beta0.59
1 Month Change-22.01%
3 Month Change-6.06%
1 Year Change5.08%
3 Year Change85.07%
5 Year Change-0.80%
Change since IPO1,671.48%

Recent News & Updates

Merafe Resources Limited's (JSE:MRF) Shares Bounce 27% But Its Business Still Trails The Market

Mar 30
Merafe Resources Limited's (JSE:MRF) Shares Bounce 27% But Its Business Still Trails The Market

Recent updates

Merafe Resources Limited's (JSE:MRF) Shares Bounce 27% But Its Business Still Trails The Market

Mar 30
Merafe Resources Limited's (JSE:MRF) Shares Bounce 27% But Its Business Still Trails The Market

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
7D-0.8%1.8%1.4%
1Y5.1%-19.5%-0.1%

Return vs Industry: MRF exceeded the ZA Metals and Mining industry which returned -21.5% over the past year.

Return vs Market: MRF exceeded the ZA Market which returned -1.7% over the past year.

Price Volatility

Is MRF's price volatile compared to industry and market?
MRF volatility
MRF Average Weekly Movement5.7%
Metals and Mining Industry Average Movement7.5%
Market Average Movement4.9%
10% most volatile stocks in ZA Market11.6%
10% least volatile stocks in ZA Market2.8%

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

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

About the Company

FoundedEmployeesCEOWebsite
1987n/aZanele Matlalawww.meraferesources.co.za

Merafe Resources Limited, together with its subsidiaries, engages in the mining and beneficiation of chrome ore into ferrochrome. It operates ferrochrome smelters, ferrochrome furnaces, chrome ore mines, UG2 plants, and PGM processing plants located in the Northwest, Limpopo, and Mpumalanga Provinces of South Africa. The company operates in South Africa, Brazil, the United States, Mexico, China, India, Indonesia, Japan, South Korea, Taiwan, Singapore, Australia, Germany, Italy, the Luxembourg, 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 capR3.10b
Earnings (TTM)R1.75b
Revenue (TTM)R9.24b

1.8x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRF income statement (TTM)
RevenueR9.24b
Cost of RevenueR0
Gross ProfitR9.24b
Other ExpensesR7.49b
EarningsR1.75b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 12, 2024

Earnings per share (EPS)0.70
Gross Margin100.00%
Net Profit Margin18.96%
Debt/Equity Ratio0%

How did MRF perform over the long term?

See historical performance and comparison

Dividends

35.5%

Current Dividend Yield

60%

Payout Ratio
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