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Merafe Resources JSE:MRF Stock Report

Last Price

R1.13

Market Cap

R2.8b

7D

0%

1Y

-18.7%

Updated

15 Apr, 2025

Data

Company Financials +

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Merafe Resources Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Merafe Resources
Historical stock prices
Current Share PriceR1.13
52 Week HighR1.61
52 Week LowR1.00
Beta0.030
1 Month Change-8.87%
3 Month Change-23.13%
1 Year Change-18.71%
3 Year Change-31.52%
5 Year Change303.57%
Change since IPO1,514.33%

Recent News & Updates

Some May Be Optimistic About Merafe Resources' (JSE:MRF) Earnings

Mar 17
Some May Be Optimistic About Merafe Resources' (JSE:MRF) Earnings

Recent updates

Some May Be Optimistic About Merafe Resources' (JSE:MRF) Earnings

Mar 17
Some May Be Optimistic About Merafe Resources' (JSE:MRF) Earnings

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
7D0%16.9%8.1%
1Y-18.7%8.2%17.7%

Return vs Industry: MRF underperformed the ZA Metals and Mining industry which returned 8.2% over the past year.

Return vs Market: MRF underperformed the ZA Market which returned 17.7% over the past year.

Price Volatility

Is MRF's price volatile compared to industry and market?
MRF volatility
MRF Average Weekly Movement9.9%
Metals and Mining Industry Average Movement8.8%
Market Average Movement5.3%
10% most volatile stocks in ZA Market10.8%
10% least volatile stocks in ZA Market3.4%

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

Volatility Over Time: MRF's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of ZA stocks.

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 and associated minerals. The company 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. It operates in South Africa, Brazil, the United States, China, India, Japan, South Korea, Taiwan, Singapore, Australia, England, Finland, Italy, Luxembourg, the Netherlands, Slovenia, and Spain.

Merafe Resources Limited Fundamentals Summary

How do Merafe Resources's earnings and revenue compare to its market cap?
MRF fundamental statistics
Market capR2.82b
Earnings (TTM)R667.21m
Revenue (TTM)R8.44b

4.2x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRF income statement (TTM)
RevenueR8.44b
Cost of RevenueR0
Gross ProfitR8.44b
Other ExpensesR7.78b
EarningsR667.21m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Aug 11, 2025

Earnings per share (EPS)0.27
Gross Margin100.00%
Net Profit Margin7.90%
Debt/Equity Ratio0%

How did MRF perform over the long term?

See historical performance and comparison

Dividends

24.8%

Current Dividend Yield

105%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/15 17:35
End of Day Share Price 2025/04/15 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Merafe Resources Limited is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew SnowdowneBofA Global Research
J. ClarkDeutsche Bank
Anshul GadiaHSBC