Merafe Resources (MRF.JO) Stock Price
Merafe Resources Price
Revenue has compounded at 9.6% per year over the past 19 years to 5.83 B ZAR. Earnings per share have declined at 0.2% per year over the last 19 years. Merafe Resources's net margin stands at 2.4%, down from 20.8% several years earlier. Merafe Resources currently offers a dividend yield of about 0.09%. The payout ratio is around 210% of earnings. The dividend has grown at 12.7% per year over the past 15 years. Analysts set a median price target of 1.33 ZAR, implying 99.0% below the current price. Of 5 analysts, 4 rate the stock a buy — an overall Buy consensus. The stock trades about 13,365% above its 52-week low.
Merafe Resources stock price
Merafe Resources business model & stock analysis
Frequently asked questions about Merafe Resources
Merafe Resources Ltd operates in the mining industry, specifically in the field of ferrochrome production. As a leading integrated ferrochrome producer, Merafe Resources plays a crucial role in the supply chain of this essential alloy used in stainless steel production. The company owns and operates a large percentage of the Glencore-Merafe Chrome Venture, which includes interests in various chrome mines and smelters in South Africa. Merafe Resources focuses on maintaining a sustainable business model by ensuring operational efficiency, cost control, and maintaining strong relationships with industry stakeholders. Their commitment to quality, safety, and environmental responsibility further strengthens their position as a prominent player in the ferrochrome industry.
Merafe Resources Ltd is primarily active in the mining industry.
The main competitors of Merafe Resources Ltd in the market are other mining and processing companies operating in the ferrochrome industry. Some notable competitors include Ferroglobe PLC, Samancor Chrome, Hernic Ferrochrome, Assmang Ltd, and Glencore International AG. These companies also engage in the exploration, extraction, and sale of ferrochrome products. Merafe Resources Ltd faces competition in terms of production capacity, product quality, technological advancements, and market share. Continuous innovation, efficient operations, and strategic partnerships allow Merafe Resources Ltd to stay competitive in the industry.
Merafe Resources Ltd is a South African mining company, founded in 2001. It operates as a mining and smelting entity, primarily focused on the production of ferrochrome. Merafe Resources Ltd holds a 20.5% stake in the Glencore-Merafe Chrome Venture, which operates several Chrome mines in South Africa. Over the years, Merafe Resources Ltd has positioned itself as a key player in the global ferrochrome industry, delivering high-quality products to customers worldwide. With a strong track record and continuous growth, Merafe Resources Ltd remains committed to sustainable mining practices and contributing to the economic development of South Africa.
Merafe Resources Ltd has achieved several significant milestones in its operation. The company successfully established itself as a leading producer of ferrochrome in South Africa. It formed a joint venture with Glencore Operations South Africa (Pty) Ltd, known as the Glencore-Merafe Chrome Venture, which became one of the world's largest ferrochrome producers. Merafe Resources Ltd expanded its operations and diversified its product portfolio, demonstrating strong growth and ensuring a competitive edge in the market. The company's commitment to sustainable mining practices and maintaining strong partnerships with stakeholders further contribute to its continued success and development.
Merafe Resources Ltd is primarily present in South Africa.
Merafe Resources Ltd is a leading company in the mining and minerals industry. Their core values and corporate philosophy revolve around responsible mining practices and sustainable development. Merafe Resources Ltd is committed to delivering value to its shareholders while ensuring the well-being and safety of its workforce. They prioritize environmental stewardship and community engagement, aiming to create positive impacts in the areas they operate. Merafe Resources Ltd focuses on building successful partnerships and maintaining ethical business practices. Transparency and accountability are central to their operations, promoting trust and long-term relationships with stakeholders. Through innovation and continuous improvement, Merafe Resources Ltd strives to remain an industry leader with a strong commitment to sustainability.
Analysts currently set an average price target of 1.33 ZAR for the Merafe Resources stock (median: 1.33 ZAR), implying -1.8 % versus the latest price. The consensus is based on 5 analyst ratings.
5 analysts currently rate the Merafe Resources stock: 4 recommend buying, 1 holding and 0 selling. For 2026, analysts expect Merafe Resources to generate revenue of 7.55 B ZAR and earnings per share of 0.31 ZAR.
Converted at the current exchange rate, the Merafe Resources share trades at 7.31 EUR (136.00 ZAR).
The Merafe Resources share (MRF.JO) is listed on 2 stock exchanges, including: JSE (Johannesburg) (MRF.JO), Frankfurt (RZT.F).
Merafe Resources Ltd is a leading mining company based in South Africa, mainly involved in the production of chromite and ferrochrome. The company operates in the mining, refining, and marketing of chrome products. Merafe Resources is one of the leading producers of chromite in South Africa, as it has access to some of the best chromite deposits in the country. The focus is on producing high-quality ferrochrome, primarily used in stainless steel production. The company works closely with joint venture partner Glencore and holds a 20.5% stake in Glencore's ferrochrome division. This partnership has provided Merafe with access to one of the world's largest chrome mines, enabling the company to increase its production and strengthen its competitive position. Merafe Resources is able to offer high-quality ferrochrome at a competitive price, thanks to its well-developed infrastructure and continuous modernization and improvement of its production facilities. The company also has a distribution department responsible for exporting ferrochrome to Europe, Asia, and America. Additionally, Merafe Resources collaborates with leading stainless steel manufacturers worldwide to ensure that customers receive the right quality and appearance of ferrochrome needed for their production. Merafe Resources is also active in chromite ore production and processing, as it holds a stake in the Merafe-Monde Mine joint venture with Xstrata, which supplies high-quality chromite for the production of ferrochrome and other chrome-based products. Furthermore, the company also has a stake in a project exploring platinum group metals in the Bushveld Mineral Province in South Africa. Overall, Merafe Resources' business model is focused on chromite as the main product and ferrochrome as the primary output. The company has a strong partnership with Glencore and is able to produce and export high-quality products at competitive prices. Merafe Resources is also active in other areas of mineral exploration and processing to further strengthen its competitive position in the industry.
The expected revenue of Merafe Resources is 7.55 B ZAR. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Merafe Resources is 774.73 M ZAR. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Merafe Resources is currently 438.71. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Merafe Resources stock.
The price-to-sales ratio (P/S) of Merafe Resources is currently 45.00. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Merafe Resources stock.
The Eulerpool Quality Score for Merafe Resources is 2/10.
The ISIN of Merafe Resources is ZAE000060000. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Merafe Resources is A0DNNZ. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Merafe Resources is MRF.JO. The ticker symbol is used to trade Merafe Resources shares on the stock exchange.
Over the past 12 months, Merafe Resources paid a dividend of 0.12 ZAR . This corresponds to a dividend yield of about 0.09 %. For the coming 12 months, Merafe Resources is expected to pay a dividend of 0.26 ZAR.
The current dividend yield of Merafe Resources is 0.09 %.
Merafe Resources pays a dividend, distributed in the months of April, September, March.
Merafe Resources paid dividends every year for the past 12 years.
For the upcoming 12 months, dividends amounting to 0.26 ZAR are expected. This corresponds to a dividend yield of 19.05 %.
Merafe Resources is assigned to the 'Commodities' sector.
In the year 2025, Merafe Resources distributed 0.12 ZAR as dividends.
The dividends of Merafe Resources are distributed in ZAR.
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All fundamentals and in-depth analysis of Merafe Resources
Our stock analysis for Merafe Resources stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Merafe Resources. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.