African Stock Exchanges

MTNGH - MTN Ghana

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MTNGH share price on Ghana Stock ExchangeMTNGH share price on Ghana Stock Exchange

Scancom Plc, more commonly known as MTN Ghana, is a public limited liability company first incorporated in Ghana in April 1994 and licensed by the NCA as a mobile telecommunications services operator. In November 1994, MTN (then using the trade name “Spacefon”) launched its GSM mobile cellular services with initial coverage in Accra and Tema. Coverage was expanded to Kumasi and Obuasi in 1997, and to Takoradi, Bibiani, Tarkwa and Cape Coast in 1999. Since then, MTN has built a robust customer base in Ghana, increasing its subscribers from 2.5 million in 2006 to nearly 18 million as at December 2017.

MTN Ghana's main revenue lines are airtime and subscription, interconnect and roaming, SMS, data, handset and accessories, mobile money, and value added services. Data and mobile money are expected to be the dominant drivers of revenue due to increased internet use and reliance on mobile money for payments.

MTN Ghana is listed on the Ghana Stock Exchange (GSE) since September 3rd, 2018. MTN is traded on the GSE under the ticker symbol “MTNGH”. The International Securities Identification Number (ISIN) of GSE:MTNGH is GHEMTN051541. MTN Ghana is currently the third most valuable stock on the GSE with a market capitalization of GHS 10.7 billion, which is about 17.3% of the entire Ghana Stock Exchange equity market.

MTNGH0.87 ▪ 0.00
3 days ago
Last Trading Results
Opening Price0.87
Day’s Low Price
Day’s High Price
Traded Volume1,852
Number of Deals
Gross Turnover1,611.24
Growth & Valuation
Earnings Per Share0.2303
Price/Earning Ratio3.78
Dividend Per Share0.1150
Dividend Yield13.2%
Shares Outstanding12.3B
Market Capitalization10.7B
Monetary values are quoted in Ghana Cedi (GHS) unless otherwise stated

MTNGH Stock Market Performance

1WK4WK3MO
+1.16%-3.33%-17.9%
6MO1YRYTD
-25%-27.5%-21.6%

The current share price of MTN Ghana (MTNGH) is GHS 0.87. MTNGH closed its last trading day (Friday, June 24, 2022) at 0.87 GHS per share on the Ghana Stock Exchange (GSE). MTN began the year with a share price of 1.11 GHS but has since lost 21.6% off that price valuation, ranking it 34th on the GSE in terms of year-to-date performance.

MTN Ghana is the #1 most traded stock on the Ghana Stock Exchange over the past three months (Mar 24 - Jun 24, 2022). MTNGH has traded a total volume of 944 million shares valued at GHS 895 million over the period, with an average of 15 million traded shares per session. A volume high of 615 million was achieved on May 11th, and a low of 1,418 on May 27th, for the same period. The table below details the last 10 trading days of activity of MTN Ghana on the Ghana Stock Exchange.

DateVolumeCloseChangeChange%
2022-06-241,8520.87
2022-06-231,520,0360.87+0.01+1.16%
2022-06-223,8430.86
2022-06-216,193,2000.86
2022-06-20652,4610.86
2022-06-1728,741,1990.86-0.04-4.44%
2022-06-1677,7830.90
2022-06-1510,8200.90
2022-06-143,1650.90
2022-06-13326,4440.90

Profile of Scancom Plc

Scancom Plc was founded on April 14, 1994 and operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry. Scancom contracts an estimated total number of 1,185 employees. The company is led by Selorm Adadevoh as its Chief Executive Officer, since 2018. The company's board of directors, chaired by Ishmael Yamson (79), is composed of eight members whose names are listed below.

  1. Yamson, Ishmael
    Chairman
  2. Adadevoh, Selorm
    Chief Executive Officer
  3. Kadri, Modupe Agbolade
    Chief Financial Officer
  4. Abeasi, Kwasi
    Non-Executive Director
  5. Perumal, Sugentharen
    Non-Executive Director
  6. Mupita, Ralph
    Non-Executive Director
  7. Jakoet, Fatima
    Non-Executive Director
  8. Pomes, Albert Fernandez
    Non-Executive Director

Factsheet of Scancom Plc

Sector
Telecommunications
Industry
Mobile Telecommunications
Address
MTN House, Independence Avenue, West Ridge, Accra, Ghana
Telephone
+233-24-430-0000, +233-24-100-62279

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

Comments (136)

  1. FurgusonFurguson
    Jun 16, 2022 22:00 GMT

    What is the current price of mtn shares

  2. Beatrice BadiooBeatrice Badioo
    Jun 14, 2022 21:45 GMT

    I will like to know more about it
    And also invest

  3. Amoah dicksonAmoah dickson
    Jan 25, 2021 18:30 GMT

    I wanted to buy more shares and how do l check my shares

    1. BillBill
      Jul 10, 2021 18:21 GMT

      Kindly contact me if you still want to buy the MTN shares. I want to sell some of mine.
      zero - five - zero - three - nine - seven thousand -one.

  4. Walter KitsiWalter Kitsi
    May 1, 2021 08:06 GMT

    Buying MTN shares from the IPO has been one of my best investment decision, I'd wanted to buy more when the price dropped marginally to 0.51p per share but couldn't do that due to the specific bank I have to go to, GT Bank which wasn't anywhere near my location, now the share price has sky rocketed, am biting my fingers right now cos my account is looking really good... Its still not too late to buy.. the future prospects of MTN is very bright.

    1. YasYas
      Mar 19, 2022 06:30 GMT

      I agree but the cedis depreciation has eaten everything now

  5. Matilda BiragoMatilda Birago
    Jan 28, 2021 04:09 GMT

    Please I can't access the mtn gh shares website please what do I do?

    1. IronIron
      Mar 9, 2021 03:34 GMT

      Please go to tradelive.icsecurities.com and use the same login, they will send you code either to you phone or email , enter that and you should be good to go.

  6. Samuel Mawuko Kwame TsatsuSamuel Mawuko Kwame Tsatsu
    Nov 4, 2019 23:08 GMT

    I bought my shares through mobile money but I have not received any divisent Since then. What is the problem? Please let me know.

    1. TIMTIM
      May 3, 2020 19:40 GMT

      You may be one of those whose shares could not be validated. Call thier agent IC securities immediately

  7. captain macleancaptain maclean
    Jan 27, 2020 20:06 GMT

    I bought shares since last year with mobile money, and still haven't heard anything for you guys, at least let us know what is on going.

  8. EricEric
    Oct 21, 2019 19:53 GMT

    Ghana financial system is not serious as a country especially the Ghana stock exchange, why will one buy share and after a short term liquidity challenge face your client. All what you will here is, unless your share has been sold before you can get refunding your money back without even a period you can trust.

    Ghana stock exchange is a joke and i will soon stand toll at them because they can't use the entity to fraud Ghanaians

    Accepting the money takes a day but refunding don't have a period or date. What a scam policy and will never advice anybody to use he's or her money to buy any share in Ghana.

    MTN Ghana, please pay us back our shares or..............

    1. Edward SarpongEdward Sarpong
      Jan 1, 2022 18:31 GMT

      Sell me your share and that is how it works. You are part of the company now. You have to sell your part of the company to get your money back.

  9. Isaac AsamoahIsaac Asamoah
    Apr 28, 2022 10:36 GMT

    Hi Good day,

    Is MTN still selling shares in the year 2022?

  10. Haruna HamiduHaruna Hamidu
    Feb 17, 2021 12:02 GMT

    I want to buy shares in your company.
    How do I go by it?

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