African Stock Exchanges

MRF - Merafe Resources Ltd

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MRF share price on Johannesburg Stock ExchangeMRF share price on Johannesburg Stock Exchange

Merafe is listed on the JSE Ltd. in the General Mining sector under the share code MRF. Currently, the main focus of Merafe's business is on the 20.5% participation of its wholly owned subsidiary, Merafe Ferrochrome and Mining (Pty) Ltd., in the earnings before interest, tax depreciation and amortisation (EBITDA) of the Glencore-Merafe Chrome Venture (the Venture), in which Glencore has a 79.5% participation. Merafe and Glencore South Africa operations (Glencore) formed the Venture in July 2004 when the companies pooled their chrome operations to create the largest ferrochrome producer in the world.

Merafe Resources Ltd through its wholly owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (Venture) operates five ferrochrome smelters,...

MRF0.47 ▾ 0.01 (2.08%)
12 hours ago
Last Trading ResultsGrowth & Valuation
Opening Price:--Earnings Per Share:-0.0730
Day's Low Price:0.47Price/Earning Ratio:-6.44
Day's High Price:0.48Dividend Per Share:0.04
Traded Volume:96,963Dividend Yield:8.51%
Number of Deals:6Shares Outstanding:2.51b
Value/Turnover:46,472.62Market Capitalization:1.18b
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

MRF Stock Market Performance

1WK4WK3MO6MO1YRYTD
-2.08%-6.00%+42.42%-16.07%-47.78%-45.35%

The current share price of Merafe Resources Ltd (MRF) is ZAR 0.47. The MRF stock closed its last trading day (Thursday, December 3, 2020) at 0.47 ZAR per share on the Johannesburg Stock Exchange, recording a 2.08% drop from its previous closing price of 0.48 ZAR. MRF began the year with a share price of 0.86 ZAR but has since lost 45.35% off that price valuation, ranking it 386th on the JSE in terms of year-to-date performance. Shareholders' worries are further compounded by the fact that MRF has lost 6% of the stock's value from November 5 to date. The table below details the last 10 trading days of activity of Merafe Resources Ltd on the Johannesburg Stock Exchange.

DateVolumeCloseChangeChange%
2020-12-0396,9630.47-0.012.08%
2020-12-02189,3800.48-0.012.04%
2020-12-01164,3090.49+0.012.08%
2020-11-30159,5690.48----
2020-11-27106,6830.48----
2020-11-2696,0000.48----
2020-11-25585,9610.48-0.024.00%
2020-11-24130,0670.50+0.024.17%
2020-11-2335,5500.48-0.035.88%
2020-11-201,340,6230.51----

Profile of Merafe Resources Ltd.

Merafe Resources Ltd. operates in the Basic Materials sector, specifically, the Mining industry. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.

Factsheet of Merafe Resources Ltd.
Sector:
Basic Materials
Industry:
Mining
Address:
Building B Second Floor, Ballyoaks Office Park, 35 Ballyclare Drive, Bryanston, 2191
Telephone:
011 783-4780
Email:
ditabe@meraferesources.co.za
Website:
www.meraferesources.co.za

MRF Industrial Market Competitors

Merafe Resources Ltd., issuers of the MRF stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Basic Materials sector and/or Mining industry. The table below gives you an overview of the market standing of the top 10 by year-to-date performance.

CodeNameMkt. Cap.L. PriceYearTD
JBLJubilee Metals Group plc4.12b1.95+160.0%
DRDDRD Gold Ltd14.28b16.52+120.3%
PANPan African Resource plc9.97b4.46+106.5%
SSWSibanye Stillwater Limited163.72b55.98+56.0%
NHMNortham Platinum Ltd98.13b192.50+55.7%
ARIAfrican Rainbow Min Ltd55.71b249.47+52.4%
GFIGold Fields Ltd120.12b135.99+41.9%
ORNOrion Minerals Limited1.10b0.34+41.7%
RBPRoyal Bafokeng Platinum Ltd16.67b64.41+29.8%
HARHarmony GM Co Ltd39.94b66.18+29.3%

Index of African Stock Exchanges:

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

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