SLG - Salungano Group Ltd
The main business of the Group is the mining, processing, sale and supply of coal. Coal product is mined, sourced and supplied to clients in local industry including power generation, manufacturing and petro-chemicals sectors.The key strategic thrust of Wescoal is to be a leading junior coal miner with a sustainable resource base and a coal trading operation.
Wescoal Holdings Ltd is a South Africa based company which is involved in the coal business sector. The company is engaged in the mining, processing, sale, and distribution of coal. Its operating segments of the...
NOTE: Shares of Salungano Group Ltd are currently suspended from trading on the Johannesburg Stock Exchange (JSE) since close of trading on Friday, August 18, 2023. Salungano is traded on the JSE under the ticker symbol “SLG”. The International Securities Identification Number (ISIN) of JSE:SLG is ZAE000306890. Salungano Group Ltd is currently the 324th most valuable stock on the JSE with a market capitalization of ZAR 231 million, which makes about 0.0013% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 0.50 |
| Day’s High Price | 0.51 |
| Traded Volume | 30,600 |
| Number of Deals | 2 |
| Gross Turnover | 15,525.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | -0.3420 |
| Price/Earning Ratio | -1.61 |
| Dividend Per Share | 0.08 |
| Dividend Yield | 14.6% |
| Shares Outstanding | 420M |
| Market Capitalization | 231M |
SLG Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -8.33% | -15.4% | -52.2% |
| 6MO | 1YR | YTD |
|---|---|---|
| -54.9% | -54.6% | -54.2% |
The current share price of Salungano Group Ltd (SLG) is ZAR 0.50. SLG closed its last trading day (Friday, August 18, 2023) at 0.55 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 5.8% gain over its previous closing price of 0.52 ZAR. Salungano began the year with a share price of 1.20 ZAR but has since lost 54.2% off that price valuation. Shareholders’ worries are compounded by the fact that SLG has lost 15% of the stock’s value from July 20th to date.
Salungano Group has traded a total volume of 3.39 million shares—in 292 deals—valued at ZAR 2.53 million over the past three months (May 22 - Aug 18, 2023), with an average of 53,762 traded shares per session. A volume high of 387,052 was achieved on July 4th for the same period. The table below details the last 10 trading days of activity of Salungano on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-08-18 | 44,075 | 0.55 | +0.03 | +5.77% |
| 2023-08-17 | 28,271 | 0.52 | ||
| 2023-08-16 | 91,940 | 0.52 | -0.03 | -5.45% |
| 2023-08-15 | 89,241 | 0.55 | -0.01 | -1.79% |
| 2023-08-14 | 60,341 | 0.56 | -0.04 | -6.67% |
| 2023-08-10 | 118,402 | 0.60 | ||
| 2023-08-08 | 50,042 | 0.60 | ||
| 2023-08-07 | 22,904 | 0.60 | ||
| 2023-08-04 | 40,000 | 0.60 | -0.05 | -7.69% |
| 2023-08-03 | 63,595 | 0.65 |
Profile of Salungano Group Limited
Salungano Group Limited operates in the Basic Materials sector, specifically, the Mining industry.
Factsheet of Salungano Group Limited
- Sector
- Basic Materials
- Industry
- Mining
- Address
- First Floor Building 10, Woodmead Business Park, 142 Western Service Road, Woodmead, 2191
- Telephone
- 011 049-8611
- bets@wescoal.com
- Website
- www.wescoal.com
SLG Industrial Market Competitors
Salungano Group Limited, issuers of the SLG 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 presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| DRD | DRD Gold Ltd | 13.5B | 15.66 | +27.9% |
| HAR | Harmony GM Co Ltd | 44B | 71.02 | +20.8% |
| GFI | Gold Fields Ltd | 183B | 205.31 | +16.6% |
| ORN | Orion Minerals Limited | 1.36B | 0.24 | +14.3% |
| BHG | BHP Group | 2.74T | 541.50 | +2.8% |
| PAN | Pan African Resource plc | 7.45B | 3.35 | |
| GLN | Glencore plc | 1.33T | 108.13 | -5.18% |
| ANG | Anglogold Ashanti Ltd | 128B | 304.72 | -7.44% |
| MRF | Merafe Resources Ltd | 3.05B | 1.22 | -7.58% |
| MDI | Master Drilling Grp Ltd | 1.98B | 13.06 | -9.81% |