African Stock Exchanges

BIND - Bindura Nickel Corporation Limited

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BIND share price on Zimbabwe Stock ExchangeBIND share price on Zimbabwe Stock Exchange

Bindura Nickel Corporation (BNC) Limited is a Zimbabwean mining company engaged in nickel production. Incorporated in June 1979, the company is based in Mashonaland Central. Trojan Nickel Mine Ltd and Shangani Nickel Mine Ltd are operating subsidiaries of BNC, having hoisting and treatment capacity of 1.1Mt and 1.0Mt a year respectively. BNC also owns and operates the Bindura Smelter and Refinery Complex which produces nickel cathodes, copper sulphide, and cobalt hydroxide. Its smelter capacity is estimated at 17ktpa and for the refinery 14.5ktpa.

Bindura Nickel's projects include the Shaft Re-deepening Project, the Concentrator Plant and Sub Vertical Medium Voltage Switch Room Equipment Replacement Project, the Sub Vertical Service Winder and Main Rock Winder Drives Upgrade Project, and the Smelter Restart Project.

In 2003, Mwana Africa Holdings, a South African mining company, acquired a 52.9% controlling interest in Bindura Nickel Corporation from Anglo American Corporation of Zimababwe.

BIND5.6360 ▴ 0.6360 (12.72%)
2 days ago
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume128,700
Number of Deals
Gross Turnover725,353.20
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding1.25B
Market Capitalization7.06B
Monetary values are quoted in Zimbabwe Dollar (ZWL) unless otherwise stated

BIND Stock Market Performance

1WK4WK3MO
+25.2%+17.3%+9.03%
6MO1YRYTD
+7.34%+52.3%+49.9%

The current share price of Bindura Nickel Corporation Limited (BIND) is ZWL 5.6360. BIND closed its last trading day (Friday, September 24, 2021) at 5.6360 ZWL per share on the Zimbabwe Stock Exchange (ZSE), recording a 12.7% gain over its previous closing price of 5.00 ZWL. Bindura Nickel began the year with a share price of 3.7595 ZWL and has since gained 49.9% on that price valuation, ranking it 47th on the ZSE in terms of year-to-date performance. Shareholders can be optimistic about BIND knowing the stock has accrued 17% over the past four-week period—12th best on ZSE.

Bindura Nickel Corporation is the seventh most traded stock on the Zimbabwe Stock Exchange over the past three months (Jun 28 - Sep 24, 2021). BIND has traded a total volume of 24.5 million shares valued at ZWL 124 million over the period, with an average of 389,440 traded shares per session. A volume high of 3.14 million was achieved on July 9th, and a low of 700 on July 19th, for the same period. The table below details the last 10 trading days of activity of Bindura Nickel on the Zimbabwe Stock Exchange.

DateVolumeCloseChangeChange%
2021-09-24128,7005.6360+0.6360+12.72%
2021-09-231,096,1005.00+0.0005+0.01%
2021-09-2295,1004.9995+0.2804+5.94%
2021-09-21938,4004.7191+0.2201+4.89%
2021-09-20376,2004.4990-0.0010-0.02%
2021-09-17187,3004.50-0.0138-0.31%
2021-09-16780,6004.5138-0.1380-2.97%
2021-09-1554,2004.6518-0.2504-5.11%
2021-09-1479,6004.9022-0.0215-0.44%
2021-09-13363,0004.9237

Profile of Bindura Nickel Corporation Limited

Bindura Nickel Corporation Limited operates in the Basic Materials sector, specifically, the Mining industry.

Factsheet of Bindura Nickel Corporation Limited
Sector:
Basic Materials
Industry:
Mining
Address:
Trojan Mine Road, PO Box 35, Bindura, Zimbabwe
Telephone:
Email:
Website:

BIND Industrial Market Competitors

Bindura Nickel Corporation Limited, issuers of the BIND stock on the Zimbabwe Stock Exchange, have one market competitor who is also engaged in the Basic Materials sector and/or Mining industry. The table below presents an overview of their market standing.

CodeNameM. Cap.CloseYTD
RIOZRioZim Limited3.42B28.0328+87.5%

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

Comments (4)

  1. Shirley LabuschagneShirley Labuschagne
    Sep 3, 2021 11:46 GMT

    What are the possibilities of a dividend being declared year 2020 - 2021

  2. John reillyJohn reilly
    Jun 17, 2019 17:52 GMT

    Can anyone tell me why the Bindura Nickel share price has risen so sharply in th3 last month and particularly the last week. Thank you....

    1. GGGG
      Mar 16, 2021 08:20 GMT

      Price of nickel was on an upward trend but it recently dropped slightly

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