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.

NOTE: Shares of Bindura Nickel Corporation Limited have been delisted from the Zimbabwe Stock Exchange (ZSE) since close of trading on Wednesday, December 15, 2021. Bindura Nickel was traded on the ZSE under the ticker symbol “BIND”. Bindura Nickel Corporation Limited had a market capitalization of ZWL 7.5 billion.

BIND5.9794 ▪ 0.00
7 months ago
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume0
Number of Deals0
Gross Turnover0.00
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding1.25B
Market Capitalization7.5B
Monetary values are quoted in Zimbabwe Dollar (ZWL) unless otherwise stated

BIND Stock Market Performance

1WK4WK3MO
-5.27%+19.2%+32.9%
6MO1YRYTD
+17.2%+97.8%+59.1%

The current share price of Bindura Nickel Corporation Limited (BIND) is ZWL 5.9794. BIND closed its last trading day (Thursday, December 9, 2021) at 5.9794 ZWL per share on the Zimbabwe Stock Exchange (ZSE), recording a 5.3% drop from its previous closing price of 6.3122 ZWL. Bindura Nickel began the year with a share price of 3.7595 ZWL and has since gained 59.1% on that price valuation, ranking it 49th on the ZSE in terms of year-to-date performance. Shareholders can be optimistic about BIND knowing the stock has accrued 19% over the past four-week period—sixth best on ZSE.

Bindura Nickel Corporation is the 16th most traded stock on the Zimbabwe Stock Exchange over the past three months (Sep 17 - Dec 15, 2021). BIND has traded a total volume of 18.4 million shares valued at ZWL 99.6 million over the period, with an average of 291,358 traded shares per session. A volume high of 4.99 million was achieved on December 3rd for the same period. The table below details the last 10 trading days of activity of Bindura Nickel on the Zimbabwe Stock Exchange.

DateVolumeCloseChangeChange%
2021-12-09117,0005.9794-0.3328-5.27%
2021-12-08179,4006.3122+0.0122+0.19%
2021-12-0729,2006.30+0.2894+4.81%
2021-12-0619,0006.0106+0.1682+2.88%
2021-12-034,985,3455.8424-0.0176-0.30%
2021-12-0217,8005.86+0.3108+5.60%
2021-12-01182,3005.5492+0.0642+1.17%
2021-11-3023,4005.4850+0.0091+0.17%
2021-11-296,1005.4759+0.2763+5.31%
2021-11-2696,8005.1996

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 Limited11.4B93.5238+134%

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 (5)

  1. AllnAlln
    Jul 12, 2022 17:31 GMT

    I would like to ask... Let's say you bought the shares back in December 2021... Then BIND.ZW transfer to VFX stock exchange,.

    How do you know the value of your portfolio now

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

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

  3. 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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