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1 Comment
Merafe Resources Limited is currently in a long term uptrend where the price is trading 20.4% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.3.
Merafe Resources Limited's total revenue sank by 0.0% to $1B since the same quarter in the previous year.
Its net income has dropped by 0.0% to $-764M since the same quarter in the previous year.
Finally, its free cash flow fell by 40.9% to $45M since the same quarter in the previous year.
Based on the above factors, Merafe Resources Limited gets an overall score of 2/5.
| Industry | Other Industrial Metals & Mining |
|---|---|
| Sector | Basic Materials |
| ISIN | ZAE000060000 |
| CurrencyCode | EUR |
| Exchange | F |
| Dividend Yield | 17.% |
|---|---|
| Market Cap | 134M |
| Target Price | None |
| Beta | 0.51 |
| PE Ratio | 1.78 |
Merafe Resources Limited, together with its subsidiaries, engages in the mining and beneficiation of chrome ore into ferrochrome. The company operates five ferrochrome smelters, twenty-two ferrochrome furnaces, six chrome ore mines, and five UG2 plants. It primarily serves stainless steel mills in Africa, the Middle East, the United States, Brazil, Mexico, China, India, Indonesia, Japan, South Korea, Taiwan, Australia, Germany, Italy, Spain, France, and Belgium. The company was incorporated in 1987 and is based in Bryanston, South Africa.
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