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Merafe Resources Ltd.  –  JSE:MRF  
     
Prices at least 15 minutes delayed. Source: JSE Ltd.
 
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JSE Overall 90 720 0.19%
Indust Metals & Mini 24 576 -0.64%
 
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10 Day Trading Range
1.10 1.19
Peer Comparison
BHP (BHG)451.34 (-1.36%)
GLENCORE (GLN)66.93 (0.04%)
ANGLO (AGL)534.05 (-0.45%)
SOUTH32 (S32)32.41 (0.34%)
ARM (ARI)154.84 (-3.23%)
MERAFE (MRF)1.12 (-2.61%)
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Institutional Support for MRF
Dec 2024 quarter -10.87%
Sep 2024 quarter -27.46%
Unit Trust Holdings
Sector: Industrial Metals and Mining
 
MRF  Latest Market Data
Close Fri 25 Apr1.12   P/E Ratio2.61
Open Fri 25 Apr1.15   EPS - TTM 42.90
Best Bid   DPS - TTM Dividend (cps) 8 28
Best Offer   Dividend Yield 25.00
Volume Fri 25 Apr 7 071 512   Market Cap 2.80bn
Range Fri 25 Apr1.10–1.15   Shares In Issue 2.50bn
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Latest SENS Latest News
Latest Results for MRF
12 months ended Dec 2024 (published Mar 2025) Final
(ZAR million)%chgDec 24 Dec 23
Turnover-8.7% 8 443.5 9 244.0
Attributable Income-61.9% 667.2 1 753.0
Market Cap (ZARm)7.7% 3 498.8 3 248.9
EPS (ZARc)-61.9% 26.70 70.10
HEPS (Cont Ops)(ZARc)-28.6% 42.90 60.10
DPS (ZARc)-33.3% 28.00 42.00
View Comment Detailed financials
 
Nature of Business
Merafe is listed on the Johannesburg Stock Exchange (JSE) and A2X in the General Mining sector under the share code MRF. Merafe's business is the 20.5% participation through its wholly-owned subsidiary, Merafe Ferrochrome, in the earnings before interest, tax, depreciation and amortisation (EBITDA) of the Venture in which Glencore Operations South Africa (Pty) Ltd. (Glencore) has a 79.5% participation. The group's major shareholders are Glencore (Netherlands) B.V. (Glencore BV)and the Industrial Development Corporation of South Africa (IDC). Merafe and Glencore formed the Venture in July 2004 when they pooled their chrome operations to create the largest ferrochrome producer in the world.
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