Our opinion on the current state of MERAFE(MRF)This is a ferrochrome operation controlled by Glencore, which operates mines, furnaces, and smelters in Mpumalanga and Limpopo. The Glencore-Merafe joint venture can produce up to 2,3 million tons of ferrochrome per annum. Merafe gets 20,5% of the proceeds, and the balance goes to Glencore.
The pr
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0 ZAR
667.21 M ZAR
8.44 B ZAR
1.23 B
About MERAFE RESOURCES LTD
Sector
Industry
CEO
Zanele Joyce Matlala
Website
Headquarters
Bryanston
Founded
1987
ISIN
ZAE000060000
FIGI
BBG000BR4191
Merafe Resources Ltd. engages in the business of mining and beneficiation of chrome ore into ferrochrome and extraction of associated minerals. The company was founded by Terence Michael McConnachie on July 24, 1987 and is headquartered in Bryanston, South Africa.
Merafe really took a HUGE dunk! And more to come to 93 centsMErafe dropped 18% yesterday.
Big unexpected move due to an array of events~
First we had Trump pulling funds from SA.
Second with the major expropriation bill that is leading to Foreign direct investments to leave SA.
Merafe Resources has announced that it may start suspending some of its fer
Our opinion on the current state of MERAFE(MRF)This is a ferrochrome operation controlled by Glencore, which operates mines, furnaces, and smelters in Mpumalanga and Limpopo. The Glencore-Merafe joint venture can produce up to 2.3 million tons of ferrochrome per annum. Merafe gets 20.5% of the proceeds, and the balance goes to Glencore.
The pro
Our opinion on the current state of MERAFE(MRF)This ferrochrome operation is controlled by Glencore and operates mines, furnaces, and smelters in Mpumalanga and Limpopo. The Glencore-Merafe joint venture has the capacity to produce up to 2.3 million tons of ferrochrome annually. Merafe receives 20.5% of the proceeds, with the balance going to Gl
Our opinion on the current state of MERAFE(MRF)This is a ferrochrome operation controlled by Glencore which operates mines, furnaces, and smelters in Mpumalanga and Limpopo. The Glencore-Merafe joint venture can produce up to 2.3 million tons of ferrochrome per annum. Merafe gets 20.5% of the proceeds, and the balance goes to Glencore.
The prob
Our opinion on the current state of MERAFE(MRF)This is a ferrochrome operation controlled by Glencore, which operates mines, furnaces, and smelters in Mpumalanga and Limpopo. The Glencore-Merafe joint venture can produce up to 2.3 million tons of ferrochrome per annum. Merafe gets 20.5% of the proceeds, and the balance goes to Glencore.
The pr
Merafe set for strong upside with gap to close R1.55Rounding Bottom is forming on Merafe since the gap down,
Markets have a strong chance of prices to close gaps.
So we just need to wait for the breakout and then the price will most likely to reach R1.55.
The analysis is from the last time we mentioned MRF and not much has changed except further
Our opinion on the current state of MERAFE(MRF)The Glencore-Merafe joint venture, a significant player in the ferrochrome industry, operates mines, furnaces, and smelters predominantly in Mpumalanga and Limpopo, South Africa. This joint venture is one of the largest ferrochrome producers globally, with the capacity to produce up to 2.3 million t
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An aggregate view of professional's ratings.
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Frequently Asked Questions
The current price of MRF is 114 ZAC — it has decreased by −2.63% in the past 24 hours. Watch MERAFE RESOURCES LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange MERAFE RESOURCES LTD stocks are traded under the ticker MRF.
MRF stock has fallen by −0.89% compared to the previous week, the month change is a −11.90% fall, over the last year MERAFE RESOURCES LTD has showed a −17.39% decrease.
We've gathered analysts' opinions on MERAFE RESOURCES LTD future price: according to them, MRF price has a max estimate of 160.00 ZAC and a min estimate of 160.00 ZAC. Watch MRF chart and read a more detailed MERAFE RESOURCES LTD stock forecast: see what analysts think of MERAFE RESOURCES LTD and suggest that you do with its stocks.
MRF stock is 3.54% volatile and has beta coefficient of 0.64. Track MERAFE RESOURCES LTD stock price on the chart and check out the list of the most volatile stocks — is MERAFE RESOURCES LTD there?
Today MERAFE RESOURCES LTD has the market capitalization of 2.82 B, it has decreased by −6.78% over the last week.
Yes, you can track MERAFE RESOURCES LTD financials in yearly and quarterly reports right on TradingView.
MERAFE RESOURCES LTD is going to release the next earnings report on Aug 12, 2025. Keep track of upcoming events with our Earnings Calendar.
MRF earnings for the last half-year are 0.15 ZAC per share, whereas the estimation was 0.25 ZAC, resulting in a −41.74% surprise. The estimated earnings for the next half-year are 0.12 ZAC per share. See more details about MERAFE RESOURCES LTD earnings.
MERAFE RESOURCES LTD revenue for the last half-year amounts to 3.70 B ZAC, despite the estimated figure of 3.32 B ZAC. In the next half-year revenue is expected to reach 3.62 B ZAC.
MRF net income for the last half-year is −52.38 M ZAR, while the previous report showed 719.59 M ZAR of net income which accounts for −107.28% change. Track more MERAFE RESOURCES LTD financial stats to get the full picture.
MERAFE RESOURCES LTD dividend yield was 20.00% in 2024, and payout ratio reached 104.87%. The year before the numbers were 32.31% and 59.88% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MERAFE RESOURCES LTD EBITDA is 1.70 B ZAR, and current EBITDA margin is 20.85%. See more stats in MERAFE RESOURCES LTD financial statements.
Like other stocks, MRF shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MERAFE RESOURCES LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MERAFE RESOURCES LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MERAFE RESOURCES LTD stock shows the sell signal. See more of MERAFE RESOURCES LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.