Merafe Resources Limited specializes in exploring and operating mines. Net sales break down by activity as follows: - production and sale of ferrochromium (87.1%): to the iron and steel industry. Net sales break down by geographic region between Africa and Middle East (2.9%), Asia (70.7%), Europe (19.3%) and America (7%); - production and sale of chromium ore (12.8%). Net sales break down by geographical area between South Africa (6.6%) and Asia-Australia- Mexico-Europe (93.4%); - other (0.1%). At the end of 2021, the group operated 11 mines located in South Africa.

Employees

7,375

Sector

Iron & Steel

Calendar

08-10 - Earnings release - Q2 2026

More about the company

Quotes

Date	Price	Change	Volume
26-06-30	ZAR 1.320	+3.13%	363,039
26-06-29	ZAR 1.280	-0.78%	214,877
26-06-26	ZAR 1.290	+0.78%	262,330
26-06-25	ZAR 1.280	-.--%	200,903
26-06-24	ZAR 1.280	-2.29%	96,662

End-of-day quote Johannesburg S.E.

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Income Statement and Estimates

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Net sales - Rate of surprise

Company calendar

End-of-day quote Johannesburg S.E. Other stock markets 2026-06-30			5-day change	1st Jan Change
1.320 ^ZAR	+3.13%		+0.76%	+21.10%

06-01	Glencore's South African smelter cancels planned job cuts after electricity deal	RE
06-01	Merafe withdraws section 189 consultation process	RE

Market Cap	3.3B 201M 177M 163M 152M 286M 19.14B 292M 1.96B 758M 9.4B 756M 740M 32.7B	P/E 2026 *	-	P/E 2027 *	-
Enterprise Value	3.3B 201M 177M 163M 152M 286M 19.14B 292M 1.96B 758M 9.4B 756M 740M 32.7B	EV / Sales 2026 *	0.47x	EV / Sales 2027 *	0.32x
Free-Float	49.16%	Yield 2026 *	15.2%	Yield 2027 *	8.33%

06-01	Glencore's South African smelter cancels planned job cuts after electricity deal	RE
06-01	Merafe withdraws section 189 consultation process	RE
05-29	S.Africa's Eskom says regulator approves discounted power tariff for ferrochrome smelters	RE
05-13	Merafe Resources Limited Announces Changes to the Board of Directors and Audit and Risk Committee	CI
05-12	Merafe Resources Limited Announces Changes to the Board of Directors and Audit and Risk Committee	CI
04-28	Merafe Resources says Q1 attributable ferrochrome production from Glencore Merafe Chrome Venture 3kt	RE
04-10	Merafe Resources says Glencore-Merafe chrome venture board provisionally accepts revised Eskom electricity tariff terms	RE
04-10	South Africa's Eskom seeks regulatory approval for discounted ferrochrome tariff	RE
04-10	South Africa's Eskom concludes 62c/kWh power tariff for Samancor Chrome, Glencore-Merafe smelters	RE
04-07	Merafe says Glencore-Merafe chrome venture extends termination date to 9 April	RE
03-31	Merafe Resources says Glencore-Merafe Chrome Venture extends termination date to 7 April 2026	RE
03-16	Merafe Resources Limited, 2025 Earnings Call, Mar 09, 2026
03-11	Merafe Resources Limited Announces Resignation of David McGluwa as Non-Executive Director and Change to Social, Ethics and Transformation Committee	CI

06-01	Merafe Resources : Approval of a proposed electricity tariff solution and withdrawal of Section 189 consultation process	PU
04-28	Merafe Resources : Production Report For The Quarter Ended 31 March 2026	PU
04-07	Merafe Resources : Integrated Annual Report 2025	PU
04-07	Merafe Resources : 2025 Proxy Form	PU
03-09	Merafe Resources : Annual Results presentation for the year ended 31 December 2025 (Download full presentation)	PU

Merafe Resources Limited Stock

Stocks

MRF

ZAE000060000

Iron & Steel

Valuation: Merafe Resources Limited

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Quotes and Performance

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Managers and Directors: Merafe Resources Limited

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Financials

Company Profile

Quotes

Income Statement and Estimates

Net sales - Rate of surprise

1 day	+3.13%
1 week	+0.76%
1 month	+5.60%
3 months	+18.92%
6 months	+21.10%
Current year	+21.10%

1 week	1.23	1.32
1 month	1.22	1.35
Current year	1.04	1.35
1 year	0.94	1.36
3 years	0.94	1.61
5 years	0.61	1.96
10 years	0.24	2.01

Manager	Title	Age	Since
Zanele Matlala CEO	Chief Executive Officer	62	2012-05-31
Ditabe Chocho DFI	Director of Finance/CFO	55	2013-01-01
William R. Somerville SEC	Corporate Secretary	69	2014-09-30

Director	Title	Age	Since
Steve Phiri BRD	Director/Board Member	68	2010-02-28
Zanele Matlala BRD	Director/Board Member	62	2005-03-31
Ditabe Chocho BRD	Director/Board Member	55	2013-05-09

Date	Insider	Type	Main position	Quantity	% Market Cap.
25-04-02	Ditabe Chocho	Free	Chief Financial Officer	1,915,921	0.0767%
25-04-02	Zanele Matlala	Free	Chief Executive Officer	3,777,009	0.1511%
24-04-01	Zanele Matlala	Fiscal year	Chief Executive Officer	2,732,014	0.1093%

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
MERAFE RESOURCES LIMITED	+3.13%	+0.76%	+0.76%	+17.86%	201M
NUCOR CORPORATION	-2.22%	-9.25%	+62.75%	+31.79%	50.73B
ARCELORMITTAL	-1.25%	-4.02%	+97.42%	+107.29%	45.83B
STEEL DYNAMICS, INC.	-3.62%	-8.16%	+70.35%	+100.14%	33.09B
CARPENTER TECHNOLOGY CORPORATION	-1.47%	+4.56%	+123.52%	+979.08%	30.65B
TATA STEEL LIMITED	-1.59%	-4.39%	+15.90%	+65.31%	24.84B
NIPPON STEEL CORPORATION	-0.95%	-3.63%	-2.85%	-11.62%	17.24B
POSCO HOLDINGS INC.	-0.63%	-2.17%	+20.69%	-18.81%	15.4B
LLOYDS METALS AND ENERGY LIMITED	-0.20%	+2.26%	+13.61%	+356.70%	10.78B
SSAB AB	-1.14%	-4.08%	+58.13%	+14.84%	9.22B
Average	-0.99%	-2.08%	+46.03%	+164.26%	23.8B
Weighted average by Cap.	-1.73%	-3.41%	+63.49%	+188.96%

	2026 *	2027 *
Net sales	7.09B 433M 380M 350M 326M 615M 41.16B 627M 4.21B 1.63B 20.2B 1.63B 1.59B 70.32B	10.45B 638M 560M 515M 480M 905M 60.61B 924M 6.2B 2.4B 29.75B 2.39B 2.34B 104B
Net income	-	-
Net Debt	-	-