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

08-11 Earnings release - Q2 2026

More about the company

Quotes

Date	Price	Change	Volume
03/08/26	ZAR 1.300	-2.26%	408,451
31/07/26	ZAR 1.330	-0.75%	63,912
30/07/26	ZAR 1.340	+0.75%	178,913
29/07/26	ZAR 1.330	+3.10%	592,804
28/07/26	ZAR 1.290	-0.77%	825,532

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 03/08/2026			5-day change	1st Jan Change
1.300 ^ZAR	-2.26%		0.00%	+19.27%

07-27	Merafe Resources Limited Announces Production Results for the Six Months Ended 30 June 2026	CI
07-27	Merafe Resources Limited Provides Earnings Guidance for the Six Months Ended 30 June 2026	CI

Market Cap	3.25B 198M 172M 160M 147M 279M 18.85B 282M 1.89B 739M 9.42B 744M 728M 31.21B	P/E 2026 *	-	P/E 2027 *	-
Enterprise Value	3.25B 198M 172M 160M 147M 279M 18.85B 282M 1.89B 739M 9.42B 744M 728M 31.21B	EV / Sales 2026 *	0.48x	EV / Sales 2027 *	0.33x
Free-Float	49.16%	Yield 2026 *	16.9%	Yield 2027 *	4.62%

07-27	Merafe Resources Limited Announces Production Results for the Six Months Ended 30 June 2026	CI
07-27	Merafe Resources Limited Provides Earnings Guidance for the Six Months Ended 30 June 2026	CI
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

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

Chart: Merafe Resources Limited

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Quotes and Performance

Course Extremes

Managers and Directors: Merafe Resources Limited

Latest insider transactions

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Financials

Company Profile

Quotes

Income Statement and Estimates

Net sales - Rate of surprise

1 day	-2.26%
Current month	-2.26%
1 month	+1.56%
3 months	+13.04%
6 months	+11.11%
Current year	+19.27%

1 week	1.27	1.35
1 month	1.22	1.35
Current year	1.04	1.35
1 year	0.94	1.35
3 years	0.94	1.61
5 years	0.84	1.96
10 years	0.24	2.01

Manager	Title	Age	Since
Zanele Matlala CEO	Chief Executive Officer	62	01/06/2012
Ditabe Chocho DFI	Director of Finance/CFO	55	02/01/2013
William R. Somerville SEC	Corporate Secretary	69	01/10/2014

Director	Title	Age	Since
Zanele Matlala BRD	Director/Board Member	62	01/04/2005
Ditabe Chocho BRD	Director/Board Member	55	10/05/2013
Jeffery Mclaughlan BRD	Director/Board Member	67	01/05/2019

Date	Insider	Type	Main position	Quantity	% Market Cap.
4/3/25 A	Ditabe Chocho	Free	Chief Financial Officer	1,915,921	0.0767%
4/3/25 A	Zanele Matlala	Free	Chief Executive Officer	3,777,009	0.1511%
4/2/24 A	Ditabe Chocho	Fiscal year	Chief Financial Officer	1,385,838	0.0555%

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	-2.26%	0.00%	+8.33%	+10.17%	196M
NUCOR CORPORATION	+4.41%	+2.45%	+98.66%	+62.21%	59.5B
ARCELORMITTAL	+4.24%	+9.11%	+143.35%	+155.97%	53.64B
STEEL DYNAMICS, INC.	+2.41%	+1.85%	+117.99%	+154.89%	37.03B
CARPENTER TECHNOLOGY CORPORATION	+5.92%	+2.36%	+126.73%	+888.20%	27B
TATA STEEL LIMITED	+0.58%	+3.26%	+24.31%	+60.78%	24.77B
NIPPON STEEL CORPORATION	-0.15%	+1.43%	+10.13%	-0.25%	21.57B
POSCO HOLDINGS INC.	+3.13%	-0.95%	+7.75%	-47.13%	16.03B
LLOYDS METALS AND ENERGY LIMITED	-0.07%	+1.82%	+41.94%	+223.29%	12.12B
SSAB AB	+2.79%	+2.69%	+89.21%	+62.08%	10.63B
Average	+2.11%	+2.71%	+66.84%	+157.02%	26.25B
Weighted average by Cap.	+3.17%	+3.43%	+90.50%	+174.87%

	2026 *	2027 *
Net sales	6.8B 414M 360M 336M 308M 583M 39.42B 589M 3.96B 1.55B 19.71B 1.56B 1.52B 65.3B	9.93B 606M 526M 490M 450M 852M 57.6B 861M 5.78B 2.26B 28.79B 2.27B 2.22B 95.41B
Net income	-	-
Net Debt	-	-