African Rainbow Minerals Limited (JSE:ARI)
South Africa · Delayed Price · Currency is ZAR · Price in ZAc | Market Cap | 29.12B -28.5% |
| Revenue (ttm) | 15.25B +30.8% |
| Net Income | 4.00B +1,111.5% |
| EPS | 20.61 +1,126.8% |
| Shares Out | 192.81M |
| PE Ratio | 7.33 |
| Forward PE | 6.84 |
| Dividend | 12.00 (7.94%) |
| Ex-Dividend Date | Oct 7, 2026 |
| Volume | 346,203 |
| Open | 15,000 |
| Previous Close | 15,070 |
| Day's Range | 14,864 - 15,180 |
| 52-Week Range | 14,326 - 27,668 |
| Beta | 0.63 |
| Analysts | Buy |
| Price Target | 21,360.00 (+41.41%) |
| Est. Earnings | Dec 4, 2026 |
About African Rainbow Minerals
African Rainbow Minerals Limited, through its subsidiaries, operates as a diversified mining and minerals company in South Africa, Malaysia, and Switzerland. It explores for platinum group metals, nickel, coal, iron ore, manganese ore, and chrome, as well as gold deposits. African Rainbow Minerals Limited was incorporated in 1933 and is based in Sandton, South Africa. [Read more]
Financial Performance
In fiscal year 2026, African Rainbow Minerals's revenue was 15.25 billion, an increase of 30.76% compared to the previous year's 11.66 billion. Earnings were 4.00 billion, an increase of 1111.52%.
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for ARI stock is "Buy." The 12-month stock price target is ZAC 21,360, which is an increase of 41.41% from the latest price.
News
African Rainbow Minerals Ltd's Dividend Analysis
African Rainbow Minerals Ltd's Dividend Analysis
African Rainbow Minerals Earnings Call Transcript: H2 2026
Headline earnings rose 19% to ZAR 3.2 billion, driven by strong PGM performance, while net cash increased 54% to ZAR 10.2 billion. Major investments in Bokoni and Nkomati are underway, with capital intensity expected to remain high in iron ore. Dividends remain robust.
African Rainbow Minerals Annual report: H2 2026
African Rainbow Minerals has published its H2 2026 annual report on September 4, 2026.
African Rainbow Minerals Slides: H2 2026
African Rainbow Minerals has posted slides in relation to its H2 2026 quarterly earnings report, which was published on September 4, 2026.
African Rainbow Minerals Transcript: Investor update
Bokoni and Nkomati projects are set to drive long-term value, with Bokoni offering high-grade, scalable PGM production and Nkomati providing a capital-efficient nickel restart. Both projects leverage existing infrastructure, conservative technical assumptions, and robust risk management, with disciplined capital allocation and funding strategies supporting execution.
African Rainbow Minerals Slides: Investor update
African Rainbow Minerals has posted slides in relation to its latest quarterly earnings report, which was published on July 31, 2026.
African Rainbow Minerals Limited to Acquire Shares of Surge Copper Corp.
TORONTO, March 31, 2026 (GLOBE NEWSWIRE) -- African Rainbow Minerals Limited (JSE: ARI) (A2X: ARI) (“ARM”) announces that it has signed a subscription agreement (the “Subscription Agreement”) pursuant...
African Rainbow Minerals Earnings Call Transcript: H1 2026
Domestic coal and iron ore sales declined, with revised lower guidance for coal due to Eskom demand, while export markets and chrome production at Nkomati offset some weakness. Major projects like Two Rivers Merensky and Nkomati are under review, with strong cash reserves supporting future growth and dividends.
African Rainbow Minerals Quarterly report: H1 2026
African Rainbow Minerals has published its H1 2026 quarterly earnings report on March 6, 2026.
African Rainbow Minerals Slides: H1 2026
African Rainbow Minerals has posted slides in relation to its H1 2026 quarterly earnings report, which was published on March 6, 2026.
African Rainbow Minerals Earnings Call Transcript: H1 2026
Earnings improved year-on-year, supported by a diversified portfolio and higher PGM prices, despite lower manganese prices and operational challenges. Dividend of ZAR 5 per share declared, with a positive outlook as commodity prices recover and cost control measures take effect.
African Rainbow Minerals Quarterly report: H1 2026
African Rainbow Minerals has published its H1 2026 quarterly earnings report on March 6, 2026.
African Rainbow Minerals Slides: H1 2026
African Rainbow Minerals has posted slides in relation to its H1 2026 quarterly earnings report, which was published on March 6, 2026.
African Rainbow Minerals Transcript: Fireside chat
The discussion highlighted a strategic pivot to solvent extraction, resulting in higher margins and expanded product offerings. Strong industry trends, proprietary IP, and global offtake interest position the company for robust growth, with key project milestones expected next year.
African Rainbow Minerals Limited Acquires Shares of Surge Copper Corp.
TORONTO, June 03, 2024 (GLOBE NEWSWIRE) -- African Rainbow Minerals Limited (JSE: ARI) (A2X: ARI) (“ARM”) announces that it has purchased 41,373,414 common shares (“Surge Shares”) in the capital of Su...
Surge Copper announces C$3.8M investment by African Rainbow
Surge Copper (SRGXF) announces that it has entered into a subscription agreement for a private placement financing with a new cornerstone strategic investor, African Rainbow Minerals Limited (AFBOF). ...