African Rainbow Minerals Limited (JSE:ARI)

South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
23,010
-494 (-2.10%)
May 8, 2026, 5:02 PM SAST
Market Cap45.11B +35.2%
Revenue (ttm)13.81B +22.1%
Net Income1.29B -61.2%
EPS6.62 -60.9%
Shares Out196.05M
PE Ratio34.75
Forward PE9.41
Dividend10.50 (4.56%)
Ex-Dividend DateApr 8, 2026
Volume598,783
Average Volume447,578
Open24,045
Previous Close23,504
Day's Range22,861 - 24,045
52-Week Range14,959 - 27,668
Beta0.60
RSI49.15
Earnings DateSep 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, copper, 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]

Sector Materials
Founded 1933
Employees 12,335
Stock Exchange Johannesburg Stock Exchange
Ticker Symbol ARI
Full Company Profile

Financial Performance

In fiscal year 2025, African Rainbow Minerals's revenue was 11.66 billion, an increase of 2.13% compared to the previous year's 11.42 billion. Earnings were 330.00 million, a decrease of -89.51%.

Financial Statements

News

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...

5 weeks ago - GlobeNewsWire

African Rainbow Minerals Earnings Call Transcript: H1 2026

Domestic coal and iron ore sales face headwinds from lower Eskom demand and stockpile clearance, while chrome and PGM operations are ramping up with new projects under review. Strong cash reserves support a flexible capital allocation strategy, with dividends and growth balanced amid commodity price volatility.

2 months ago - Transcripts

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.

2 months ago - Transcripts

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.

5 months ago - Transcripts

African Rainbow Minerals Earnings Call Transcript: H2 2025

Headline earnings dropped 47% to ZAR 2.7 billion due to lower iron ore prices and higher costs at Bokoni, but a strong net cash position of ZAR 6.6 billion was maintained. Strategic asset disposals, cost control, and a ZAR 6 per share dividend supported resilience amid volatile markets.

8 months ago - Transcripts

African Rainbow Minerals Transcript: Fireside chat

Phalaborwa is advancing as a low-cost, high-margin rare earth project, targeting 99.5% purity and commercial production by 2028. Strategic U.S. support and diversification with a Brazil JV position it as a key future supplier for Western technology and defense needs.

1 year ago - Transcripts

African Rainbow Minerals Earnings Call Transcript: H1 2025

Closure and care costs for Beeshoek and Bokoni were detailed, with Cato Ridge Works and Alloys set for full closure. Manganese segment faces higher costs from marketing fees and inventory adjustments, while water supply and legal risks are being managed. Asset sales and financial instruments are under consideration.

1 year ago - Transcripts

African Rainbow Minerals Earnings Call Transcript: H1 2025

Headline earnings fell 49% to ZAR 1.5 billion amid lower commodity prices and logistics challenges, but a strong net cash position enabled a ZAR 4.50 interim dividend. Capital expenditure and guidance were reduced, with a focus on cost control and operational efficiency.

1 year ago - Transcripts

African Rainbow Minerals Earnings Call Transcript: H2 2024

Headline earnings fell 43% year-over-year due to weaker PGM and coal prices, with cost containment and operational efficiency prioritized amid challenging market conditions. Dividends total ZAR 15 per share, and cash buffers are being reassessed as CapEx declines.

1 year ago - Transcripts

African Rainbow Minerals Earnings Call Transcript: H2 2024

Headline earnings dropped 43% to ZAR 5.1 billion amid lower PGM and coal prices, but strong iron ore performance and robust cash reserves supported continued dividends and investment. Major projects like the Two Rivers Merensky are complete, with CapEx set to decrease in FY2025.

1 year ago - Transcripts

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...

2 years ago - GlobeNewsWire