African Rainbow Minerals Ltd | ARI

African Rainbow Minerals Ltd traded at 24,322.00 this Friday March 24th, decreasing 178.00 or 0.73 percent since the previous trading session. Looking back, over the last four weeks, African Rainbow Minerals Ltd lost 6.16 percent. Over the last 12 months, its price fell by 19.37 percent. Looking ahead, we forecast African Rainbow Minerals Ltd to be priced at 22,517.74 by the end of this quarter and at 20,348.61 in one year, according to Trading Economics global macro models projections and analysts expectations.

Stock Price
24,322.00
Daily Change
-0.73%
Yearly
-19.37%

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African Rainbow Minerals Ltd
African Rainbow Minerals Limited is a South Africa-based mining company. The Company and its subsidiaries explore, develop, operate and hold interests in the mining and minerals industry. Its segments include ARM Platinum, which includes platinum and nickel; ARM Ferrous; ARM Coal and ARM Corporate. The ARM Platinum segment comprises three operating mines: Modikwa, Two Rivers and Nkomati. The ARM Ferrous segment includes the iron ore division and manganese division. The iron ore division is made up of the Beeshoek and Khumani mines, both located in the Northern Cape, approximately 200 kilometers (km) west of Kimberley. The manganese division is situated in the Northern Cape province of South Africa, approximately 80 km northwest of the town of Kuruman. ARM Coal segment holds access to Glencore Operations South Africa’s interest and entitlement in the Richards Bay Coal Terminal (RBCT). It is also focused on Bokoni Platinum Mine, which is located in the Limpopo province of South Africa.