EXXARO RESOURCES LTD SEES STOCK PRICE DROP 3.73% IN ONE DAY, MARKING A FURTHER DROP OF 15.11% OVER THE LAST FOUR WEEKS AND 17.04% OVER THE LAST 12 MONTHS, AS COMPANY’S SHARE PRICE TRADED AT 15,098.00 ON MARCH 7TH
According to recent market data, Exxaro Resources Ltd traded at 15,098.00 on this Friday, March 7th, marking a significant drop of 585.00 or 3.73% since the previous trading session. This decline has led to a cumulative loss of 15.11% over the last four weeks, and a staggering 17.04% over the last 12 months. Looking ahead, market analysts and global macro models project that Exxaro Resources Ltd will reach a price of 15,485.97 by the end of this quarter and 15,172.20 in one year.
Time: 1741402396
Company: Exxaro Resources
Stock Price in Rands (ZAR): 15,098.00
Daily Change:
• Change: -585.00
• Percentage: -3.73%
Monthly Change: -15.11%
Yearly Change: -17.04%
Quarterly Forecast: 15,485.97
Trends and Insights
Exxaro Resources Ltd Suffers 3.73% Plunge in Trading Session
In a sudden downturn, Exxaro Resources Ltd closed at 15,098.00 on Friday, March 7th, marking a significant 585.00 point or 3.73% decline from the previous trading session. The decline is the latest in a string of setbacks for the company, which has seen its stock price erode over the past few weeks and months.
Over the past four weeks, Exxaro Resources has slipped 15.11%, while its year-to-date performance paints a similarly dire picture, with a loss of 17.04% in the past 12 months. Analysts and Trading Economics’ global macro models have thus weighed in on the company’s future prospects, forecasting a price of 15,485.97 by the end of the quarter and 15,172.20 in the next 12 months.
Company Profile
Exxaro Resources Limited, a diversified resources company, has an impressive presence across South Africa, Europe, Republic of the Congo, and the United States. The company’s businesses are categorized into four main segments: Coal, Ferrous, Titanium dioxide (TiO2) and Alkali chemicals, and Other. The coal operations are primarily located in the Waterberg and Mpumalanga regions, with a split between commercial and tied operations. The Ferrous segment includes the Mayoko iron ore project in the Republic of Congo and stakes in Sishen Iron Ore Company Proprietary Limited (SIOC), FerroAlloys, and Alloystream operations. The company’s TiO2 and Alkali chemicals segment comprises interests in Tronox Limited, Tronox KZN Sands Proprietary Limited, Tronox Mineral Sands Proprietary Limited, and Tronox Sands Limited Liability Partnership. The Other segment includes stakes in Cennergi Proprietary Limited, Black Mountain Proprietary Limited, and Chifeng Kumba Hongye Corporation Limited.
