Exxaro Resources Ltd. Stock Price Plummets by 3.73% on Friday, March 7th, Capping Off a Difficult Month with a 15.11% Loss and a 17.04% Yearly Decrease, With Analysts Forecasting a Further Fall to 15,019.49 by the End of Q1 and 14,786.40 by the End of 2024
According to various stock market sources, Exxaro Resources Ltd. (XSJ) closed the trading session on Friday, March 7th, at a price of 15,098.00, down 585.00 or 3.73% from the previous day’s close. This marks the latest setback for the diversified resources company, which has been facing a challenging period in recent weeks.
Time: 1741527441
Company: Exxaro Resources | EXX in South Africa
Stock Price in Rands (ZAR): 15,098.00
Daily Change: -585.00 (-3.73%)
Monthly Change: -15.11%
Yearly Change: -17.04%
Quarterly Forecast: 15,019.49
Trends and Insights
Exxaro Resources Ltd Suffers Losses in Latest Trading Session
Exxaro Resources Ltd ended the current trading session at 15,098.00 on Friday, March 7th, registering a decline of 3.73 percent, or 585.00, compared to the previous trading session. This marks the latest in a series of losses for the company, which has seen significant price fluctuations over the past few weeks.
Over the past four weeks, Exxaro Resources has lost 15.11 percent, while its price has fallen 17.04 percent over the past 12 months. Analysts have attempted to predict the company’s future performance, projecting that it will be priced at 15,019.49 by the end of the current quarter, and 14,786.40 in one year, based on global macro models and expert expectations.
Company Profile
Exxaro Resources Limited is a diversified resources company with a presence in South Africa, Europe, the Republic of the Congo, and the United States. The company’s operations are structured into several segments, including Coal, Ferrous, Titanium dioxide (TiO2) and Alkali chemicals, and Other. The Coal segment is comprised of coal commercial operations and coal tied operations, primarily located in the Waterberg and Mpumalanga regions. The Ferrous segment includes the Mayoko iron ore project in the Republic of Congo, as well as interests in Sishen Iron Ore Company Proprietary Limited (SIOC) and FerroAlloys and Alloystream operations. The TiO2 and Alkali chemicals segment is comprised of the company’s interests in Tronox Limited, Tronox KZN Sands Proprietary Limited, Tronox Mineral Sands Proprietary Limited, and Tronox Sands Limited Liability Partnership. The Other segment includes interests in Cennergi Proprietary Limited, Black Mountain Proprietary Limited, and Chifeng Kumba Hongye Corporation Limited.
