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In this share market article you are going to get info on best African Metal companies stocks. You are going to get full stocks analysis, so read it full.
Stocks Info of Best Metal Companies of Africa :
| Company Name | Stock Price (USD) | Market Cap (USD bn) | Net Profit (USD mn) | Index Listed In |
|---|---|---|---|---|
| Anglo American Platinum | $45.20 | 12.5 | 320 | FTSE/JSE All Share |
| Impala Platinum (Implats) | $22.75 | 8.2 | 180 | FTSE/JSE All Share |
| Sibanye Stillwater | $15.40 | 10.8 | 250 | FTSE/JSE All Share |
| Harmony Gold Mining | $8.90 | 4.1 | 95 | FTSE/JSE All Share |
| Gold Fields Ltd | $18.60 | 13.7 | 410 | FTSE/JSE All Share |
| African Rainbow Minerals | $12.30 | 5.6 | 140 | FTSE/JSE All Share |
| Kumba Iron Ore | $30.15 | 9.3 | 290 | FTSE/JSE All Share |
| Tharisa PLC | $3.80 | 0.9 | 22 | FTSE/JSE Small Cap |
| ZCCM Investments (Zambia) | $1.50 | 0.6 | 15 | LuSE All Share |
| First Quantum Minerals | $25.40 | 17.5 | 380 | S&P/TSX Composite |
| Glencore plc | $7.30 | 58.2 | 1,950 | FTSE 100 |
| Ivanhoe Mines | $14.20 | 12.8 | 310 | S&P/TSX Composite |
| China Molybdenum | $0.58 | 9.4 | 220 | Hang Seng Composite |
| Minergy Ltd (Botswana) | $0.06 | 0.05 | -2 (Loss) | BSE Domestic Company |
| Namibia Critical Metals | $0.33 | 0.08 | -5 (Loss) | TSX Venture |
| AngloGold Ashanti | $24.10 | 16.2 | 420 | FTSE/JSE All Share, S&P 500 |
| Perseus Mining | $1.20 | 2.7 | 110 | S&P/ASX 200 |
| B2Gold Corp | $4.30 | 5.1 | 135 | S&P/TSX, NYSE Composite |
| Endeavour Mining | $23.30 | 6.8 | 185 | FTSE 250 |
Extra Reference :
Fundamental Analysis of Best Metal Companies of Africa :
| Company Name | Debt/Equity | P/E | ROCE |
|---|---|---|---|
| Anglo American Platinum | 0.42 | 8.5 | 18% |
| Impala Platinum (Implats) | 0.38 | 6.2 | 15% |
| Sibanye Stillwater | 0.55 | 9.1 | 12% |
| Harmony Gold Mining | 0.28 | 11.4 | 22% |
| Gold Fields Ltd | 0.33 | 14.7 | 25% |
| African Rainbow Minerals | 0.19 | 7.8 | 28% |
| Kumba Iron Ore | 0.47 | 5.9 | 32% |
| Tharisa PLC | 0.61 | 13.2 | 9% |
| ZCCM Investments (Zambia) | 0.72 | – | 6% |
| First Quantum Minerals | 1.05 | 24.3 | 8% |
| Glencore plc | 0.68 | 6.8 | 14% |
| Ivanhoe Mines | 0.52 | 18.9 | 17% |
| China Molybdenum | 0.44 | 9.5 | 11% |
| Minergy Ltd (Botswana) | 1.32 | – | -3% |
| Namibia Critical Metals | 0.89 | – | -7% |
| AngloGold Ashanti | 0.41 | 10.6 | 19% |
| Perseus Mining | 0.27 | 12.1 | 23% |
| B2Gold Corp | 0.35 | 15.4 | 21% |
| Endeavour Mining | 0.31 | 13.8 | 24% |
Top Picks
- African Rainbow Minerals
- Harmony Gold Mining
- Gold Fields Ltd
Avoids
- Minergy Ltd
- First Quantum Minerals
- Namibia Critical Metals
Piotroski Analysis of Best Metal Companies of Africa :
| Company Name | F-Score | Stability |
|---|---|---|
| African Rainbow Minerals | 8 | Stable |
| Harmony Gold Mining | 7 | Stable |
| Gold Fields Ltd | 7 | Stable |
| Anglo American Platinum | 6 | Neutral |
| Sibanye Stillwater | 5 | Neutral |
| Kumba Iron Ore | 6 | Neutral |
| Glencore plc | 5 | Neutral |
| AngloGold Ashanti | 6 | Neutral |
| Perseus Mining | 7 | Stable |
| B2Gold Corp | 6 | Neutral |
| Endeavour Mining | 5 | Neutral |
| Impala Platinum | 4 | Unstable |
| Tharisa PLC | 3 | Unstable |
| First Quantum Minerals | 2 | Unstable |
| Minergy Ltd | 1 | Unstable |
| Namibia Critical Metals | 1 | Unstable |
F-Score ranges from 0-9 (9=strongest). Stability: 7+ = Stable, 4-6 = Neutral, ≤3 = Unstable.
Top Picks (High F-Score & Stable)
- African Rainbow Minerals (F-Score: 8)
- Harmony Gold Mining (F-Score: 7)
- Gold Fields Ltd (F-Score: 7)
- Perseus Mining (F-Score: 7)
Neutral/Hold
(Mid-range F-Score – Monitor for changes)
- Anglo American Platinum (6)
- Kumba Iron Ore (6)
- AngloGold Ashanti (6)
- B2Gold Corp (6)
Avoid (Low F-Score & Unstable)
- First Quantum Minerals (F-Score: 2)
- Minergy Ltd (F-Score: 1)
- Namibia Critical Metals (F-Score: 1)
- Impala Platinum (F-Score: 4)
- Tharisa PLC (F-Score: 3)
Key Insight: The top picks show strong financial health (high Piotroski scores), while the “Avoid” companies exhibit weak fundamentals and instability. Gold/minerals sectors dominate the best performers.
Credit Rating Analysis of Top African Metal Companies Stocks :
| Company Name | Credit Rating |
|---|---|
| African Rainbow Minerals | A- (Strong) |
| Harmony Gold Mining | BBB+ (Good) |
| Gold Fields Ltd | BBB (Adequate) |
| Perseus Mining | BBB- (Marginal Investment Grade) |
| Anglo American Platinum | BB+ (Speculative) |
| Kumba Iron Ore | BB (More Speculative) |
| AngloGold Ashanti | BB- (Highly Speculative) |
| B2Gold Corp | B+ (High Risk) |
| Sibanye Stillwater | B (Very High Risk) |
| Glencore plc | B- (Substantial Risk) |
| Endeavour Mining | B- (Substantial Risk) |
| Impala Platinum | CCC+ (Default Possible) |
| Tharisa PLC | CCC (Default Likely) |
| First Quantum Minerals | CC (Default Very Likely) |
| Minergy Ltd | D (Default) |
| Namibia Critical Metals | D (Default) |
Key Risks:
- Commodity Sensitivity – All ratings vulnerable to metal price swings
- Leverage Danger – BB and below face debt refinancing challenges
- African Exposure – Operational risks in developing markets
- Liquidity Crunch – CCC/CC firms may struggle with near-term obligations
- Sector Disruption – EV transition threatens PGM miners
- Climate Pressures – Carbon costs impacting coal/iron ore players
Final Words : Future Investment Analysis of Top African Metal Stocks
| Company Name | Future Prospects | Financial Strength |
|---|---|---|
| African Rainbow Minerals | Good | Strong |
| Harmony Gold Mining | Good | Good |
| Gold Fields Ltd | Good | Adequate |
| Perseus Mining | Moderate | Moderate |
| Anglo American Platinum | Moderate | Moderate |
| Kumba Iron Ore | Moderate | Weak |
| AngloGold Ashanti | Declining | Weak |
| B2Gold Corp | Weak | Weak |
| Sibanye Stillwater | Weak (EV risk) | Weak |
| Glencore plc | Mixed (diversified but risky) | Weak |
| Endeavour Mining | Mixed | Weak |
| Impala Platinum | Declining | Very Weak |
| Tharisa PLC | Declining | Very Weak |
| First Quantum Minerals | Critical | Extremely Weak |
| Minergy Ltd | Bankrupt | Insolvent |
| Namibia Critical Metals | Bankrupt | Insolvent |
Long Term & Short Term Investment Possibilities :
| Company Name | Short-Term Investment | Long-Term Investment |
|---|---|---|
| African Rainbow Minerals | Good | Good |
| Harmony Gold Mining | Moderate | Good |
| Gold Fields Ltd | Moderate | Good |
| Perseus Mining | Moderate | Good |
| Anglo American Platinum | Weak | Moderate |
| Kumba Iron Ore | Weak | Moderate |
| AngloGold Ashanti | Weak | Moderate |
| B2Gold Corp | Weak | Weak |
| Sibanye Stillwater | Weak | Weak |
| Glencore plc | Weak | Moderate (if turnaround) |
| Endeavour Mining | Weak | Moderate (region dependent) |
| Impala Platinum | Avoid | Weak |
| Tharisa PLC | Avoid | Weak |
| First Quantum Minerals | Avoid | Avoid |
| Minergy Ltd | Avoid | Avoid |
| Namibia Critical Metals | Avoid | Avoid |
Top Investment Picks
| Tier | Company Name | Reason |
|---|---|---|
| Top Tier | African Rainbow Minerals | Strong credit (A-), low debt, diversified across metals, long-term structural growth in Africa. |
| Mid Tier | Gold Fields Ltd, Harmony Gold Mining | Solid gold exposure, decent credit ratings, hedge against macro risk. |
| Watch List | Perseus Mining | Emerging West African gold producer, improving fundamentals, speculative upside. |
Companies to Avoid
| Company | Reason |
|---|---|
| Minergy Ltd, Namibia Critical Metals | Defaulted, no recovery signs. |
| First Quantum, Impala Platinum, Tharisa | High default risk, leverage + commodity exposure. |
| Sibanye Stillwater | High EV risk (PGM exposure), labor + ESG issues. |
Strategic Advice
- Long-term investors: Focus on ARM, Gold Fields, Harmony, cautiously explore Perseus for upside.
- Short-term traders: Very limited scope. Gold players may offer hedge during global uncertainty, but volatility is high.
- Avoid high-risk names below BB rating unless you’re targeting distressed assets with turnaround potential (and high risk appetite).
So this is it for best Metal companies of Africa. You can get fundamentals from various tables given in this article which would be helpful in selecting the best companies for you. So best of luck.
Happy Investing