African Rainbow Minerals (AFBOF) Stock Price, News & Analysis

Company Overview

African Rainbow Minerals (OTCMKTS:AFBOF) is a South Africa–based diversified mining and beneficiation company with a portfolio spanning ferrous metals, base metals and precious metals. The company’s principal operations include the exploration, extraction, processing and marketing of iron ore, manganese, chrome, platinum group metals and gold. Through a combination of wholly owned operations and strategic joint ventures, African Rainbow Minerals participates in every stage of the mining value chain, from resource evaluation and mine development to downstream smelting and refining.

The company holds majority interests in several prominent mining assets in South Africa, including iron ore and manganese operations in the Northern Cape and chrome and platinum group metals projects in the Bushveld Complex. African Rainbow Minerals also maintains partnerships to access global markets, exporting bulk commodities to steelmakers and industrial customers worldwide. Its base metals portfolio encompasses copper and nickel projects, adding to the group’s diversification across multiple commodity cycles.

Founded in 1997 by South African entrepreneur Patrice Motsepe, African Rainbow Minerals has grown through both organic expansion and strategic acquisitions. From its early roots as a black economic empowerment initiative, the company has placed strong emphasis on responsible mining practices, community engagement and environmental stewardship. Collaborative programs with local stakeholders aim to foster skills development, infrastructure improvement and sustainable livelihoods in mining regions.

Led by an experienced executive team, African Rainbow Minerals focuses on operational excellence and cost management to navigate the cyclical nature of the mining industry. The company’s governance framework reflects its commitment to transparency, ethical conduct and compliance with South African mining regulations. As it explores new growth opportunities, African Rainbow Minerals continues to leverage its technical expertise and partnerships to enhance shareholder value and support long-term resource security.

Key Stats

• Today's Range: $11.00 to $11.00
• 50-Day Range: $9.47 to $11.00
• 52-Week Range: $7.97 to $11.11
• Volume: N/A
• Average Volume: 629 shs
• Market Capitalization: N/A
• P/E Ratio: 0.73
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

AFBOF Stock Analysis - Frequently Asked Questions

How have AFBOF shares performed this year?

African Rainbow Minerals' stock was trading at $8.15 on January 1st, 2025. Since then, AFBOF stock has increased by 35.0% and is now trading at $11.00.

How do I buy shares of African Rainbow Minerals?

Shares of AFBOF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:AFBOF
• CIK: N/A
• Web: www.arm.co.za
• Phone: 27117791300
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 0.73
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A