Gold-Stock Cycle As gold price continues to surge and reach new highs, ARM is getting out of a multi-year consolidation as it recently completed a triangle pattern. It is currently unfolding in a new impulse that is yet to be confirmed.
Long
African Rainbow Minerals Limited
No trades
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
7 ZAR
330.00 M ZAR
11.66 B ZAR
82.93 M
About African Rainbow Minerals Limited
Sector
Industry
CEO
Phillip Velile Tobias
Website
Headquarters
Sandton
Founded
1994
IPO date
Jul 1, 1992
Identifiers
2
ISIN ZAE000054045
African Rainbow Minerals Ltd. is a mining and minerals company, which engages in mining and beneficiation of mineral ores; and production of manganese alloys. The firm operates through the following segments: ARM Platinum, ARM Ferrous, ARM Coal, and ARM Corporate. The ARM Platinum segment includes nickel. The ARM Corporate segment is comprised of ARM strategic services, exploration, corporate and other, and gold. The company was founded by Patrice Tlhopane Motsepe in February 1994 and is headquartered in Sandton, South Africa.
Related stocks
Long
Buy opportunity (ARI) TECHNICAL ANALYSIS
Zone of demand/support was created during mid-May 2020 @ R125 to R133
Buy opportunity offered whilst price remains above R125
Stop loss below R125
Various targets:
Short term 6-12 months
Medium term 12-24 months
Long term > 24months
Long
Our opinion on the current state of ARM(ARI)African Rainbow Minerals (ARI) is a diversified mining company controlled by Patrice Motsepe, involved in a variety of mining ventures. Its interests include platinum group metals (PGM), iron ore, manganese, chrome, coal, and copper. It also owns 12.2% of Harmony Gold.
There has been some specula
African Rainbow broken it's medium term downtrend - target R221Cup and Handle formed on African Rainbow for the first time since 15 September.
We are seeing strong signs of buyingbut this is still a Medium probability analysis as the
Price>20 below 200MA
The first target is set to R221.55
Long
$JSEARI-African Rainbow Minerals: A New Road Map if 14662 HoldsSee link below for previous analysis.
Price continued higher to peak at 24476 cps after the previous analysis.
The strong sell-off broke below 15503 thereby invalidating the outlook.
Reason for optimism though is that the key invalidation level of 14662 still holds.
I am now looking at the large c
Long
Our opinion on the current state of ARM(ARI)African Rainbow Minerals (ARI) is a diversified mining company controlled by Patrice Motsepe, engaged in various mining ventures, including platinum group metals (PGM), iron ore, manganese, chrome, coal, and copper. The company also owns a 12.2% stake in Harmony Gold, leading to some speculation abo
$JSEARI - African Rainbow Minerals: The Short-Mid-Term Road MapSee link below for the long-term view.
Looking at price action from 14662:
The advance to 20300 is a leading diagonal for wave 1.
The correction to 15503 is a zig zag for wave 2.
The stock is now in the early stages of wave 3 which can only be a five wave impulse.
Waves {i to v} in green give the
Long
$JSEARI - African Rainbow Minerals: The Big PictureThis is the first time of ARM.
The big picture is one of very volatile swings in price as can be seen by the points and percentage changes in price when the stock is in bear mode.
2005 to 2008 was a great bull market where all one had to do was buy and hold.
2008 to 2016 was a big bear market that
Long
Our opinion on the current state of ARIAfrican Rainbow Minerals (ARI), under the leadership of Patrice Motsepe, stands as a notable diversified mining company in South Africa, with operations spanning across a wide range of minerals including platinum group metals (PGM), iron ore, manganese, chrome, coal, copper, and a strategic ownershi
Our opinion on the current state of ARIAfrican Rainbow Minerals (ARI), under the leadership of Patrice Motsepe, is a diversified mining company with interests spanning across a wide range of minerals including platinum group metals (PGM), iron ore, manganese, chrome, coal, and copper. Additionally, it holds a significant stake of 12.2% i
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current price of ARI is 20,500 ZAC — it has decreased by −8.36% in the past 24 hours. Watch African Rainbow Minerals Limited stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange African Rainbow Minerals Limited stocks are traded under the ticker ARI.
ARI stock has fallen by −14.74% compared to the previous week, the month change is a −16.32% fall, over the last year African Rainbow Minerals Limited has showed a 34.84% increase.
We've gathered analysts' opinions on African Rainbow Minerals Limited future price: according to them, ARI price has a max estimate of 29,500.00 ZAC and a min estimate of 22,572.46 ZAC. Watch ARI chart and read a more detailed African Rainbow Minerals Limited stock forecast: see what analysts think of African Rainbow Minerals Limited and suggest that you do with its stocks.
ARI stock is 11.29% volatile and has beta coefficient of 1.36. Track African Rainbow Minerals Limited stock price on the chart and check out the list of the most volatile stocks — is African Rainbow Minerals Limited there?
Today African Rainbow Minerals Limited has the market capitalization of 43.13 B, it has decreased by −5.74% over the last week.
Yes, you can track African Rainbow Minerals Limited financials in yearly and quarterly reports right on TradingView.
African Rainbow Minerals Limited is going to release the next earnings report on Sep 4, 2026. Keep track of upcoming events with our Earnings Calendar.
African Rainbow Minerals Limited revenue for the last half-year amounts to 8.52 B ZAC, despite the estimated figure of 7.82 B ZAC. In the next half-year revenue is expected to reach 9.38 B ZAC.
ARI net income for the last half-year is 2.35 B ZAR, while the previous report showed −1.06 B ZAR of net income which accounts for 0.00% change. Track more African Rainbow Minerals Limited financial stats to get the full picture.
Yes, ARI dividends are paid semi-annually. The last dividend per share was 5.00 ZAR. As of today, Dividend Yield (TTM)% is 4.92%. Tracking African Rainbow Minerals Limited dividends might help you take more informed decisions.
African Rainbow Minerals Limited dividend yield was 6.10% in 2025, and payout ratio reached 622.00%. The year before the numbers were 6.61% and 93.48% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of May 16, 2026, the company has 21.73 K employees. See our rating of the largest employees — is African Rainbow Minerals Limited on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. African Rainbow Minerals Limited EBITDA is 2.61 B ZAR, and current EBITDA margin is −10.57%. See more stats in African Rainbow Minerals Limited financial statements.
Like other stocks, ARI shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade African Rainbow Minerals Limited stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So African Rainbow Minerals Limited technincal analysis shows the strong sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating African Rainbow Minerals Limited stock shows the buy signal. See more of African Rainbow Minerals Limited technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.