Latest news with #MantenguMining
Yahoo
6 days ago
- Business
- Yahoo
Mantengu Mining Full Year 2025 Earnings: EPS: R1.48 (vs R0.007 in FY 2024)
Revenue: R317.5m (up 189% from FY 2024). Net income: R303.3m (up by R302.1m from FY 2024). Profit margin: 96% (up from 1.1% in FY 2024). EPS: R1.48 (up from R0.007 in FY 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Mantengu Mining shares are down 1.9% from a week ago. We don't want to rain on the parade too much, but we did also find 3 warning signs for Mantengu Mining (2 are potentially serious!) that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
IOL News
23-05-2025
- Business
- IOL News
FSCA clears share price manipulation claims made by Mantengu Mining
The FSCA said that its investigation into the alleged prohibited trading practices in the shares of Mantengu Mining uncovered no evidence to support the allegations of price manipulation. The Financial Sector Conduct Authority (FSCA) said Friday it will not be taking any action regarding the alleged share price manipulation of JSE-listed Mantengu Mining. The FSCA stated that its investigation into the alleged prohibited trading practices uncovered no evidence to support the allegations of price manipulation. On February 19, 2024, Mantengu reported to the JSE and the FSCA that a certain group of individuals were involved in the manipulation of the company's share price. Mantengu further claimed that the FSCA had found a prima facie case warranting further investigation.
Yahoo
13-02-2025
- Business
- Yahoo
Should We Be Cautious About Mantengu Mining Limited's (JSE:MTU) ROE Of 15%?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. To keep the lesson grounded in practicality, we'll use ROE to better understand Mantengu Mining Limited (JSE:MTU). Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. Simply put, it is used to assess the profitability of a company in relation to its equity capital. Check out our latest analysis for Mantengu Mining ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Mantengu Mining is: 15% = R20m ÷ R136m (Based on the trailing twelve months to August 2024). The 'return' is the profit over the last twelve months. Another way to think of that is that for every ZAR1 worth of equity, the company was able to earn ZAR0.15 in profit. By comparing a company's ROE with its industry average, we can get a quick measure of how good it is. The limitation of this approach is that some companies are quite different from others, even within the same industry classification. If you look at the image below, you can see Mantengu Mining has a lower ROE than the average (19%) in the Commercial Services industry classification. That certainly isn't ideal. Although, we think that a lower ROE could still mean that a company has the opportunity to better its returns with the use of leverage, provided its existing debt levels are low. When a company has low ROE but high debt levels, we would be cautious as the risk involved is too high. Our risks dashboard should have the 3 risks we have identified for Mantengu Mining. Most companies need money -- from somewhere -- to grow their profits. That cash can come from issuing shares, retained earnings, or debt. In the first two cases, the ROE will capture this use of capital to grow. In the latter case, the debt required for growth will boost returns, but will not impact the shareholders' equity. In this manner the use of debt will boost ROE, even though the core economics of the business stay the same. It's worth noting the high use of debt by Mantengu Mining, leading to its debt to equity ratio of 1.42. The combination of a rather low ROE and significant use of debt is not particularly appealing. Debt does bring extra risk, so it's only really worthwhile when a company generates some decent returns from it. Return on equity is a useful indicator of the ability of a business to generate profits and return them to shareholders. A company that can achieve a high return on equity without debt could be considered a high quality business. If two companies have around the same level of debt to equity, and one has a higher ROE, I'd generally prefer the one with higher ROE. But when a business is high quality, the market often bids it up to a price that reflects this. Profit growth rates, versus the expectations reflected in the price of the stock, are a particularly important to consider. You can see how the company has grow in the past by looking at this FREE detailed graph of past earnings, revenue and cash flow. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
