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Kumba Iron Ore Limited (JSE: KIO) | Share Price

Updated 2 Sep 2022
Kumba Iron Ore Limited

Kumba Iron Ore Limited is a mining group of companies listed on the Johannesburg Stock Exchange (JSE) that is focusing on the exploration, extraction, beneficiation, marketing and sale and shipping of iron ore.

Latest Kumba Iron Ore Limited Share Price

The graph above shows the latest Kumba Iron Ore Limited share price on the Johannesburg Stock Exchange. Investors have seen Kumba Iron Ore Limited shares perform not well historically, and it doesn’t remain a steady investment. Kumba Iron Ore Limited stock is live on the JSE under the stock symbol of KIO and is available to trade via various brokers in South Africa.

What is Kumba Iron Ore Limited

Kumba Iron Ore Limited produces a high-grade iron ore in South Africa at Sishen and Kolomela mines in the Northern Cape province and is also engaged in the sale and shipping of iron ore and a reckoned supplier of iron ore to the global steel industry.

Kumba Iron Ore Limited uses dense-media and ultrahigh density media processing and jigging to regulate the physical properties of the finished product, removing impurities and improving product quality and blending allows them to utilise niche products to its markets.

The history of Kumba Iron Ore Limited can be traced back to 2005 when it was founded.

Today, Kumba Iron Ore Limited has a diversified portfolio of products and services in more sectors of the basic materials value chain and renders the following services: exploration, planning and building, mining, processing and blending, shipping, marketing and selling of iron ore.

Kumba Iron Ore Limited’s equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol KIO.

Kumba Iron Ore Limited has its headquarters at Centurion Gate – Building 2B, 124 Akkerboom Road, Centurion, Pretoria, 0157.

Kumba Iron Ore Limited has more than 14 000 employees and serves clients domestically and internationally. Export customers include China, Japan, India, South Korea and countries in Europe and MENA. Domestically, Kumba Iron sells ore to ArcelorMittal SA.

The current CEO of Kumba Iron Ore Limited is Nompumelelo “Mpumi” Zikalala.

Kumba Iron Ore Limited forms part of the Basic Materials Sector and the Industrial Metals & Mining Industry of the Johannesburg Stock Exchange (JSE).

Kumba Iron Ore

Kumba Iron Ore Limited Stock Performance

The most recent or current price for Kumba Iron Ore Limited stocks on the Johannesburg Stock Exchange (JSE) was 467.99 ZAR at the time of writing.

An analysis of financial data of Kumba Iron Ore Limited showed that the company has a total market capitalisation of 151 Billion ZAR, with a Price/Earning ratio of 3.98 and earnings per share of 117.66 ZAR.

The dividend per share of KIO was 114.00 ZAR and its dividend yield was 24.4%. A total of 322 Million shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Kumba Iron Ore Limited stocks can be hopeful for lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Kumba Iron Ore Limited, analysts forecast a possible further improved performance for the basic materials sector with market share growing as trading volumes increase.

Highlights of Kumba Iron Ore Limited in 2021

Kumba Iron Ore Limited started the current financial year (2021) with a share price of 622.81 ZAR on the Johannesburg Stock Exchange (JSE), and it has lost 24.9 % in value on its price valuation, ranking 401st on the JSE with its year-to-date performance.

Kumba Iron Ore Limited is currently the 128th most-traded stock on the JSE and it has experienced a total trading volume of more than 30.3 million shares, which were finalised in 255,071 deals and were valued at a total of 14.6 billion ZAR over a recent three month period from September to December 2021, with an average of 481,104 shares in each trading session.

During the same period a volume high of 1.33 million was achieved on November 30 and a low of 153,281 on October 28.

Kumba Iron - How To Trade

How to buy Kumba Iron Ore Limited stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders’ participating daily. To buy, sell or trade Kumba Iron Ore Limited stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “KIO”.
  2. Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
  3. Review the broker’s trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

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