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Royal Bafokeng Platinum Ltd (JSE: RBP) | Share Price

Nigel Firth
Nigel Frith trader
Updated 24 Sep 2022

Royal Bafokeng Platinum Ltd is a mining company listed on the Johannesburg Stock Exchange (JSE) that engages in mining and producing platinum group metals in South Africa.

Latest Royal Bafokeng Platinum Ltd Share Price

The graph above shows the latest Royal Bafokeng Platinum Ltd share price on the Johannesburg Stock Exchange. Investors have seen Royal Bafokeng Platinum Ltd shares perform well historically, and it remains a steady investment. Royal Bafokeng Platinum Ltd stock is live on the JSE under the stock symbol of RBP and is available to trade via various brokers in South Africa.

What is Royal Bafokeng Platinum Ltd

Royal Bafokeng Platinum Ltd is responsible for the management and development of the commercial assets of the Royal Bafokeng Nation, with the overall business objective of maximizing returns to deliver sustainable benefits to the community.

The history of Royal Bafokeng Platinum Ltd can be traced back to 2008 and its major shareholders are Impala Platinum Holdings Ltd., Northam Platinum Holdings Ltd., Public Investment Corporation, Royal Bafokeng Platinum Holdings (Pty) Ltd, Kagiso Asset Management (Pty) Ltd, Emikaway (RF) (Pty) Ltd.

Today, Royal Bafokeng Platinum Ltd has a diversified portfolio of products and services in more sectors of the Basic Materials value chain and explore for platinum, palladium, rhodium, iridium, osmium, ruthenium, gold, nickel, copper, and cobalt through operations including the Bafokeng Rasimone Platinum mine (BRPM), Styldrift; the BRPM Concentrator complex; and the Maseve concentrator plant.

Royal Bafokeng Platinum Ltd’s equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol RBP.

Royal Bafokeng Platinum Ltd has its headquarters at The Pivot, No. 1 Monte Casino Boulevard, Block C, 4th Floor, Fourways, 2021.

Royal Bafokeng Platinum Ltd has more than 10 500 employees and the current CEO of Roy

 

al Bafokeng Platinum Ltd is Steve Phiri.

Royal Bafokeng Platinum Ltd forms part of the Basic Materials sector, specifically, the Mining industry of the Johannesburg Stock Exchange (JSE).


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Royal Bafokeng Platinum Ltd Stock Performance

The most recent or current price for Royal Bafokeng Platinum Ltd stocks on the Johannesburg Stock Exchange (JSE) was 161.77 ZAR at the time of writing.

An analysis of financial data of Royal Bafokeng Platinum Ltd showed that the company has a total market capitalisation of 48 Billion ZAR, with a Price/Earning ratio of 5.82 and earnings per share of 28.51 ZAR.

The dividend per share of RBP was 11.10 ZAR and its dividend yield was 6.69%. A total of 289 Million shares were outstanding.

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

According to an analysis on the live chart of Royal Bafokeng Platinum Ltd, analysts forecast a possible further improved performance for the Basic Materials sector with market share growing as trading volumes increase.

Royal-Bafokeng-Platinum-Limited-Shares

Highlights of Royal Bafokeng Platinum Ltd in 2021

Royal Bafokeng Platinum Ltd started the current financial year (2021) with a share price of 156.32 ZAR on the Johannesburg Stock Exchange (JSE), and it has gained 6.19 % in value on its price valuation, ranking 64th on the JSE with its year-to-date performance.

Royal Bafokeng Platinum Ltd is currently the 57th most-traded stock on the JSE and it has experienced a total trading volume of more than 81.9 million shares, which were finalised in 157,769 deals and were valued at a total of 10.6 billion ZAR over a recent three month period from October 2021 to January 2022, with an average of 1.3 million shares in each trading session.

During the same period a volume high of 6.57 million was achieved on November 10 and a low of 37,274 on December 29.

How to buy Royal Bafokeng Platinum Ltd 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 Royal Bafokeng Platinum Ltd 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, “RBP”.
  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.

FAQs

The Johannesburg Stock Exchange (JSE) was founded in 1887 during the first South African gold rush. Today it is the principal stock exchange of South Africa and the largest exchange on the continent.

The Johannesburg Stock Exchange is located in Sandton, Johannesburg and is described as the engine room of the South African economy, with the main purpose of facilitating the raising of primary capital for listed companies while improving job opportunities and wealth creation by providing an orderly market for dealing in securities for investors.

The JSE upgraded to electronic trading in 1996, and in 2005, demutualized and listed on its own exchange.

Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.