Afrimat Ltd traded at 4,219.00 this Friday February 6th, decreasing 28.00 or 0.66 percent since the previous trading session. Looking back, over the last four weeks, Afrimat lost 2.34 percent. Over the last 12 months, its price fell by 32.56 percent. Looking ahead, we forecast Afrimat Ltd to be priced at 4,149.05 by the end of this quarter and at 3,846.77 in one year, according to Trading Economics global macro models projections and analysts expectations.
Afrimat Limited is a South Africa-based mid-tier mining and materials company. The Company supplies a range of products ranging from construction materials, such as aggregates, bricks, blocks, pavers, and ready-mix concrete; industrial minerals, which includes lime and lime products, and bulk commodities, which includes iron ore, and anthracite. Its segments include Construction Materials, Industrial Minerals, Bulk Commodities, Future Materials and Metals, and Services. Its Construction Materials segment supplies a variety of aggregates and concrete-based products. The Industrial Minerals segment consists mainly of the sale of limestone, dolomite, and industrial sand. Its Bulk Commodities segment comprises iron ore and anthracite. Its Future Materials and Metals segment comprises phosphate, vermiculite, and rare earth elements. Its Services segment consists of the Company’s shared services, including IT services, consulting services, external logistical, and mining services.