Our opinion on the current state of KUMBA-IO(KIO)Kumba (KIO) is a highly successful iron mining operation which is owned (79%) and controlled by Anglo American.
The share price fell to as little as R223 in March 2020 because of COVID-19 but recovered to R668 before falling on the March 2022 quarterly results.
Importantly, exports make up 94%
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
46 ZAR
14.70 B ZAR
73.78 B ZAR
55.84 M
About KUMBA IRON ORE LTD
Sector
Industry
CEO
Mpumi Zikalala
Website
Headquarters
Johannesburg
Founded
2005
ISIN
ZAE000085346
FIGI
BBG000PPVK43
Kumba Iron Ore Ltd. engages in the extraction, production, and sale iron ore. It operates through the following segments: Sishen Mine, Kolomela Mine, Logistics, Shipping Operations, and Other. The Sishen Mine and Kolomela Mine segments focuses on the extraction and production of iron ore. The Logistics and Shipping Operation segment deals with railed and rail tariffs. The Other segment comprises corporate, administration, and other expenditure not allocated to the other segments. The company was founded on May 16, 2005 and is headquartered in Johannesburg, South Africa.
KIO (Kumba Iron Ore) 1M Chart AnalysisKIO (Kumba Iron Ore) 1M Chart Analysis
Building on the previous analysis, the KIO monthly chart shows a large falling wedge. If the price finds support at the lower trendline (4), it could rebound toward the upper trendline, with an initial target around 495.
RSI supports a potential bounce, maint
KIO.JSE Kumba Iron Ore. High Risk / High Reward.Kumba Iron Ore is currently Trading above Recent Lows.
Single Commodity Tickers are always inherently a High Risk / High Reward Scenario.
They are the current Market Price Takers.
Should the China Stimulus result in Positive result's , not just hype, then I expect the Demand for Steel and Iron Ore
KUMBA IRON ORE (KIO) - WEEKLY CHART ANALYSIS CONTINUATION
Building on the previous analysis, since April 2020, this area has served as a consistent support level, aligning with key technical signals. On four occasions, upward MACD crossovers, combined with RSI breaking its downtrend, preceded an average 50% gain.
KUMBA IRON ORE (KIO)KUMBA IRON ORE (KIO) - WEEKLY CHART ANALYSIS
KIO is currently hovering around a strong support zone, which aligns closely with the levels we saw back in September/October 2022 when China introduced additional stimulus measures following the May and August rounds. This support has held firm since A
Kumba Iron Ore Analysis 10/15/24DISCLOSURE: As of 10/15/24 I have no open positions in Kumba Iron Ore JSE: KIO
Introduction:
Kumba Iron Ore is a South African Iron Ore mining company. They operate 3 mines in South Africa, all of which are quality assets operating profitably at current Iron Ore prices. The second business segme
Kumba Iron Ore: KIO - Long-term ViewKumba Iron Ore's monthly view shows a reversal pattern in play for a long position. The following have to play out:
1. Overcome horizontal resistance at R415 (this is expected in October)
2. When October closes above R406.01, open a long position (swing low is confirmed)
3. First target R480 area,
$JSEKIO - Kumba Iron Ore: A New Perspective On The Big BearSee link below for previous analysis.
There is more clarity on the big bear from the 2021 all time high.
The bear looks to be unfolding as a double zigzag (WXY).
There is no sign of a reversal yet and 25000 cps looks a likely short-term target followed by the March 2020 low so I maintain the bearis
Our opinion on the current state of KUMBA-IO(KIO)Kumba (KIO) is a highly successful iron mining operation, with 79% ownership and control by Anglo American. The company's share price experienced a significant drop to R223 in March 2020 due to the COVID-19 pandemic but later recovered to R668 before facing declines following the March 2022 quarterl
$JSEKIO - Kumba Iron Ore: Bearish Support Trendline Break See link below for previous analysis.
The advance from October 2022 was in three waves which is corrective in nature.
The stock has now had a strong weekly close below the support trendline which adds to the bearish.
I am bearish Kumba with a price target at 32000 cps.
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.
Related stocks
Frequently Asked Questions
The current price of KIO is 31,000 ZAC — it has increased by 2.70% in the past 24 hours. Watch KUMBA IRON ORE LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange KUMBA IRON ORE LTD stocks are traded under the ticker KIO.
KIO stock has risen by 20.76% compared to the previous week, the month change is a −9.42% fall, over the last year KUMBA IRON ORE LTD has showed a −36.99% decrease.
We've gathered analysts' opinions on KUMBA IRON ORE LTD future price: according to them, KIO price has a max estimate of 42,400.00 ZAC and a min estimate of 26,000.00 ZAC. Watch KIO chart and read a more detailed KUMBA IRON ORE LTD stock forecast: see what analysts think of KUMBA IRON ORE LTD and suggest that you do with its stocks.
KIO stock is 4.01% volatile and has beta coefficient of 1.47. Track KUMBA IRON ORE LTD stock price on the chart and check out the list of the most volatile stocks — is KUMBA IRON ORE LTD there?
Today KUMBA IRON ORE LTD has the market capitalization of 98.83 B, it has decreased by −8.27% over the last week.
Yes, you can track KUMBA IRON ORE LTD financials in yearly and quarterly reports right on TradingView.
KUMBA IRON ORE LTD is going to release the next earnings report on Jul 29, 2025. Keep track of upcoming events with our Earnings Calendar.
KIO earnings for the last half-year are 16.62 ZAC per share, whereas the estimation was 18.36 ZAC, resulting in a −9.48% surprise. The estimated earnings for the next half-year are 21.92 ZAC per share. See more details about KUMBA IRON ORE LTD earnings.
KUMBA IRON ORE LTD revenue for the last half-year amounts to 32.73 B ZAC, despite the estimated figure of 31.92 B ZAC. In the next half-year revenue is expected to reach 36.49 B ZAC.
KIO net income for the last half-year is 7.55 B ZAR, while the previous report showed 7.15 B ZAR of net income which accounts for 5.67% change. Track more KUMBA IRON ORE LTD financial stats to get the full picture.
KUMBA IRON ORE LTD dividend yield was 11.85% in 2024, and payout ratio reached 84.42%. The year before the numbers were 7.61% and 66.10% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. KUMBA IRON ORE LTD EBITDA is 33.13 B ZAR, and current EBITDA margin is 44.90%. See more stats in KUMBA IRON ORE LTD financial statements.
Like other stocks, KIO 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 KUMBA IRON ORE LTD 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 KUMBA IRON ORE LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating KUMBA IRON ORE LTD stock shows the sell signal. See more of KUMBA IRON ORE LTD 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.