Our opinion on the current state of SALUNGANO(SLG)Salungano, previously Wescoal, engages in the mining and trading of coal. The company began production in 2021, producing coal from its Moabsvelden mine for Eskom. Today, the company produces 300 million tons from five coal mines. Mining accounts for 82% of revenue, but it owns 50% of the Arnot Mine
96.68 M
About SALUNGANO GROUP LIMITED
Sector
Industry
CEO
Muthanyi Robinson Ramaite
Website
Headquarters
Sandton
Founded
1996
ISIN
ZAE000306890
FIGI
BBG000HSDX48
Salungano Group Ltd. is an investment company, which engages in the mining, processing, supply, sale, and distribution of thermal coal. It operates through the following segments: Mining, Trading, Property Renal, and Investment Holding. The Mining segment is involved in the exploration, beneficiation, and mining of bituminous coal. The Trading segment buys and sells coal to inland customers. The Property Rental segment rents property to other segments within the group. The Investment Holding segment acts as a central treasury function. The company was founded on August 26, 1996 and is headquartered in Sandton, South Africa.
Our opinion on the current state of SALUNGANO(SLG)Salungano, formerly Wescoal, focuses on coal mining and trading, producing 300 million tons annually from five mines, with mining contributing 82% of its revenue. It began production in 2021, primarily supplying Eskom from its Moabsvelden mine. The company also owns 50% of Arnot Mine and is explorin
Our opinion on the current state of SALUNGANO(SLG)Salungano, formerly known as Wescoal, is involved in the mining and trading of coal, having commenced production in 2021 with coal sourced from its Moabsvelden mine primarily for Eskom. The company has grown substantially, now producing 300 million tons from five coal mines, with mining operations c
Our opinion on the current state of SLGSalungano, previously Wescoal, engages in the mining and trading of coal. The company began production in 2021 producing coal from its Moabsvelden mine for Eskom. Today the company produces 300m tons from five coal mines. Mining accounts for 82% of revenue, but it owns 50% of the Arnot Mine and is l
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of SLG is 50 ZAC — it has decreased by −9.09% in the past 24 hours. Watch SALUNGANO GROUP LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange SALUNGANO GROUP LIMITED stocks are traded under the ticker SLG.
SLG stock is 10.00% volatile and has beta coefficient of 1.52. Track SALUNGANO GROUP LIMITED stock price on the chart and check out the list of the most volatile stocks — is SALUNGANO GROUP LIMITED there?
Today SALUNGANO GROUP LIMITED has the market capitalization of 205.20 M, it has decreased by −1.79% over the last week.
Yes, you can track SALUNGANO GROUP LIMITED financials in yearly and quarterly reports right on TradingView.
Like other stocks, SLG 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 SALUNGANO GROUP LIMITED 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 SALUNGANO GROUP LIMITED 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 SALUNGANO GROUP LIMITED stock shows the strong sell signal. See more of SALUNGANO GROUP LIMITED 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.