African Rainbow Minerals (African Rainbow Minerals) Marketable Securities : $34.2 Mil (As of Dec. 2023)

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What is African Rainbow Minerals Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. African Rainbow Minerals's Marketable Securities for the quarter that ended in Dec. 2023 was $34.2 Mil.

African Rainbow Minerals's annual Marketable Securities increased from Jun. 2021 ($37.6 Mil) to Jun. 2022 ($52.5 Mil) but then declined from Jun. 2022 ($52.5 Mil) to Jun. 2023 ($35.3 Mil).

African Rainbow Minerals Marketable Securities Historical Data

The historical data trend for African Rainbow Minerals's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

African Rainbow Minerals Marketable Securities Chart

African Rainbow Minerals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Marketable Securities

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76.40

37.59

52.48

35.26

African Rainbow Minerals Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Marketable Securities	Get a 7-Day Free Trial															51.79	52.48	37.96	35.26	34.19

African Rainbow Minerals Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

African Rainbow Minerals (OTCPK:AFBOF) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

African Rainbow Minerals Marketable Securities Related Terms

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African Rainbow Minerals (African Rainbow Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » African Rainbow Minerals Ltd (OTCPK:AFBOF) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

ARI:South Africa EB9:Germany

Address

29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196

Website

https://www.arm.co.za

African Rainbow Minerals Ltd is a South African diversified mining and minerals company. The group has various operating divisions: platinum, ferrous, coal, copper, and corporate. In addition, African Rainbow Minerals has an investment in gold through its shareholding in Harmony. Ferrous is the group's largest division, contributing roughly half of group revenue, closely trailed by the platinum division. The platinum division includes the Two Rivers Platinum Mine as a 51% subsidiary and an interest in the Modikwa Platinum Mine. The ferrous division comprises Assmang as a 50% joint venture, which includes iron ore, manganese, and chrome operations.

African Rainbow Minerals (African Rainbow Minerals) Headlines

From GuruFocus

Unraveling African Rainbow Minerals Ltd's (AFBOF) Dividend Performance and Sustainability

By GuruFocus Research • 10-04-2023