Exxaro Resources is one of South Africa’s largest and most prominent mining companies, and many investors are keen to understand whether it presents a sound investment opportunity. If you’re considering Exxaro for your investment portfolio, here’s an in-depth look at the company’s financial health, stock performance, and employee satisfaction—key factors to help you decide if Exxaro is a good investment.
Exxaro’s Stock Performance: A Positive Outlook
Exxaro Resources has garnered positive attention from market analysts. As of March 14, 2024, a consensus of eight analysts, sourced from Refinitiv data, has given Exxaro a long-term “buy” recommendation. This suggests that analysts are confident in the company’s ability to continue performing well over the next year.
The average price target set by these analysts for Exxaro stock over the next 12 months is 21,500 cents, which reflects a favorable growth projection. This suggests that, based on analyst consensus, Exxaro has a strong potential for capital appreciation in the near future, making it a solid investment option for those looking for long-term returns.
Financial Health and Market Position
Exxaro Resources operates in the mining industry, primarily focusing on coal and other resources essential for the energy and steel industries. The company has demonstrated resilience through fluctuating commodity prices, adapting to market conditions and expanding its presence in renewable energy.
As one of the leading players in South Africa’s mining sector, Exxaro benefits from strong domestic and international demand for its products, particularly coal, which remains a key energy source globally. The company’s established infrastructure, well-managed operations, and solid strategic direction are all factors that contribute to its strong market position.
Is Exxaro a Good Company to Work For?
Beyond its stock performance, understanding the internal workings of a company can also provide valuable insight into its long-term stability. Exxaro has an overall rating of 4.4 out of 5 on employee review platforms, based on more than 94 anonymous reviews. With 86% of employees stating they would recommend Exxaro as a workplace to friends, and 76% having a positive outlook on the company’s future, it’s clear that Exxaro values its workforce and fosters a productive, positive environment.
In fact, Exxaro’s employee satisfaction has seen a 7% improvement over the past year, signaling a healthy corporate culture and a commitment to employee growth and well-being. This positive workplace environment can be an indicator of a strong, forward-thinking leadership team—an important factor for long-term investors.
Overview of Public Universities in South Africa
Here's an overview of some public universities in South Africa, including general admissions requirements and estimated application periods. Keep in mind, specific program requirements and dates can vary significantly, so it's important to check each university's official website for the most current information.
University of Pretoria
- Admissions Requirements: National Senior Certificate with minimum scores in specific subjects related to the chosen program; for international students, equivalent qualifications.
- Application Period: Usually opens in March and closes at the end of July for most programs.
University of Cape Town
- Admissions Requirements: National Senior Certificate with pass levels required for degree study; subject-specific requirements depending on the program.
- Application Period: Application opens in April and closes at the end of July.
Stellenbosch University
- Admissions Requirements: National Senior Certificate with required marks; some programs have additional testing.
- Application Period: Opens in March and typically closes at the end of June.
University of the Witwatersrand
- Admissions Requirements: Matriculation certificate with university exemption; required scores vary by faculty.
- Application Period: Begins in March and ends on the 30th of September.
University of Johannesburg
- Admissions Requirements: Matric exemption with a minimum APS score; specific subject requirements based on the faculty.
- Application Period: Opens in April and generally closes by the 30th of September.
University of the Free State
- Admissions Requirements: National Senior Certificate with specific marks for the program applied to; additional requirements for certain courses.
- Application Period: Typically opens in April and closes at the end of August.
University of Venda
- Admissions Requirements: Completion of the National Senior Certificate with an endorsement for diploma or degree studies; specific APS scores needed.
- Application Period: Usually from May to September.
University of Fort Hare
- Admissions Requirements: National Senior Certificate with university exemption; certain programs may have specific requirements.
- Application Period: Opens around May and closes at the end of September.
University of the Western Cape
- Admissions Requirements: National Senior Certificate with specific performance levels; additional requirements for certain programs.
- Application Period: Generally from May to September.
North-West University
- Admissions Requirements: National Senior Certificate with university exemption; program-specific requirements may apply.
- Application Period: Opens in March and usually closes by the end of August.
Rhodes University
- Admissions Requirements: National Senior Certificate or equivalent; minimum academic performance in certain subjects.
- Application Period: Applications open in April and close at the end of September.
Nelson Mandela University
- Admissions Requirements: National Senior Certificate with required scores for chosen programs; portfolio or additional tests for some faculties.
- Application Period: Opens in April, with a deadline at the end of August for most programs.
Cape Peninsula University of Technology
- Admissions Requirements: National Senior Certificate with specific scores; additional requirements for certain courses.
- Application Period: Opens in May and typically closes by the end of September.
University of Limpopo
- Admissions Requirements: Senior Certificate with endorsement for diploma or degree courses; specific APS scores for different programs.
- Application Period: From April to September.
University of Zululand
- Admissions Requirements: National Senior Certificate with an endorsement for bachelor’s degree studies; specific score requirements for various programs.
- Application Period: Usually between April and November.
Central University of Technology
- Admissions Requirements: National Senior Certificate with specific scores for the chosen field of study; additional criteria for certain programs.
- Application Period: Application period generally starts in May and ends in October.
Vaal University of Technology
- Admissions Requirements: National Senior Certificate with a pass that qualifies for admission to bachelor’s degree, diploma, or higher certificate programs.
- Application Period: Typically from May to September.
Walter Sisulu University
- Admissions Requirements: National Senior Certificate with required scores for chosen programs; additional criteria for certain faculties.
- Application Period: From April to September.
This list provides a starting point for understanding the admissions landscape across South Africa's diverse higher education institutions. Given the variability in programs and requirements, it's crucial to consult each university's website for the most accurate and up-to-date information.