If you’re searching for the Wesizwe share price, chances are you can’t find any current chart to track its current stock price. Unfortunately, this stems from the bad news that Wesizwe Platinum is on the brink of a financial crisis, and it’s currently suspended from trading due to the failure to submit its annual report.
That’s why it’s just safe to ask: “What went wrong?”
This TRU Insight traces back its historical performance, challenges, and experts’ outlook that you should not ignore. Will the flatline forecast of the Wesizwe share price have the chance to revive back to the limelight of a JSE-traded company?
Read on to unveil the probability.
- Wesizwe Platinum Limited Company Background
- Last Traded Report of Wesizwe Share Price
- Technical Analysis
- Frequently Asked Questions
- What role does China African Jinchuan play in Wesizwe’s future?
- What happens to investor holdings during a JSE suspension?
- Is the Bakubung Platinum Mine still operational during the suspension?
- Final Verdict: What’s Next for Wesizwe Platinum Limited?
Wesizwe Platinum Limited Company Background
South Africa is known as the realm of mining companies, and Wesizwe Platinum Limited is one of the public companies that was founded in 2003, and it’s registered in Johannesburg, South Africa. Its main service focuses on the production of Platinum Group Metals (PGMs) and Bakubung Platinum Mine (BPM), as its main project is in Rustenburg, Northwest Province.
Read more: Top 5 Mining Companies in South Africa + Stock Prices in 2025
Last Traded Report of Wesizwe Share Price
Wesizwe share price was once listed under the stock symbol JSE: WEZ.
But with the multiple delays of complying its annual report, Wesizwe share price jse is currently suspended from actively trading on the Johannesburg Stock Exchange (JSE).
The provided table below shows the last traded date on June 3, 2025:
| Last Traded Price | ZAR 0.45 |
| 52 Week Range | ZAR 0.45 – ZAR 75.00 |
| Market Capitalization | ZAR 732.52 million |
| P/E Ratio | 0.69 |
| Dividend Yield | 0.00 (No dividends declared) |
| Average Volume | Approximately 245,865 units |
The last traded Wesizwe share price of ZAR 0.45 reflects how far the stock has fallen, especially when compared to its 52-week high of ZAR 75.00. The declining share price also took effect on its market cap and average daily trading volume, since this is relatively small for a mining company.
Another thing is that the P/E ratio of 0.69 is significantly low, and this means that investors were paying less than one rand for every rand of earnings. A dividend yield of 0.00% confirms that Wesizwe wasn’t returning any profits to shareholders, which is typical for companies facing financial trouble.
Overall, these indicators provide a reasonable overview of why Wesizwe share price is indeed struggling with its stock performance, and for traders like you, trading unknowingly entails a high-risk loss of your investment.
That’s why it’s important to stay ahead of the current market events and know how to read these financial indicators, which could be a great help to start with reputable trading communities like CommuniTrade.
Technical Analysis
Our financial analyst examines the broader landscape of Wesizwe share price by using the price chart presented and other technical factors that contribute to its stock performance.
In November 2024, Wesizwe started with relatively low prices that are beyond the threshold of common mining companies alike. This downward momentum continued until January 2025, and market uncertainty highlights the sideways movements between March and May.
Following these months, the downfall of Wesizwe Platinum company marked the suspension of their listing on the JSE. This means that any price movements shown after June 3 are frozen and no longer reflect active market trading.
What Went Wrong?
Mining companies are naturally exposed to market volatility, and Wesizwe is no exception. Its performance is closely tied to fluctuations in platinum prices, which can shift rapidly due to global supply and demand.
However, aside from this given fact, Wesizwe Platinum faces multiple challenges deeply affecting its overall financial standing:
- Cyberattack in 2024
- Failure of submission of its 2024 annual financial report
- Currently suspended from actively trading on JSE listing
- The concentrator plant at Bakubung Platinum Mine experienced defects
- Unresolved issues with the plant’s lube system and spillage
- Resignation of multiple employees
- High debt equity ratio
These issues have clearly impacted Wesizwe’s stock performance. The company is working to recover, with plant fixes and hot commissioning in progress. It now plans to publish its long-overdue financials and request the JSE to lift the trading suspension by September 30, 2025
However, Wesizwe still faces major challenges. Its stability is critical at this point since its revival depends on its major shareholder in China for future funding.
Read more: Best 10 Shares to Buy in South Africa to Watch in 2025
Frequently Asked Questions
What role does China African Jinchuan play in Wesizwe’s future?
As Wesizwe’s 45% shareholder, Jinchuan is expected to provide additional funding. However, approval from China’s National Development and Reform Committee is still pending
What happens to investor holdings during a JSE suspension?
Investors still own their Wesizwe shares, but they cannot buy or sell them until the suspension is lifted. The value remains static and untradeable during this period.
Is the Bakubung Platinum Mine still operational during the suspension?
Yes, the mine is undergoing hot commissioning and plant rectification, but full production is only expected by January 2026.
Final Verdict: What’s Next for Wesizwe Platinum Limited?
Wesizwe Platinum’s road to recovery is still uncertain, but not without direction. The company is actively working on plant rectification and hot commissioning, while aiming to publish its overdue financials and resume trading.
Looking ahead, Wesizwe’s future stock performance will depend on its ability to secure funding, stabilize operations at Bakubung Mine, and regain investor confidence. If these efforts succeed, the company could slowly rebuild its position in the JSE and re-enter the radar of value-focused investors.
If you want to stay updated with Wesizwe’s potential recovery, joining a reputable trading community is the key. In CommuniTrade, you’ll find an all-in-one space to collaborate with stock traders, learn about stocks with trading courses, and keep up with market trends with live webinars and trading signals.
