This study examines the relationship between free cash flow (FCF) and share price (SP) specifically of the mining sector in South Africa (SA ). According to Van Zyl (2014), the independent variable looks at two or more levels that can be influenced to obtain the results of the specific study. Free cash flow and stock price are considered as the independent variables related to this study. The dependent variable indicates the degree to which the result of a study is reflected, therefore the mining sector is considered the dependent variable of this study. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay Maksy (2013) conducted a study highlighting that cash flow from operations minus capital expenditures is most strongly related to stock prices. The author highlighted the importance of the company disclosing its FCF using this definition, as he believes this should help investors make wise decisions. Disclosure of the firm's free cash flow may affect the division of risk sharing between internal and external investors differently with regard to the added stock price. Vedd and Yassisnski (2015) agree that, among other things, operating cash flows can influence the stock price of companies in Latin America and the study examined more than half a thousand publicly traded companies in Latin America, considered one of the largest stock exchanges. market. Most authors define cash flow and stock price differently. According to accounting tools.com, cash flow is defined "as the net amount of money that an entity receives and disburses during a period of time" and Maksy (2013) states that "several authors, academic articles, textbooks and companies define free cash flow cash flow based on their specifications and defining free cash flow as excess cash flow, he also cited Mandalay Resort from changing the definition of FCF from operating income in 1988 and since 2000 he added pre-opening expenses, abandonment loss, depreciation and amortization, interest, dividends and other income”. Share price is the amount of capital paid into a company by investors, quoted by accounting tool. com, on the other hand, Ibrahim (2008) argued that “stock prices represent discounted present values ​​of the firm's expected future cash flows or profits.” Publicly traded companies attract investors around the world, leading to a rise in stock prices. Researchers have established that accounting information can help determine the overall financial position of the company based on their analysis, cash flows from operating activities have an effect on the quoted return. According to Vedd and Yassinski (2015) highlighted that the work of the authors Eugene, Fama and Kenneth in 1995 studied the relationship between the book and the market equity capital and the size of the company regardless of how it influenced the profits and stock prices and the result showed that firm size and market equity book value are related to profitability. The evidence gathered by the authors agrees with the thesis that companies with a low share price tend to be less profitable and have less earnings or free cash flow, this can be calculated using the fluid financial accounting formula Share Value = (Flow free cash)/(( 2014.