Pan African Resources (PAF)

Sector:

Mining

Index:

FTSE AIM 100

16.00p
   
  • Change Today:
      0.34p
  • 52 Week High: 24.00
  • 52 Week Low: 12.80
  • Currency: UK Pounds
  • Shares Issued: 2,222.86m
  • Volume: 4,392,999
  • Market Cap: £355.66m
  • RiskGrade: 255

Pan African expecting decent rise in full-year earnings

By Josh White

Date: Wednesday 08 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Pan African Resources updated the market on the financial year ended 30 June on Wednesday, saying it was expecting headline earnings per share of between 3.76 and 4.1 US cents per share, compared to 2.29 cents per share in the prior year.
The AIM-traded firm said that would make for an increase of between 64% and 79%.

It said earnings per share for the year were anticipated to be between 3.76 and 4.1 cents per share as well, compared to 2.3 cents per share in 2019, making for an increase of between 63% and 78%.

"The considerable improvement in earnings per share and headline earnings per share are primarily due to gold and other revenue increasing by 34.8% to $368.9m, predominantly due to an increase in gold sold of 12.4% to 201,777 ounces and the average dollar gold price received increasing by 15.7% to $1,821 per ounce," the board said in its statement.

"[That was] offset by an increase of 281% in the taxation charge for the period to $30.1m, as a result of an increase in taxation payable and the deferred taxation rate, due to an increase in projected taxable income based on expected future profitability, production and capital expenditure."

At 1124 BST, shares in Pan African Resources were down 1.63% at 16.59p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PAF Market Data

Currency UK Pounds
Share Price 16.00p
Change Today 0.34p
% Change 2.17 %
52 Week High 24.00
52 Week Low 12.80
Volume 4,392,999
Shares Issued 2,222.86m
Market Cap £355.66m
RiskGrade 255

PAF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.79% above the market average76.79% above the market average76.79% above the market average76.79% above the market average76.79% above the market average
43.08% below the sector average43.08% below the sector average43.08% below the sector average43.08% below the sector average43.08% below the sector average
Price Trend
12.2% below the market average12.2% below the market average12.2% below the market average12.2% below the market average12.2% below the market average
27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average
Income
97.22% above the market average97.22% above the market average97.22% above the market average97.22% above the market average97.22% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Growth
8.00% above the market average8.00% above the market average8.00% above the market average8.00% above the market average8.00% above the market average
27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PAF Dividends

  Latest Previous
  Final Final
Ex-Div 01-Dec-22 02-Dec-21
Paid 13-Dec-22 14-Dec-21
Amount 0.91p 0.92p

Trades for 24-Mar-2023

Time Volume / Share Price
16:35 279,492 @ 16.00p
16:35 1 @ 16.00p
16:35 3,168 @ 16.00p
16:35 270 @ 16.00p
16:35 1,632 @ 16.00p

PAF Key Personnel

CEO Cobus Loots
Finance Director Deon Louw

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