Pan African Resources Expects Fiscal 2026 EPS Growth of Up to 151%; Shares Fall 5%
MT Newswires Live
4 hours ago
Pan African Resources (ASX:PAF) said it expects to report fiscal 2026 earnings of between $0.1724 and $0.1796 per share, a year-over-year increase of between 141% and 151% from $0.0716 per share, according to a late Thursday Australian bourse filing.
Headline EPS for the year ended June 30 is expected to be between $0.1735 and $0.1794 per share.
The company expects to report higher revenue as a result of a nearly 55% rise in the average gold price received and an over 38% jump in gold sold.
Group production for the year ending June 30, 2027, is expected to grow between 280,000 and 302,000 ounces, the company said.
The company's shares fell past 5% in recent trading on Friday.
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