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Tharisa likely to deliver 300% boost to earnings in results to be released shortly

Tharisa's operations in South Africa have been performing well

Tharisa PLC - Tharisa likely to deliver 300% boost to earnings in results to be released shortly

Tharisa PLC (LON:THS) said it is expected to boost earnings per share by 300% in upcoming results for the 12 months to end September 2020, due to be released shortly.

The increase comes following operational improvements on all measured metrics at the company’s South African chrome and platinum operations, as announced in October.

The company has also benefited from higher platinum group metals prices, as production shortfalls elsewhere in South Africa have constricted supply.

The company said that chrome concentrate prices were “stable.”

Tharisa is preparing its financial statements for the 2020 full year, with the financial results expected to be released on or about November 30, 2020. 

Quick facts: Tharisa PLC


Price: 98.9999 GBX

Market Cap: £266.5 m

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