viewPan African Resources PLC

Pan African Resources gives guidance for the six months to December 2020

Pan African has successfully operated gold mines in South Africa for a number of years

Gold prices have been strong
Gold prices have been strong

Pan African Resources plc (LON:PAF) has advised shareholders of that it expects headline earnings per share to be between US$0.0205 and US$0.0217 when it reports its interim results for the period to end December on February 16, 2021.

The increases in earnings and headline earnings that the company is expecting to report come as a result of a boost to gold revenues to US$183.8mln, up from US$132mln in 2019.

The average gold price received increased by 27.4% to US$1,865 per ounce, as the company sold more gold overall.

Quick facts: Pan African Resources PLC


Price: 16.2 GBX

Market Cap: £312.39 m

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