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Gold & silver

Tharisa sees six-fold leap in earnings per share for half year

Basic earnings per share and headline earnings per share are expected to be between 21 US cents and 22 US cents per share

Tharisa PLC (LON:THS), an integrated platinum and chrome producer, expects its earnings per share for the six months to end March to be around six times higher than the corresponding interim period.

Basic earnings per share and headline earnings per share (HEPS) are expected to be between 21 US cents and 22 US cents per share, with a tolerance of 10%, relative to the earnings per share and HEPS of 3.6 US cents and 3.7 US cents per share for the six months to end March 2020, it said in a trading statement.

In a production update released in April, the company highlighted operational improvements and the higher prices received for its platinum group metals and chrome concentrate.

READ: Tharisa ups production, benefits from strong platinum group metals prices

Tharisa expects to release its interim results around May 27.

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