Multiples are cheap but both trends are down. A low multiple alone is not a catalyst — without a turn in price action, "cheap" can stay cheap.
JSE ticker · THA
Tharisa plc (THA) Share Price & Latest SENS Announcements
Tharisa plc
Track Tharisa plc (THA) share price moves, recent SENS announcements, company profile details, and Basic Materials sector, other precious metals & mining, all in one place.
Latest SENS Announcements — Tharisa plc (THA)
10 most recent- 20 Oct Operational Update
THARISA PLC - Tharisa Secures Early Wheeled Renewable Energy Supply from Etana Energy
Tharisa receives first wheeled renewable energy from Etana, covering about 10% of current mine demand.
NEUTRAL 0 - 15 Oct Commercial Agreement
THARISA PLC - Valterra Platinum to Purchase 50% of Tharisa Mine PGM Concentrate from 1 January 2027 and Parties to Collaborate on Chrome Recovery and Beneficiation
Tharisa signs Valterra Platinum for 50% of PGM offtake from 2027 and expands a chrome recovery collaboration — positive strategic direction.
BULLISH +22 - 13 Oct Operational Update
THARISA PLC - Production Report for the fourth quarter and full year ended 30 September 2026
Tharisa hits FY2026 guidance with PGM output up 11% and a 61% higher basket price.
NEUTRAL +20 - 30 Sep Board Change
THARISA PLC - Board Succession and Executive Leadership Changes
Founder succession and C-suite reshuffle at Tharisa; Loucas Pouroulis becomes Chairman Emeritus, Carol Bell steps up to the chair.
NEUTRAL 0 - 28 Sep Compliance Filing
THARISA PLC - Migration of trading in Tharisa Shares to the Stock Exchange Electronic Trading Service (SETS) of the London Stock Exchange
Tharisa migrates LSE trading to the SETS order book on 1 October — a liquidity upgrade, not a fundamental change.
NEUTRAL 0 - 25 Sep Debt Notice
THARISA PLC - Bond Proceeds Placed in Escrow Condition Precedent Satisfied
Tharisa places US$300m Nordic bond proceeds in escrow after a major condition precedent is satisfied.
NEUTRAL 0 - 11 Sep Debt Notice
THARISA PLC - Successful Pricing of US$300 million Senior Secured Nordic Bond
Tharisa prices a US$300m five-year bond at 11.00% coupon, oversubscribed, to fund Karo Platinum.
NEUTRAL +15 - 02 Sep Debt Notice
THARISA PLC - Income Investor Meetings and Contemplated Senior Secured Bond Issue
Tharisa arranges investor meetings; USD 300m bond for Karo Platinum capex may follow, conditional on market.
NEUTRAL +12 - 27 Aug Acquisition
THARISA PLC - Tharisa secures Concentrate Purchase Agreement for Karo Platinum Project with Valterra
Karo Platinum signs a five-year binding concentrate offtake term sheet with Valterra, de-risking the project ahead of first production.
NEUTRAL +18 - 26 Aug Director Dealings
THARISA PLC - Dealings in securities by company secretary of Tharisa
Company Secretary sold 40,000 shares (ZAR 1.04m) on-market; no reason disclosed, size immaterial relative to R7.77bn market cap.
NEUTRAL 0
Price · Close
- Trend
- Down · below 50 & 200
- Momentum
- Weakening
- RSI 14
- 42
- 30D Vol
- 18.4%
What Changed
Delta viewLatest SENS 3h ago: "THARISA PLC - Tharisa Secures Early Wheeled Renewable Energy Supply from Etana Energy" — reading mixed.
Market
Valuation
Technicals
Annualised · 30 sessionsAnalyst ratings & fundamentals for Tharisa plc aren't available yet.
Why It Matters
Combined viewPrice sits below both the 50- and 200-day moving averages. Rallies in this configuration tend to be sold; the burden of proof is on the bulls.
Tharisa plc, an investment holding company, engages in the mining, processing, sale, and logistics of platinum group metals (PGMs) and chrome concentrates in South Africa, China, Singapore, Hong Kong, the United Arab Emirates, and internationally. It operates through four segments: PGM, Chrome, Agency and Trading, and Manufacturing. The company sells PGM concentrates, including platinum, palladium, rhodium, gold, ruthenium, iridium, nickel, and copper. It also produces metallurgical chrome concentrate and specialty chrome concentrates; operates a third-party chrome plant, as well as markets and sells the chrome concentrate produced at the plant; and manufactures and sells mining and mineral processing equipment. In addition, the company owns and operates the Tharisa mine, a PGM and chrome mine located on the Bushveld Complex of South Africa. Further, it engages in the research, development, and beneficiation chrome and PGM output, as well as trading of chrome concentrate. Tharisa plc was incorporated in 2008 and is based in Paphos, Cyprus.
- Exchange
- Johannesburg
- Currency
- ZAc
- Employees
- 2,461
- Country
- Cyprus
- Website
- https://www.tharisa.com
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