PAN Trading Statement Bullish

PAN AFRICAN RESOURCES PLC - Group Trading Statement for the six months ended 31 December 2025

Pan African Resources PLC
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What this filing means

Bull case

  • Headline earnings per share (HEPS) is expected to grow between 507% and 517% for the six months ended 31 December 2025.
  • Gold production increased by 51.5% to 128,296oz, demonstrating strong operational output alongside higher commodity prices.

Bear case

  • Profitability growth is heavily reliant on a 61.6% surge in the average gold price, which may be unsustainable if commodity prices soften.
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Category
Trading Statement
Published
Feb 11, 2026

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