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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Pan African Resources says interim EPS set to surge

(Sharecast News) - Pan African Resources said on Wednesday that it expects interim earnings per share to surge as it benefits from the rally in the gold price and higher production of the yellow metal. For the six months to the end of December 2025, the company now expects earnings per share of between 7.18 cents and 7.43 cents, versus a restated 2.50 cents in the same period a year earlier. This represents a jump of between 187% and 197%, respectively.

Headline EPS (HEPS) for the current reporting period is expected to be between 7.28 cents per share and 7.40, compared to HEPS of 1.20 cents a year earlier, up between 507% and 517%, respectively.

The expected rise in EPS and HEPS was put down to a 157.3% increase in revenue following a 62% jump in the average gold price received and a 51.5% increase in gold produced.

The African gold miner said group production is expected to rise further in the second half, largely due to increased production from the MTR expansion project and from Tennant Mines. It is now guiding to full-year production of 275,000oz to 292,000oz.

At 1445 GMT, the shares were up 1.9% at 141.78p.

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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