Pan African Resources PLC

Pan African Resources PLC

1.33
EUR
-0.08
(-6.01%)
2.31BMarket Cap
Feb 17Next Earn
Pan African Resources PLC
GETTEX:RTZ
(Gettex)

Recent

price

1.33

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
USD
0.14
0.16
0.19
0.25
0.19
0.16
0.1
0.08
0.11
0.14
0.19
0.2
0.17
0.2
0.27
0.57
- -
Revenue per Share
0.03
0.05
0.06
0.04
0.02
0.02
0.01
-0.07
0.02
0.02
0.04
0.04
0.03
0.04
0.07
0.18
- -
Basic EPS, GAAP
- -
0.02
0.03
- -
-0.02
0.01
-0.09
-0.08
-0.01
0.01
0.02
0.01
-0.01
-0.04
- -
0.17
- -
Free Cash Flow per Basic Share
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.15
0.17
0.22
0.25
0.2
0.18
0.15
0.08
0.1
0.1
0.15
0.15
0.15
0.19
0.27
0.51
0.51
Book Value per Share
0.09
0.13
0.19
0.22
0.17
0.15
0.14
0.06
0.08
0.09
0.14
0.14
0.14
0.18
0.26
0.5
0.5
Tangible Book Value per Share
1,504
1,517
1,620
1,827
1,830
1,811
1,564
1,810
1,928
1,928
1,928
1,926
1,917
1,917
1,979
2,030
2,027
Basic Weighted Avg Shares
204
249
309
450
347
284
161
146
218
274
369
376
320
374
540
1,156
- -
Sales/Revenue/Turnover
32.34
42.16
35.15
20.26
10.12
24.8
29.1
18.08
17.73
30.41
29.82
27.84
27.12
30.65
35.56
47.44
- -
Operating Margin (%)
7
8
14
29
26
19
6
7
16
22
32
27
21
22
34
62
- -
Depreciation Expense
44
72
99
78
29
45
23
-123
38
44
75
75
61
79
142
357
- -
Net Income, GAAP
35.01
30.75
22.18
21.08
26.15
25.3
9.37
- -
17.69
15.14
28.75
29.87
28.86
27.95
28.49
33.21
- -
Effective Tax Rate (%)
21.68
28.98
31.94
17.37
8.31
15.9
14.43
-84.13
17.48
16.16
20.25
19.96
19.04
21.24
26.22
30.89
- -
Profit Margin (%)
18
75
7
-1
-13
-18
4
-18
-34
-25
-21
-3
-8
-17
-70
114
114
Working Capital
- -
- -
23
22
39
28
14
113
110
73
42
37
45
125
106
43
43
LT Debt
234
253
399
465
364
268
277
147
184
184
284
295
292
364
547
1,036
1,036
Total Equity
21.3
28.03
27.66
15.32
5.42
14.6
16.39
- -
15.8
23.82
24.56
21.19
17.96
19.49
24.92
39.47
- -
Return on Invested Capital (%)
22.18
29.68
29.77
17.32
7.28
13.13
8.93
- -
16.72
18.84
25.42
23.06
19.51
20.58
25.27
40.05
- -
Return on Capital (%)
22.18
29.61
30.24
18.09
6.96
14.33
8.55
-57.87
23.02
24.12
31.97
25.98
20.75
24.14
30.98
45
- -
Return on Common Equity (%)

Capital Structure

USD

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
ST Debt
87
58
16
LT Borrowings
104
72
39
LT Finance Leases
3
4
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,029
2,027
2,027
Market Capitalization
1,313
3,387
2,640

Working Capital

USD

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
Total Current Assets
105
160
329
Cash, Cash Equivalents & STI
50
90
246
Accounts Receivable, Net
- -
16
- -
Inventories
39
46
39
Total Current Liabilities
176
154
215
Payables & Accruals
- -
- -
- -
ST Debt
87
58
16
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.33%
33.47%
89.51%
Free Cash Flow
-978.81%
-1,785.11%
-9,165.11%
Net Income, GAAP
-47.88%
48.53%
152.28%
Sales/Revenue/Turnover
21.93%
32.49%
114.14%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
374
2025
- -
- -
540
2026
- -
- -
1,156

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.04
2025
- -
- -
0.07
2026
- -
- -
0.18

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
Business
Pan African Resources PLC is a mid-tier gold and precious metals producer primarily operating in South Africa and Australia. The company’s core products and services include underground and surface gold mining, gold tailings retreatment, and exploration activities. Its main operations comprise the Barberton Mines—which include the underground Fairview, Sheba, and Consort mines; Evander Mines with underground shafts and the Elikhulu tailings retreatment plant; the Mogale Tailings Retreatment (MTR) operation on the West Rand; and the Tennant Mines operation in the Tennant Creek region of Australia, which includes the Nobles Gold Mine and the Warrego copper and gold project. Pan African also develops renewable energy and solar power projects at its mining sites and runs agricultural ESG projects in South Africa. The company engages in exploration primarily within South Africa and Sudan to expand its resource base. Founded in 2009 and headquartered in London, Pan African Resources focuses on producing sustainably sourced gold and precious metals while expanding its geographic footprint. Operatively, its portfolio spans Southern Africa and Australia, with significant recent strategic expansions outside Africa. In recent years, Pan African has undertaken several major strategic initiatives. In December 2024, it completed the acquisition of Tennant Consolidated Mining Group (TCMG) in Australia for approximately US$54.2 million, marking a key step in diversifying its asset base geographically and increasing production capacity. This acquisition includes near-completion of a bulk processing plant at the Nobles Gold Mine, the largest facility in the Tennant Creek mineral field, designed to achieve economies of scale. The expansion of the MTR plant in South Africa from 800,000 to 1 million tonnes per month was commissioned by late 2024, under budget and ahead of schedule. Pan African is also rolling out several renewable energy projects to lower production costs and reduce emissions, enhancing operational sustainability. The company maintains a strong production outlook, projecting a significant increase in gold output for the full year 2025 and beyond, with production guidance of approximately 215,000 ounces for FY2025, a 16% increase from the prior year. Pan African Resources operates primarily in the gold mining industry and serves financial institutions and commodity markets worldwide. Its strategic business segments include Barberton Mines, Evander Mines, MTR operations, TCMG in Australia, solar and renewable projects, and exploration assets, alongside corporate and agricultural ESG initiatives. The company maintains a 140-year operational footprint in South Africa and is capitalizing on Australia as a Tier 1 mining jurisdiction to support further growth. These efforts position Pan African Resources as a diversified mid-tier precious metals producer with a growing international presence and a focus on sustainable mining practices.

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