Pan African Resources Achieves Record Gold Production and Reduces Debt

Pan African Resources ( (GB:PAF) ) has provided an update.

Pan African Resources reported a record half-year gold production of approximately 112,000 ounces in FY25H2, marking a 32% increase from the previous half. Despite this achievement, the full-year production is expected to fall slightly below the guidance range due to delays in certain projects. The company also announced a substantial reduction in net debt by 32% and a share buyback program. Looking forward, Pan African anticipates a significant increase in production for FY26, driven by steady-state production at the Mogale Tailings Retreatment operation and increased output from the Evander underground operations.

The most recent analyst rating on (GB:PAF) stock is a Buy with a £0.30 price target. To see the full list of analyst forecasts on Pan African Resources stock, see the GB:PAF Stock Forecast page.

Spark’s Take on GB:PAF Stock

According to Spark, TipRanks’ AI Analyst, GB:PAF is a Outperform.

The overall score is driven by strong financial performance and technical analysis indicators. The positive corporate event also adds to the confidence in the stock, although it is not weighted in the final score due to the redistribution. Valuation is reasonable, offering a balanced growth and income potential.

To see Spark’s full report on GB:PAF stock, click here.

More about Pan African Resources

Pan African Resources is a mining company primarily engaged in gold production, with operations in South Africa. The company focuses on both surface and underground mining, and it is listed on the AIM and JSE stock exchanges.

Average Trading Volume: 7,654,828

Technical Sentiment Signal: Buy

Current Market Cap: £963.9M

For detailed information about PAF stock, go to TipRanks’ Stock Analysis page.