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An announcement from Tharisa ( (GB:THS) ) is now available.
Tharisa has announced a significant expected decrease in its earnings for the six months ending March 31, 2025, with basic and headline earnings per share projected to drop by over 76% compared to the same period last year. This decline is attributed to operational challenges caused by unprecedented weather conditions and a weaker chrome price, impacting the company’s financial performance and market positioning.
The most recent analyst rating on (GB:THS) stock is a Buy with a £1.00 price target. To see the full list of analyst forecasts on Tharisa stock, see the GB:THS Stock Forecast page.
More about Tharisa
Tharisa is an integrated resource group that plays a crucial role in the energy transition and decarbonization of economies. The company engages in exploration, mining, processing, and marketing of PGMs and chrome concentrates, with its main operations centered around the Tharisa Mine in South Africa and the development of the Karo Platinum Project in Zimbabwe. Tharisa is committed to reducing its carbon footprint by 30% by 2030 and achieving net carbon neutrality by 2050, supported by renewable energy projects and innovative technologies.
Average Trading Volume: 155,124
Technical Sentiment Signal: Sell
Current Market Cap: £182.4M
Learn more about THS stock on TipRanks’ Stock Analysis page.