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Tharisa Reports Strong Production and Finances

Tharisa Reports Strong Production and Finances

Tharisa (GB:THS) has released an update.

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Tharisa PLC, a mining and metals company, reported increased production of PGMs and chrome in Q3 FY2024, with a jump in PGM production to 36.9 koz and chrome to 410.2 kt. The firm also bolstered its financial standing with a higher cash balance of US$189.9 million and reduced debts, leading to a net cash position improvement. Additionally, Tharisa continues to prioritize safety with low injury rates and maintains its full-year production guidance.

For further insights into GB:THS stock, check out TipRanks’ Stock Analysis page.

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