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An update from Tharisa ( (GB:THS) ) is now available.
Tharisa reported a strong third quarter for FY2025, with significant improvements in mining volumes and production. The company saw a 27.7% increase in reef mining volumes and higher production of PGMs and chrome. Despite a decrease in cash on hand, Tharisa maintains a robust balance sheet, supported by rising commodity prices. The company continues to focus on safety, achieving a lost time injury-free quarter, and is progressing with its Karo Platinum project and other strategic initiatives.
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 involved in exploration, mining, processing, and beneficiation of PGMs and chrome concentrates. It focuses on energy transition and decarbonisation, with operations primarily in South Africa and Zimbabwe. The company is committed to reducing its carbon footprint by 30% by 2030 and achieving net carbon neutrality by 2050.
Average Trading Volume: 287,053
Technical Sentiment Signal: Buy
Current Market Cap: £259.8M
Learn more about THS stock on TipRanks’ Stock Analysis page.