JOHANNESBURG (miningweekly.com) – JSE- and Aim-listed Pan African Gold expects to report earnings per share (EPS) of between 18.3c and 21.32c in the year ended June 30.
This represents a 29% to 39% decrease on the EPS of 30.2c reported in the prior financial year.
Headline earnings per share (HEPS) are expected to decrease by a similar 28% to 38% to between 18.66c and 21.68c, compared with 30.2c in the prior financial year.
When converted into pounds sterling, the company expects EPS of 1.07p to 1.22p, compared with 1.41p in the prior year. HEPS decreased to between 1.1p and 1.24p, compared with 1.41p in the prior financial year.
The company has, in recent months, sold the Uitkomst colliery and Phoenix Platinum and is focusing on its gold operations.
Pan African’s full-year results will be published on September 21.