Pan African sees FY EPS more than doubling

Mining company Pan African Resources Plc (PAFR.L), which produces about 100,000 ounces of gold a year and is unhedged, reported that the company expects its earnings to more than double in the year to end June.

The press release is quoted as saying:

Earnings per share (EPS) for the year in pounds is expected to rise between 148-158 percent from 0.4 pence ($0.6) per share while EPS in South African rand is anticipated to have grown between 106-116 percent.

Click here to access the entire press release