21st May 2024 15:05
Tharisa PLC - Cyprus-headquartered platinum miner - Warns that depressed prices of platinum group metals and soaring costs will likely hurt its interim earnings. Expects earnings per share to drop to a range of between 12.5 US cents and 13.5 cents for the first six months that ended March 31, from 17.4 cents a year earlier. Headline EPS is also seen declining to between 12.5 cents and 13.5 cents, compared to 17.6 cents. Says PGM prices plunged nearly 40%, while cost pressures mounted. Read More