An announcement from Thungela Resources Limited ( (GB:TGA) ) is now available.
Thungela Resources Limited has issued a trading statement indicating a significant decrease in its earnings per share (EPS) and headline earnings per share (HEPS) for the year ended December 31, 2024. The EPS is expected to be between R25.00 and R27.50, marking a reduction from the previous year’s R37.66, while HEPS is projected to be between R24.00 and R26.50, down from R34.97. This decline reflects a challenging financial period for the company, with implications for its shareholders. The company plans to release its full financial results on March 17, 2025, accompanied by an investor webinar and conference call.
More about Thungela Resources Limited
Thungela Resources Limited is a company incorporated in the Republic of South Africa, primarily engaged in the mining industry. It is listed on both the Johannesburg Stock Exchange (JSE) and the London Stock Exchange (LSE), focusing on coal production and related activities.
YTD Price Performance: -15.95%
Average Trading Volume: 134,405
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £667.2M
For detailed information about TGA stock, go to TipRanks’ Stock Analysis page.