PAF.L
Pan African Resources PLC
LSEGBpEQUITY
Basic Materials
DELAYED
Last price
136.10
▲ 7.20 (5.59%)
MARKET · —
Price
Open
128.90
Prev close
128.90
Day high
137.30
Day low
124.76
Volume
9.29M
Market cap
$2.76B
P/E (TTM)
17.01
52W range
60.44 – 186.40
Trailing performance
Returnvs SPY
1W
+20.47%
+21.8%
1M
+34.13%
+30.4%
3M
-3.95%
-7.0%
6M
-20.33%
-31.4%
YTD
+6.53%
-5.8%
1Y
+106.24%
+86.2%
3Y
+791.42%
+717.3%
5Y
+715.82%
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$2.76B
Enterprise value$2.80B
Revenue (TTM)$837.76M
Gross profit$424.47M
EBITDA$452.61M
Net income$241.35M
EPS (TTM)$0.08
Free cash flow$209.43M
Total cash$90.11M
Total debt$136.12M
Book value / share$0.25
Shares outstanding2.03B
Float1.44B
Short % of float—
Dividend yield1.61%
Beta (5Y)0.70
Valuation & profitability ratios
Trailing P/E17.01
Forward P/E7.76
PEG ratio—
Price / sales—
Price / book546.11
EV / revenue3.35
EV / EBITDA6.19
Gross margin50.67%
Operating margin52.34%
Profit margin28.81%
Return on equity43.55%
Return on assets25.52%
Debt / equity19.81
Current ratio0.98
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $399.07M | $286.20M | $257.69M | $326.62M |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $104.64M | $60.78M | $48.99M | $65.09M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $104.64M | $60.78M | $48.99M | $65.09M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | 0.17 | 7 | $896.41M | +124.6% |
| Next year | 0.18 | 7 | $941.56M | +5.0% |
Analyst targets & ownership
Mean target$160.43
High target$190.00
Low target$130.00
Implied upside17.88%
Analyst count7
ConsensusSTRONG BUY
Strong buy / Buy1 / 6
Hold0
Sell / Strong sell0 / 0
Held by insiders0.95%
Held by institutions53.91%
Institutions holding214
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
19.32M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 14, 26 | Allan Gray (Pty) Ltd. |
— | 17.25M | — | Direct |
| Aug 3, 26 | Peregrine Capital (Pty) Ltd. |
— | 20.19M | — | Direct |
| Jul 21, 26 | Coronation Fund Managers, Ltd. |
— | 2.29M | — | Direct |
| Jun 29, 26 | Coronation Fund Managers, Ltd. |
— | 2.56M | — | Direct |
| Jun 23, 26 | Loots (Cobus) |
— | 0 | — | Direct |
| Jun 3, 26 | Loots (Cobus) |
— | 0 | — | Direct |
| Jun 1, 26 | Coronation Fund Managers, Ltd. |
— | 60.18M | — | Direct |
| May 11, 26 | Loots (Cobus) |
SELL | 2.61M | $5.25M | Direct |
| Apr 17, 26 | Spencer (Keith Cousens) |
SELL | 1.00M | $2.12M | Direct |
| Apr 8, 26 | Peregrine Capital (Pty) Ltd. |
— | 17.50M | — | Direct |
| Mar 20, 26 | Pretorius (Hendrik) |
BUY | 5.70K | $9.96K | Direct |
| Mar 16, 26 | Loots (Cobus) |
SELL | 100.00K | $207.10K | Direct |
| Feb 20, 26 | Peregrine Capital (Pty) Ltd. |
— | 7.56M | — | Direct |
| Jan 20, 26 | Allan Gray (Pty) Ltd. |
— | 21.85M | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
Allan Gray (Pty) Ltd. |
— | 121.68M | Decrease |
BlackRock Financial Management, Inc. |
— | 76.31M | Annual Return |
Coronation Fund Managers, Ltd. |
— | 122.03M | Increase |
Loots (Jacobus Albertus Johannes) |
— | 7.05M | Annual Return |
Louw (Deon) |
— | 4.97M | Annual Return |
Pan African Resources PLC |
— | 306.36M | Annual Return |
Peregrine Capital (Pty) Ltd. |
— | 71.76M | Decrease |
Prudential Portfolio Managers (South Africa) (Pty) Ltd. |
— | 43.00M | Annual Return |
Public Investment Corporation Ltd. |
— | 252.79M | Annual Return |
Van Eck Associates Corporation |
— | 46.63M | Decrease |
Moving averages & technicals
SMA 10
112.94
+20.51% from price
SMA 20
104.60
+23.23% from price
SMA 50
101.77
+26.66% from price
SMA 100
121.01
+12.47% from price
SMA 200
124.41
+3.61% from price
EMA 12
111.67
+21.88% from price
EMA 26
106.40
+27.91% from price
EMA 50
107.42
+26.70% from price
RSI (14)
72.4
Overbought
MACD (12,26,9)
5.27
Hist 2.48
ATR (14)
6.44
4.99% of price
Realised vol 30D
56.0%
Annualised
Bollinger upper
124.10
20, 2σ
Bollinger lower
85.09
20, 2σ
50 / 200 cross
Death
101.77 vs 124.41
Trend bias
Above 200
+3.61%
Risk profile
Beta vs SPY
0.41
Less volatile than market
Correlation to SPY
0.09
Largely independent
Realised vol 30D
56.0%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-51.7%
Peak to trough
Max drawdown 5Y
-51.7%
Peak to trough
ATR 14
6.44
4.99% of price
Beta (reported)
0.70
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.