Tharisa PLC - Cyprus-headquartered platinum miner - Intends to buy back own shares worth up to USD5 million. Says it believes that its shares are trading at a significant discount, hurt by depressed platinum group metal prices. Notes that the stock also does not reflect the strong co-product contribution from its chrome sales.
Current stock price in London: 58.80 pence, up 6.0% on Tuesday afternoon
12-month change: down 41%
Current stock price in Johannesburg: ZAR14.04, up 11%
12-month change: down 38%
By Artwell Dlamini, Alliance News reporter
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Tharisa (THS)