Pan African Resources PLC (PAF.L) stock analysis

In our weekly check, Pan African Resources PLC is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 20 pass, warnings: 1, red flags: 4.

About Pan African Resources PLC

Pan African Resources PLC is a Basic Materials company (Gold) based in South Africa, listed on LSE as PAF.L.

What our checks show for PAF.L

Red flags

• Analysts expect the net margin to shrink by 6.9 points from today's 30.9%.
• The price swings a lot: 59.1% annual volatility. Expect large ups and downs.
• The stock has fallen as much as 81% from a peak. Would you have held through that?
• The share count grew by 2018% in 2 years: each shareholder owns a smaller slice.

Warning signs

• Recovering from its deepest fall took about 1.8 years.

Strengths

• Debt is low: 0.06x equity.
• Operating profit covers interest 36.1 times over.
• The net margin rose by 10.9 points over 5 years, to 30.9%.
• The gross margin is 55.2% and has risen by 22.4 points: pricing power is holding.
• Operating cash flow is 1.72x net profit: the profit arrives as real cash.
• Revenue grew 53.6% a year over the last 3 years.

Similar companies

DRD · NG · FSM · HYMC · SSRM · AUGO

Questions

What grade does Pan African Resources PLC (PAF.L) have?

In our weekly check, Pan African Resources PLC is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 20 pass, warnings: 1, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of PAF.L stock?

This week's biggest flags for Pan African Resources PLC: Margins expected to shrink, Very volatile, Deep past fall. In total 5 of 25 checks show a warning or a red flag.

What does Pan African Resources PLC do?

Pan African Resources PLC is a Basic Materials company (Gold) based in South Africa, listed on LSE as PAF.L.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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