Tharisa (THS) Share Price, News & Analysis

Company Overview

About Tharisa – delivering on expansion and growth opportunities, commercialising technology solutions Tharisa is an integrated resource group playing a pivotal role in the global energy transition and the decarbonisation of economies. Leveraging innovation and technology, Tharisa covers the entire value chain – exploration, mining, processing, beneficiation, marketing, sales, and logistics – for PGMs and chrome concentrates. The low cost, multigenerational Tharisa Mine is located on the southwestern limb of the Bushveld Complex, South Africa, the largest source of PGMs and chrome globally. Development of the Karo Platinum Project, a tier-one PGM project on Zimbabwe’s Great Dyke, further reinforces Tharisa’s growth strategy. Investments in downstream beneficiation, including proven chrome and PGM alloy production, will add significant value when commercialised. Tharisa is committed to reducing carbon emissions by 30% by 2030 and the sustainability roadmap targets net carbon neutrality by 2050. Through Redox One, Tharisa is advancing proprietary iron-chromium redox flow battery technology, utilising the very commodities it mines to support long-duration energy storage – a key component in the transition to renewable energy. Tharisa plc is listed on the Johannesburg Stock Exchange (JSE: THA) and the London Stock Exchange (LSE: THS, Equity Shares (Transition) Category).

Key Stats

• Today's Range: 111 to 117
• 50-Day Range: 101 to 136
• 52-Week Range: 54 to 148
• Volume: 250,527 shs
• Average Volume: 420,843 shs
• Market Capitalization: £343.66 million
• P/E Ratio: 4.46
• Dividend Yield: 2.03%
• Price Target: GBX 177.50
• Consensus Rating: Buy

THS Stock Analysis - Frequently Asked Questions

How have THS shares performed this year?

Tharisa's stock was trading at GBX 118 on January 1st, 2026. Since then, THS stock has decreased by 1.7% and is now trading at GBX 116.

How do I buy shares of Tharisa?

Shares of THS stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Tharisa own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tharisa investors own include PayPal (PYPL), South32 (SOUHY), Pan African Resources (PAF), Peloton Interactive (PTON), Zoom Communications (ZM), American Airlines Group (AAL) and Ally Financial (ALLY).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Other Precious Metals & Mining
• Sub-Industry: Food Products
• Current Symbol: LON:THS
• CIK: N/A
• Web: www.tharisa.com
• Phone: 357 2 6257052
• Fax: N/A
• Employees: 7,500
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Tharisa: GBX 177.50
• High Price Target: GBX 220
• Low Price Target: GBX 135
• Potential Upside/Downside: +53.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 26
• Trailing P/E Ratio: 4.46
• Forward P/E Ratio: 5.16
• P/E Growth: N/A
• Net Income: £96.84 million
• Net Margins: 12.17%
• Pretax Margin: N/A
• Return on Equity: 10.95%
• Return on Assets: 5.09%

Debt

• Debt-to-Equity Ratio: 13.31
• Current Ratio: 2.03
• Quick Ratio: 1.80

Sales & Book Value

• Annual Sales: £670.22 million
• Price / Sales: 0.51
• Cash Flow: GBX 55.28 per share
• Price / Cash Flow: 2.10
• Book Value: GBX 251.79 per share
• Price / Book: 0.46

Miscellaneous

• Outstanding Shares: 296,259,000
• Free Float: N/A
• Market Cap: £343.66 million
• Optionable: Not Optionable
• Beta: 0.73