Pan African Resources is trading 4.4% up at ZAc 2,140.00 as bargain hunters step in following a sharp selloff triggered by production guidance.
- The stock is rebounding after the company indicated that FY26 gold output will likely hit the lower end of its guidance range, which had previously pressured the share price.
- Investors appear to be reassessing the impact of the production update, with some finding value in the shares after the recent pullback.