Pan African Resources (LON:PAF) Sets New 12-Month High at $25.50

Shares of Pan African Resources PLC (LON:PAF - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 25.50 ($0.32) and last traded at GBX 23.90 ($0.30), with a volume of 4148965 shares trading hands. The stock had previously closed at GBX 24.40 ($0.30).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 25 ($0.31) price target on shares of Pan African Resources in a research note on Monday, February 5th.

Pan African Resources Stock Down 2.0 %

The stock has a market capitalization of £458.88 million, a price-to-earnings ratio of 796.67, a price-to-earnings-growth ratio of 8.95 and a beta of 0.66. The firm's 50 day simple moving average is GBX 20.47 and its 200-day simple moving average is GBX 17.67. The company has a current ratio of 1.05, a quick ratio of 0.74 and a debt-to-equity ratio of 28.41.

About Pan African Resources

Pan African Resources PLC engages in the mining, extraction, production, and sale of gold in South Africa. The company's flagship projects include the Barberton Mines that consists of three underground mines, including Fairview, Sheba, and Consort located in the Barberton Greenstone Belt; and Elikhulu tailings retreatment plant in Southern Africa.