Shares of Pan African Resources PLC (LON:PAF - Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 50.90 ($0.69) and last traded at GBX 50.84 ($0.69), with a volume of 1582093 shares trading hands. The stock had previously closed at GBX 49.80 ($0.68).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank boosted their price target on Pan African Resources from GBX 55 ($0.75) to GBX 71 ($0.96) and gave the stock a "buy" rating in a research report on Wednesday, July 2nd.
View Our Latest Report on PAF
Pan African Resources Stock Performance
The company has a debt-to-equity ratio of 35.80, a quick ratio of 0.74 and a current ratio of 0.78. The firm's 50 day moving average is GBX 47.14 and its 200-day moving average is GBX 41.87. The firm has a market cap of £1.07 billion, a price-to-earnings ratio of 23.13, a price-to-earnings-growth ratio of 8.95 and a beta of 0.89.
About Pan African Resources
(
Get Free Report)
Pan African is an African-focused mid-tier gold producer, with annual production capacity of over 200,000 oz/year from long-life (+20 years) underground mines in the prolific Witwatersrand Basin and the Barberton Greenstone Belt, as well as from low-cost high-margin environmentally remediating surface remining operations.
Recommended Stories
Before you consider Pan African Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pan African Resources wasn't on the list.
While Pan African Resources currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
