Pan African Resources PLC (LON:PAF - Get Free Report) dropped 7.3% during mid-day trading on Wednesday . The stock traded as low as GBX 43.05 ($0.58) and last traded at GBX 44.25 ($0.59). Approximately 105,466,664 shares traded hands during trading, an increase of 1,013% from the average daily volume of 9,475,318 shares. The stock had previously closed at GBX 47.75 ($0.64).
Pan African Resources Price Performance
The firm has a market capitalization of £960.81 million, a PE ratio of 20.78, a P/E/G ratio of 8.95 and a beta of 0.89. 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 stock has a fifty day moving average price of GBX 40.85 and a 200-day moving average price of GBX 37.87.
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
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
