Pan African Resources (PAF) Share Price, News & Analysis

Company Overview

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. The company is dual primary listed on the main board of the London Stock Exchange and the main board of the JSE in South Africa. Our shares also trade on the OTCQX Best Market in the USA through a Level 1 ADR programme backed by the Bank of New York (ticker PAFRY/PAFRF)

Key Stats

• Today's Range: 109.56 to 113.30
• 50-Day Range: 111.50 to 168.04
• 52-Week Range: 44.10 to 185
• Volume: 6.12 million shs
• Average Volume: 29.68 million shs
• Market Capitalization: £2.29 billion
• P/E Ratio: 9.46
• Dividend Yield: 1.92%
• Price Target: GBX 156.50
• Consensus Rating: Buy

Pan African Resources Stock Analysis - MarketRank™

Pan African Resources scored higher than 67% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Pan African Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 2 buy ratings, no hold ratings, and no sell ratings.

Upside Potential

Pan African Resources has a consensus price target of GBX 156.50, representing about 41.4% upside from its current price of GBX 110.70.

Amount of Analyst Coverage

Pan African Resources has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Pan African Resources is 9.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.78.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pan African Resources is 9.26, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.42.

Price to Earnings Growth Ratio

Pan African Resources has a PEG Ratio of 8.95. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Pan African Resources has a P/B Ratio of 5.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PAF.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Pan African Resources pays a meaningful dividend of 1.92%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Pan African Resources does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Pan African Resources is 18.13%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.02

News Sentiment

Pan African Resources has a news sentiment score of 0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Pan African Resources this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Pan African Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £1,570,000 in company stock.

Percentage Held by Insiders

2.15% of the stock of Pan African Resources is held by insiders.

Percentage Held by Institutions

43.72% of the stock of Pan African Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: LON:PAF
• CIK: N/A
• Web: www.panafricanresources.com
• Phone: +44-20-77968644
• Fax: N/A
• Employees: 2,469
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Pan African Resources: GBX 156.50
• High Price Target: GBX 160
• Low Price Target: GBX 153
• Potential Upside/Downside: +38.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 11.96
• Trailing P/E Ratio: 9.44
• Forward P/E Ratio: 20.52
• P/E Growth: 8.95
• Net Income: £58.60 million
• Net Margins: 29.14%
• Pretax Margin: N/A
• Return on Equity: 39.66%
• Return on Assets: 12.99%

Debt

• Debt-to-Equity Ratio: 20.15
• Current Ratio: 0.98
• Quick Ratio: 0.74

Sales & Book Value

• Annual Sales: £837.76 million
• Price / Sales: 2.73
• Cash Flow: GBX 9.51 per share
• Price / Cash Flow: 11.87
• Book Value: GBX 19 per share
• Price / Book: 5.94

Miscellaneous

• Outstanding Shares: 2,027,313,000
• Free Float: N/A
• Market Cap: £2.29 billion
• Optionable: Not Optionable
• Beta: 0.78