Pan African Resources PLC (LON:PAF – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 42.80 ($0.55) and last traded at GBX 42.45 ($0.55), with a volume of 2940104 shares trading hands. The stock had previously closed at GBX 41.65 ($0.54).
Pan African Resources Stock Up 1.3 %
The firm’s 50 day moving average price is GBX 37.73 and its 200-day moving average price is GBX 35.75. The company has a current ratio of 0.78, a quick ratio of 0.74 and a debt-to-equity ratio of 35.80. The company has a market cap of £921.50 million, a P/E ratio of 19.93, a price-to-earnings-growth ratio of 8.95 and a beta of 0.89.
About Pan African Resources
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.
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