Pan African Resources (LON:PAF) Sets New 12-Month High – Here’s Why

Pan African Resources PLC (LON:PAFGet Free Report)’s share price reached a new 52-week high on Tuesday . The stock traded as high as GBX 44.45 ($0.58) and last traded at GBX 42.45 ($0.55), with a volume of 7463398 shares. The stock had previously closed at GBX 43.30 ($0.56).

Pan African Resources Stock Performance

The company has a quick ratio of 0.74, a current ratio of 0.78 and a debt-to-equity ratio of 35.80. The stock has a market cap of £961.90 million, a price-to-earnings ratio of 20.80, a PEG ratio of 8.95 and a beta of 0.89. The stock’s fifty day moving average is GBX 38.29 and its 200-day moving average is GBX 36.32.

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.

Featured Articles

Receive News & Ratings for Pan African Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pan African Resources and related companies with MarketBeat.com's FREE daily email newsletter.