Pan African Resources PLC (LON:PAF – Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 44.45 ($0.57) and last traded at GBX 42.45 ($0.55), with a volume of 7463398 shares trading hands. The stock had previously closed at GBX 43.30 ($0.56).
Pan African Resources Price Performance
The stock has a 50-day simple moving average of GBX 38.10 and a 200 day simple moving average of GBX 36.12. The stock has a market capitalization of £941.15 million, a P/E ratio of 20.35, a price-to-earnings-growth 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.
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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