Numis Securities Ltd restated their buy rating on shares of Pan African Resources plc (LON:PAF) in a research report released on Thursday. They currently have a GBX 35 ($0.46) target price on the stock.
Several other equities research analysts also recently commented on PAF. Peel Hunt restated an under review rating on shares of Pan African Resources plc in a research report on Wednesday, June 1st. FinnCap reiterated a hold rating and issued a GBX 15 ($0.20) target price on shares of Pan African Resources plc in a research report on Wednesday, June 15th.
Pan African Resources plc (LON:PAF) opened at 20.25 on Thursday. The firm has a 50-day moving average of GBX 20.16 and a 200-day moving average of GBX 17.35. Pan African Resources plc has a one year low of GBX 6.72 and a one year high of GBX 24.50. The firm’s market cap is GBX 362.75 million.
About Pan African Resources plc
Pan African Resources PLC (Pan African) is a South-Africa based gold mining and exploration Company. The Company focuses on exploitation of high grade ore-bodies that yield high margins with a low cash cost base through experienced management teams. The Company’s operations include Barberton, The Barberton Tailings Retreatment Project (BTRP), Evander Gold Mines and Phoenix Platinum Project.
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