Pan African Resources (LON:PAF) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Posted by Max Byerly on Jul 11th, 2026

Shares of Pan African Resources PLC (LON:PAF – Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 135.12 and traded as low as GBX 91.69. Pan African Resources shares last traded at GBX 94.35, with a volume of 2,859,062 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reduced their price objective on Pan African Resources from GBX 165 to GBX 153 and set a “buy” rating on the stock in a research note on Monday, June 1st. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 156.50.

Get Our Latest Stock Report on Pan African Resources

Pan African Resources Stock Down 1.2%

The firm’s 50-day moving average is GBX 120.51 and its two-hundred day moving average is GBX 135.12. The company has a debt-to-equity ratio of 19.51, a quick ratio of 0.74 and a current ratio of 0.98. The stock has a market cap of £1.91 billion, a P/E ratio of 7.89, a PEG ratio of 8.95 and a beta of 0.70.

Insider Activity at Pan African Resources

In other news, insider Keith Spencer sold 1,000,000 shares of the business’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of GBX 157, for a total transaction of £1,570,000. Company insiders own 2.07% of the company’s stock.