Pan African Resources PLC (LON:PAF – Get Free Report)’s stock price rose 6.4% on Wednesday . The stock traded as high as GBX 124.30 and last traded at GBX 121.96. Approximately 9,129,342 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 24,531,916 shares. The stock had previously closed at GBX 114.60.
Wall Street Analysts Forecast Growth
PAF has been the subject of a number of recent analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 153 price objective on shares of Pan African Resources in a research report on Friday, September 11th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 155 target price on shares of Pan African Resources in a research report on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 156.
View Our Latest Stock Report on PAF
Pan African Resources Price Performance
The company has a 50 day moving average price of GBX 112.76 and a 200 day moving average price of GBX 126.76. The firm has a market cap of £2.65 billion, a PE ratio of 10.93, a price-to-earnings-growth ratio of 8.95 and a beta of 0.74. The company has a current ratio of 1.47, a quick ratio of 0.74 and a debt-to-equity ratio of 5.71.
About Pan African Resources
Recommended Stories
- Five stocks we like better than Pan African Resources
- Laser Focus: 2 Optical Stocks Lighting Up AI
- Aeluma’s Selloff Could Be Setting Up Its Next Big Move
- Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip?
- The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks
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.
