Petropavlovsk (LON:POG) Stock Crosses Above 200 Day Moving Average of $9.34

Petropavlovsk PLC (LON:POG) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.34 and traded as high as $10.06. Petropavlovsk shares last traded at $9.90, with a volume of 5,887,916 shares changing hands.

Several brokerages recently issued reports on POG. Shore Capital reaffirmed a “not rated” rating on shares of Petropavlovsk in a research report on Tuesday, September 10th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 16 ($0.21) target price on shares of Petropavlovsk in a research report on Monday, October 21st. Finally, Peel Hunt lowered their target price on Petropavlovsk from GBX 17 ($0.22) to GBX 16 ($0.21) and set a “buy” rating for the company in a research report on Thursday.

The firm has a market capitalization of $340.95 million and a P/E ratio of 4.29. The company has a current ratio of 0.93, a quick ratio of 0.29 and a debt-to-equity ratio of 100.05. The company has a 50-day moving average of GBX 9.77 and a 200-day moving average of GBX 9.36.

Petropavlovsk Company Profile (LON:POG)

Petropavlovsk PLC operates as a gold exploration, development, and mining company in the Russian Far East. The company's principal mining assets include Pioneer, Albyn, Pokrovskiy, and Malomir located in the Amur region. It also produces silver deposits. In addition, the company provides management, finance, construction, project and engineering, research, repair and maintenance, transportation services; produces explosive materials; and operates educational institutes.

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