Shanta Gold (LON:SHG) Stock Price Passes Above 50 Day Moving Average of $9.49

Shanta Gold Limited (LON:SHG)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $9.49 and traded as high as $10.70. Shanta Gold shares last traded at $10.60, with a volume of 2,240,917 shares traded.

The company’s 50-day moving average is GBX 9.72 and its 200 day moving average is GBX 8.80. The company has a market capitalization of $82.67 million and a PE ratio of -17.50. The company has a debt-to-equity ratio of 36.12, a quick ratio of 0.64 and a current ratio of 1.17.

Shanta Gold Company Profile (LON:SHG)

Shanta Gold Limited is a gold producing company engaged in the investment in gold exploration and production in Tanzania. The Company is engaged in mining, processing, exploration and related activities. Its Tanzanian-based assets include New Luika Gold Mine, Singida, Songea and Lupa Goldfield exploration.

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