Shanta Gold Limited (LON:SHG) to Issue Dividend Increase – GBX 0.15 Per Share

Shanta Gold Limited (LON:SHG) declared a dividend on Thursday, March 21st, Upcoming.Co.Uk reports. Shareholders of record on Thursday, March 28th will be given a dividend of GBX 0.15 ($0.00) per share on Friday, April 26th. This represents a yield of 1.04%. The ex-dividend date of this dividend is Thursday, March 28th. This is an increase from Shanta Gold’s previous dividend of $0.10. The official announcement can be viewed at this link.

Shanta Gold Stock Performance

SHG stock opened at GBX 14.51 ($0.18) on Wednesday. The business’s fifty day moving average is GBX 13.43 and its 200-day moving average is GBX 12.03. The company has a quick ratio of 0.39, a current ratio of 1.33 and a debt-to-equity ratio of 19.81. The company has a market cap of £152.36 million, a P/E ratio of 1,452.50 and a beta of 0.45. Shanta Gold has a twelve month low of GBX 8.60 ($0.11) and a twelve month high of GBX 14.90 ($0.19).

Shanta Gold Company Profile

Shanta Gold Limited, together with its subsidiaries, engages in the exploration, development, and production of gold in East Africa. It holds a 100% interest in the New Luika gold mine property located in Songwe district of Southwestern Tanzania. The company also owns the Singida gold mine located in the Ikungi region of Central Tanzania; and the West Kenya Project in Kenya.