Pan African Resources PLC (LON:PAF – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 50.80 ($0.67) and last traded at GBX 47.75 ($0.63), with a volume of 12184937 shares traded. The stock had previously closed at GBX 47.65 ($0.63).
Pan African Resources Price Performance
The company has a quick ratio of 0.74, a current ratio of 0.78 and a debt-to-equity ratio of 35.80. The stock’s 50-day moving average price is GBX 40.07 and its 200 day moving average price is GBX 37.59. The firm has a market cap of £973.91 million, a price-to-earnings ratio of 21.06, a price-to-earnings-growth ratio of 8.95 and a beta of 0.89.
About Pan African Resources
Pan African is an African-focused mid-tier gold producer, with annual production capacity of over 200,000 oz/year from long-life (+20 years) underground mines in the prolific Witwatersrand Basin and the Barberton Greenstone Belt, as well as from low-cost high-margin environmentally remediating surface remining operations.
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