Pan African Resources plc (LON:PAF) to Issue GBX 0.12 Dividend

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Pan African Resources plc (LON:PAF) declared a dividend on Wednesday, September 18th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, December 12th will be paid a dividend of GBX 0.12 ($0.00) per share on Monday, December 30th. This represents a yield of 1.11%. The ex-dividend date of this dividend is Thursday, December 12th. The official announcement can be seen at this link.

Shares of PAF stock traded up GBX 0.07 ($0.00) on Tuesday, reaching GBX 10.55 ($0.14). 826,294 shares of the stock were exchanged, compared to its average volume of 3,010,000. The stock has a market cap of $203.44 million and a P/E ratio of 5.28. The company has a quick ratio of 0.37, a current ratio of 0.47 and a debt-to-equity ratio of 72.86. The firm has a 50 day moving average of GBX 11.09 and a two-hundred day moving average of GBX 11.36. Pan African Resources has a 1-year low of GBX 8.08 ($0.11) and a 1-year high of GBX 14.70 ($0.19).

PAF has been the subject of a number of research analyst reports. Shore Capital restated a “not rated” rating on shares of Pan African Resources in a report on Wednesday, September 18th. Peel Hunt restated a “buy” rating and set a GBX 17 ($0.22) price objective on shares of Pan African Resources in a report on Wednesday, September 18th. Finally, Peel Hunt restated a “buy” rating on shares of Pan African Resources in a report on Tuesday.

Pan African Resources Company Profile

Pan African Resources PLC engages in the exploration of precious metals in South Africa. It operates through Barberton Mines, Evander Mines, Corporate, and Funding Company segments. The company primarily explores gold ores, platinum-group elements, and coal. Its principal property is the Barberton gold project that consists of three mines, including Fairview, New Consort, and Sheba located in the Mpumalanga Province.

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Dividend History for Pan African Resources (LON:PAF)

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