Pan African Resources PLC (LON:PAF – Get Free Report) reached a new 52-week high on Friday . The company traded as high as GBX 28.45 ($0.37) and last traded at GBX 28.35 ($0.37), with a volume of 1452201 shares trading hands. The stock had previously closed at GBX 27 ($0.35).
Pan African Resources Trading Up 5.6 %
The company has a debt-to-equity ratio of 28.41, a current ratio of 1.05 and a quick ratio of 0.74. The business’s 50-day moving average price is GBX 26.10 and its two-hundred day moving average price is GBX 22.45. The company has a market capitalization of £547.20 million, a price-to-earnings ratio of 907.50, a P/E/G ratio of 8.95 and a beta of 0.67.
About Pan African Resources
Pan African Resources PLC engages in the mining, extraction, production, and sale of gold in South Africa. The company's flagship projects include the Barberton Mines that consists of three underground mines, including Fairview, Sheba, and Consort located in the Barberton Greenstone Belt; and Elikhulu tailings retreatment plant in Southern Africa.
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