Pan African Resources (LON:PAF) Stock Price Up 9.9% – Here’s Why

Posted by James Conley on Feb 21st, 2026

Shares of Pan African Resources PLC (LON:PAF – Get Free Report) traded up 9.9% on Thursday . The stock traded as high as GBX 160.40 and last traded at GBX 160.20. 8,635,302 shares traded hands during trading, a decline of 62% from the average session volume of 23,019,322 shares. The stock had previously closed at GBX 145.80.

Analysts Set New Price Targets

Several brokerages have issued reports on PAF. Canaccord Genuity Group increased their price target on Pan African Resources from GBX 135 to GBX 160 and gave the stock a “buy” rating in a report on Thursday, February 5th. Berenberg Bank reiterated a “buy” rating and issued a GBX 154 price objective on shares of Pan African Resources in a research report on Monday, February 9th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Pan African Resources presently has a consensus rating of “Buy” and a consensus target price of GBX 157.

Check Out Our Latest Analysis on Pan African Resources

Pan African Resources Stock Performance

The stock has a fifty day simple moving average of GBX 130.67 and a 200-day simple moving average of GBX 100.26. The stock has a market cap of £3.38 billion, a P/E ratio of 23.26, a PEG ratio of 8.95 and a beta of 0.89. The company has a debt-to-equity ratio of 35.80, a quick ratio of 0.74 and a current ratio of 0.78.