Pan African Resources PLC (LON:PAF – Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 42.50 ($0.53) and last traded at GBX 38.30 ($0.47), with a volume of 13808798 shares changing hands. The stock had previously closed at GBX 42.15 ($0.52).
Pan African Resources Price Performance
The stock’s 50-day moving average price is GBX 36.96 and its 200 day moving average price is GBX 34.02. The firm has a market capitalization of £733.59 million, a price-to-earnings ratio of 1,273.60, a PEG ratio of 8.95 and a beta of 0.89. The company has a quick ratio of 0.74, a current ratio of 0.71 and a debt-to-equity ratio of 36.10.
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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