Pan African Resources PLC (LON:PAF – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 40 ($0.49) and last traded at GBX 39.84 ($0.49), with a volume of 316479 shares trading hands. The stock had previously closed at GBX 39.60 ($0.49).
Pan African Resources Stock Performance
The business has a fifty day moving average of GBX 35.84 and a 200 day moving average of GBX 32.98. The company has a market cap of £753.77 million, a P/E ratio of 1,308.63, a P/E/G 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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