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Pan African Resources (LON:PAF) Sets New 12-Month High - Here's What Happened

Pan African Resources logo with Basic Materials background

Shares of Pan African Resources PLC (LON:PAF - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 40.35 ($0.50) and last traded at GBX 40.27 ($0.50), with a volume of 7875211 shares changing hands. The stock had previously closed at GBX 37.15 ($0.46).

Pan African Resources Stock Up 2.6 %

The company has a current ratio of 0.71, a quick ratio of 0.74 and a debt-to-equity ratio of 36.10. The stock's 50-day moving average price is GBX 36.44 and its 200-day moving average price is GBX 33.55. The company has a market cap of £788.16 million, a P/E ratio of 1,368.33, a PEG ratio of 8.95 and a beta of 0.89.

About Pan African Resources

(Get Free Report)

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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