Pan African Resources (LON:PAF) Hits New 52-Week High - Still a Buy?

Pan African Resources logo with Basic Materials background

Pan African Resources PLC (LON:PAF - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 41.90 ($0.52) and last traded at GBX 41.85 ($0.52), with a volume of 3321038 shares changing hands. The stock had previously closed at GBX 40.80 ($0.51).

Pan African Resources Price Performance

The company has a debt-to-equity ratio of 36.10, a current ratio of 0.71 and a quick ratio of 0.74. The company has a 50-day moving average price of GBX 36.73 and a 200-day moving average price of GBX 33.83. The firm has a market capitalization of £791.04 million, a PE ratio of 1,373.33, a P/E/G 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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