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

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Pan African Resources PLC (LON:PAF - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 44.45 ($0.57) and last traded at GBX 42.45 ($0.55), with a volume of 7463398 shares traded. The stock had previously closed at GBX 43.30 ($0.56).

Pan African Resources Stock Performance

The company has a market capitalization of £867.81 million, a price-to-earnings ratio of 18.77, a P/E/G ratio of 8.95 and a beta of 0.89. The stock has a 50 day simple moving average of GBX 38.35 and a 200 day simple moving average of GBX 36.41. The company has a quick ratio of 0.74, a current ratio of 0.78 and a debt-to-equity ratio of 35.80.

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.

Further Reading

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