Pan African Resources PLC (LON:PAF - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 33.27 ($0.41) and traded as high as GBX 38.10 ($0.47). Pan African Resources shares last traded at GBX 37.15 ($0.46), with a volume of 963,361 shares trading hands.
Pan African Resources Price Performance
The firm has a market capitalization of £772.80 million, a price-to-earnings ratio of 1,341.67, a PEG ratio of 8.95 and a beta of 0.89. 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 stock's 50 day moving average price is GBX 36.23 and its two-hundred day moving average price is GBX 33.27.
About Pan African Resources
(
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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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