Pan African Resources PLC (LON:PAF - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 36.59 ($0.48) and traded as high as GBX 41.25 ($0.54). Pan African Resources shares last traded at GBX 40.30 ($0.53), with a volume of 6,385,567 shares trading hands.
Pan African Resources Stock Performance
The firm's 50 day simple moving average is GBX 38.81 and its 200 day simple moving average is GBX 36.86. The firm has a market capitalization of £1.04 billion, a price-to-earnings ratio of 22.43, a PEG ratio of 8.95 and a beta of 0.89. The company has a debt-to-equity ratio of 35.80, a quick ratio of 0.74 and a current ratio of 0.78.
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.
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