Pan African Resources (LON:PAF) Trading Down 9.1% - Here's What Happened

Pan African Resources logo with Basic Materials background

Pan African Resources PLC (LON:PAF - Get Free Report)'s stock price traded down 9.1% on Monday . The company traded as low as GBX 38 ($0.47) and last traded at GBX 38.30 ($0.47). 13,019,123 shares traded hands during trading, an increase of 249% from the average session volume of 3,734,534 shares. The stock had previously closed at GBX 42.15 ($0.52).

Pan African Resources Trading Down 9.1 %

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 business's 50-day moving average is GBX 36.89 and its two-hundred day moving average is GBX 33.99. The firm has a market cap of £735.36 million, a P/E ratio of 1,276.67, 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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