Shares of Pan African Resources PLC (LON:PAF – Get Free Report) reached a new 52-week high on Thursday . The company traded as high as GBX 40.35 ($0.50) and last traded at GBX 40.27 ($0.50), with a volume of 7875211 shares changing hands. The stock had previously closed at GBX 37.15 ($0.46).
Pan African Resources Stock Performance
The company has a 50-day moving average of GBX 36.23 and a 200-day moving average of GBX 33.27. The company has a market cap of £772.80 million, a PE ratio of 1,341.67, a PEG ratio of 8.95 and a beta of 0.89. The company has a quick ratio of 0.74, a current ratio of 0.71 and a debt-to-equity ratio of 36.10.
About Pan African Resources
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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