Pan African Resources (LON:PAF) Reaches New 1-Year High – Should You Buy?

Pan African Resources PLC (LON:PAFGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 41.90 ($0.52) and last traded at GBX 41.85 ($0.52), with a volume of 3321038 shares. The stock had previously closed at GBX 40.80 ($0.51).

Pan African Resources Stock Performance

The company has a market capitalization of £800.64 million, a price-to-earnings ratio of 1,390.00, a P/E/G ratio of 8.95 and a beta of 0.89. The company has a debt-to-equity ratio of 36.10, a quick ratio of 0.74 and a current ratio of 0.71. The firm has a 50-day simple moving average of GBX 36.51 and a two-hundred day simple moving average of GBX 33.64.

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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