FinnCap Reaffirms Buy Rating for Shanta Gold Limited (SHG)
Separately, Peel Hunt restated a buy rating and issued a GBX 21 ($0.27) target price on shares of Shanta Gold Limited in a research note on Thursday, September 22nd.
Shanta Gold Limited (LON:SHG) opened at 10.1999 on Monday. Shanta Gold Limited has a 12-month low of GBX 4.50 and a 12-month high of GBX 12.00. The stock’s market cap is GBX 50.91 million. The firm’s 50-day moving average price is GBX 9.96 and its 200 day moving average price is GBX 7.94.
About Shanta Gold Limited
Shanta Gold Limited is a company with principal operations in mining, processing, exploration and related activities. The Company is engaged in gold mining, development and exploration in Tanzania. It owns 100% interest in New Luika Gold Mine located in Chunya administrative district, Mbeya region in the Lupa Goldfield of south west Tanzania.
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