Shanta Gold Limited (LON:SHG) Given “Under Review” Rating at FinnCap
A number of other research analysts have also recently commented on SHG. Peel Hunt reduced their price objective on Shanta Gold Limited from GBX 17 ($0.22) to GBX 14 ($0.18) and set a buy rating on the stock in a research note on Wednesday, April 26th. Shore Capital restated a not rated rating on shares of Shanta Gold Limited in a research note on Monday, May 22nd.
Shanta Gold Limited (LON:SHG) remained flat at GBX 3.75 during midday trading on Thursday. 40,158 shares of the stock were exchanged. The firm’s 50-day moving average is GBX 5.09 and its 200 day moving average is GBX 8.06. Shanta Gold Limited has a 1-year low of GBX 5.88 and a 1-year high of GBX 13.38. The firm’s market capitalization is GBX 21.86 million.
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About Shanta Gold Limited
Shanta Gold Limited is a gold producing company engaged in the investment in gold exploration and production in Tanzania. The Company is engaged in mining, processing, exploration and related activities. Its Tanzanian-based assets include New Luika Gold Mine, Singida, Songea and Lupa Goldfield exploration.
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