FinnCap reissued their under review rating on shares of Shanta Gold Limited (LON:SHG) in a research note published on Tuesday.

Other equities analysts have also issued reports about the stock. Peel Hunt reaffirmed a buy rating and issued a GBX 16 ($0.21) price objective on shares of Shanta Gold Limited in a research report on Tuesday, May 23rd. Shore Capital initiated coverage on shares of Shanta Gold Limited in a research report on Tuesday, September 5th. They issued a not rated rating for the company.

Shanta Gold Limited (LON:SHG) opened at 3.875 on Tuesday. The stock’s market capitalization is GBX 29.68 million. Shanta Gold Limited has a 12-month low of GBX 3.52 and a 12-month high of GBX 13.38. The stock’s 50 day moving average is GBX 3.81 and its 200 day moving average is GBX 6.62.

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In other Shanta Gold Limited news, insider Robin Anthony Fryer purchased 120,000 shares of Shanta Gold Limited stock in a transaction on Wednesday, August 30th. The stock was bought at an average cost of GBX 4 ($0.05) per share, with a total value of £4,800 ($6,199.15).

Shanta Gold Limited Company Profile

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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