Shanta Gold Limited (SHG) Earns “Under Review” Rating from FinnCap
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.
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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