Pan African Resources (PAF) Earns “Buy” Rating from Peel Hunt
Pan African Resources (LON:PAF)‘s stock had its “buy” rating restated by analysts at Peel Hunt in a report issued on Wednesday.
A number of other research firms have also recently issued reports on PAF. Shore Capital restated a “not rated” rating on shares of Pan African Resources in a report on Thursday, September 6th. Numis Securities restated a “buy” rating on shares of Pan African Resources in a report on Friday, July 13th.
PAF stock opened at GBX 7.97 ($0.10) on Wednesday. Pan African Resources has a 52-week low of GBX 6.60 ($0.09) and a 52-week high of GBX 17.25 ($0.22).
Pan African Resources PLC engages in the exploration of precious metals in South Africa. It operates through Barberton Mines, Evander Mines, Corporate, and Funding Company segments. The company primarily explores gold ores, platinum-group elements, and coal. Its principal property is the Barberton gold project that consists of three mines, including Fairview, New Consort, and Sheba located in the Mpumalanga Province; and the Evander Mine located in Evander, South Africa.
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