Pan African Resources PLC (LON:PAF – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 23.75 ($0.30) and last traded at GBX 23.50 ($0.30), with a volume of 3707659 shares traded. The stock had previously closed at GBX 23 ($0.29).
Analysts Set New Price Targets
Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 25 ($0.32) price objective on shares of Pan African Resources in a report on Monday, February 5th.
Check Out Our Latest Research Report on PAF
Pan African Resources Stock Performance
About Pan African Resources
Pan African Resources PLC engages in the mining, extraction, production, and sale of gold in South Africa. The company's flagship projects include the Barberton Mines that consists of three underground mines, including Fairview, Sheba, and Consort located in the Barberton Greenstone Belt; and Elikhulu tailings retreatment plant in Southern Africa.
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