Pan African Resources (LON:PAF) Shares Up 9.9% – Here’s Why

Posted by Jeff Wilder on Feb 18th, 2026

Pan African Resources PLC (LON:PAF – Get Free Report) rose 9.9% during mid-day trading on Wednesday . The company traded as high as GBX 160.40 and last traded at GBX 160.20. Approximately 8,635,302 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 23,019,322 shares. The stock had previously closed at GBX 145.80.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on PAF. Canaccord Genuity Group boosted their price objective on Pan African Resources from GBX 135 to GBX 160 and gave the company a “buy” rating in a research note on Thursday, February 5th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 154 target price on shares of Pan African Resources in a report on Monday, February 9th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 157.

Get Our Latest Research Report on PAF

Pan African Resources Stock Up 9.9%

The company has a market capitalization of £3.25 billion, a PE ratio of 22.37, a P/E/G ratio of 8.95 and a beta of 0.89. The company has a current ratio of 0.78, a quick ratio of 0.74 and a debt-to-equity ratio of 35.80. The firm has a 50 day simple moving average of GBX 127.72 and a two-hundred day simple moving average of GBX 98.70.